Esmat: No load reduction, fuel saving to reach 70B pounds

The Minister of Electricity and Renewable Energy, Mahmoud Esmat, confirmed that the country will not revert to load shedding but will continue working to secure and develop the electrical grid sustainably. He pointed out that the sector has invested around 5 trillion Egyptian pounds over the past decade to expand generation capacities, which have exceeded 35,000 megawatts from thermal and renewable sources. Additionally, plans are underway to improve plant efficiency and reduce fuel consumption to less than 170 grams per kilowatt-hour. He also revealed that approximately 4,000 megawatts of solar and wind energy were added in the past two years, with a goal to increase the share of renewable energy to 45% by 2028, as part of an strategy aimed at boosting reliance on clean energy, ensuring grid stability, and reducing dependence on traditional fuel and carbon emissions. Furthermore, the Nuclear Power Plant project in Dabaa will add 4,800 megawatts and supply 8 billion cubic meters of natural gas annually. The government is also working on updating the transmission network to enhance flexibility in demand response and expanding energy storage systems through batteries. It aims to complete the electrical interconnection with neighboring countries such as Saudi Arabia, Libya, and Sudan to strengthen Egypt's position as an energy hub.

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