Electricity Consumption Falls by 2.59% YOY
Egypt’s electricity consumption decreased by 2.59%, recording 11.3 megawatts per hour (MWh) in February 2019, compared to 11.6 MWh in February 2018.
Electricity | Egypt Oil & Gas - Part 4
Electricity Projects Receive EGP 53 B in FY 2019/2020
Investments that support production and development projects in the electricity sector have reached around EGP 53 billion during fiscal year (FY) 2019/2020.
Egypt Establishes 26 Power Plants in 5 Years
The 26 stations include 114 electricity-generating units, which produced around 25,000 MW and helped the sector achieve an electricity surplus.
Egypt Generates 6,000 MW from Renewables
Egypt successfully generated total of 6,000 MW from renewable resources, including 2,000 MW from solar plants and wind farms.
Electricity Prices to Rise in FY 2019/20
The Ministry of Electricity said that the electricity rates must increase in fiscal year (FY) 2019/20.
Electricity Output Increases by 13.53%
Egypt’s electricity production increased by 13.53%, recording 15.1 MWh in January 2019, compared to 13.3 MWh in January 2018.
Electricity Consumption Decreases by 3.88% in a Month
Egypt's electricity consumption decreased by 3.88% over, recording 12.4 megawatts per hour (MWh) in December 2018 compared to 12.9 MWh in November 2018.
Electricity Generated from Renewables Increases by 24.9% YOY: CAPMAS
Electricity generated from renewable resource in Egypt increased by 24.9% year-on-year (YOY), recording 2,780 GWh in FY 2016/17.
Iraq Buys Iranian Oil Sanctions-Free for 90 Days
The US allowed Iraq to continue importing energy from Iran without sanctions for a 90-day waiver.
Power Plants Comprise 65% of Local Gas Consumption
Households and factories follow power plants in natural gas consumption.
