Electricity | Egypt Oil & Gas - Part 5

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.

Egypt Halts Sudan’s Electricity Interconnector Project

The ministry completed the project and requested operational trial from the Sudanese side in March, but it received back a reply that there is no electricity minister in Sudan.

Electricity Production Increases by 1.4% YOY in November 2018

Egyptian electricity production increased by 1.4% YOY in November 2018, recording 14.5 MWh compared to 14.3 MWh generated in November 2017.

Renewable Energy Saves 4.6 B Tons Fuel

Egypt saved around 4.6 billion tons of equivalent fuel during 2018 due to the usage of renewable energy while generating electricity.

Egypt Produces 1,000 MW Electricity from Gabal El Zeit, Zaafarana Wind Farms

The Ministry of Electricity and Renewable Energy seeks to boost production capacity from wind farms through new projects such as the 250 MW generation project that operates by 3 companies.

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