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.
Egyptian electricity production increased by 5.7% YOY in October 2018, recording 16.7 MWh compared to 15.8 MWh in October 2017.
Egyptian electricity production increased by 7.6% YOY in September 2018, recording 18.4 MWh compared to 17.1 MWh in September 2017.
The waiver will allow Iraq to continue importing electricity from Iran as the main Iraqi power plants depend on Iranian natural gas. Besides, Baghdad’s power generation is not enough to ensure domestic supply.
Egypt produced around 45,000 megawatt of electricity per day (MW/d) during December 2018.
Siemens has completed two substations in Egypt with an aim to improve the national electricity grid’s resilience.
Egyptian electricity consumption increased by 2.88% year-on-year (YOY) in August 2018, recording 14.3 megawatts per hour (MWh) compared to 13.9 MWh in August 2017.
The Egyptian electricity sector is set to pay down the total debts to the Ministry of Petroleum within five years.
Egypt plans to lay the foundation stone of the EuroAfrica Interconnector project in November 2018.
The US has granted Iraq a 45-day waiver from its sanctions on Iran in order to import natural gas and electricity supplies.
