24 Hrs
Source:
بوابة الشروق
_1777352244987_250242181.png&w=48&q=75){kind=small}
Electricity Minister: Export Possible Despite Peak Loads
Egyptian Minister of Electricity, Dr. Mahmoud Esmat, confirmed that the cost of connecting renewable energy sources to the national grid exceeds 190 billion Egyptian pounds. He mentioned that President Abdel Fattah El-Sisi has directed support for the manufacturing of solar energy products, wind energy, and storage batteries, with a focus on utilizing local inputs. This initiative is expected to save approximately 19 billion cubic meters of natural gas annually. He explained that these efforts could save up to 14 billion dollars if gas prices rise to 20 dollars per million British thermal units, while also helping to reduce carbon emissions. There is also potential to export some capacity to countries such as Jordan, Libya, and Sudan, although the export quantities would be limited. Additionally, he pointed out that 43,000 square kilometers have been allocated for solar and wind energy projects.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)