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Egypt and Saudi Arabia intend to operate their interconnected power project at full capacity of 3,000 megawatts in September next year, after completing technical and operational testing. The project relies on High Voltage Direct Current (HVDC) technology at 500 kilovolts, connecting Egypt and Saudi Arabia via overhead lines and submarine cables approximately 1,350 kilometers long, with an investment of $1.8 billion. The aim is to enhance the stability of both grids, support renewable energy sources, and expand Egypt's platform as a regional hub for electricity exchange and export. Over the past decade, Egypt has invested around 965 billion Egyptian pounds to increase capacity to 60,000 megawatts, compared to peak loads reaching 40,000 megawatts in the summer.
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