The higher committee for the project of renewable solar energy utilization held its first meeting to study Eni’s project to establish a solar energy station for electricity generation with a capacity of 100 MW in Sinai, Egypt Oil&Gas reported.
The station will be built in Balayim Petroleum Company’s (Petrobel) headquarters in Abou Redis, South Sinai, due to the availability of all elements necessary for establishing the station. New details of the plan were announced in the framework of the mutual cooperation between the ministries of petroleum and electricity to support the government’s policy aiming at the diversification of energy resources and the best utilization of the new and renewable energy resources.
In the meeting, the officials reviewed the main points of the initial study of the project and agreed to form a team consisting of the two ministries and Eni, in order to study all the technical, economic, legal, and financial details of the project. They are to agree on how to best utilize the remaining electricity power from Petrobel location, to be pumped to the national power grid, after agreeing on a tariff for power purchase.
Following the meeting, the minister of petroleum stated that this trend comes in the framework of comprehensive efforts to use renewable energy in power generation in order to decrease consumption, preserve electric fuel, and generate clean energy to preserve the environment.
The higher committee was headed by the Minister of Petroleum and Mineral Resources, Tarek El Molla, and included Mohammed Taher and Mohamed Moanes, the two First Undersecretaries of the Ministry of Petroleum and Mineral Resources, Mohamed El Masry, Egyptian Natural Gas Holding Company (EGAS) Chairman, and Atef Hassan, Petrobel Chairman and Managing Director. From the Ministry of Electricity, Chairman of the Egyptian Electricity Holding Company (EEHC), Gaber Dessouki, Chairman of the New and Renewable Energy Authority (NREA), Mohamed Salah El Sobki, and EEHC dedicated member of planning and research, Mohamed El Tablawi, attended. From Eni’s side, Executive Vice President North Africa at Eni, Adriano Mongini, International Egyptian Oil Company (IOC) Chairman was present.