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Info Minister: Electricity Reshaping Global Competition
The report emphasizes the importance of transforming the electric power infrastructure to support the global expansion of data centers and artificial intelligence investments. It is anticipated that data centers' electricity consumption will double by 2030, making the availability of affordable and highly reliable energy essential for attracting technological investments. The report also highlights the challenges related to funding and developing transmission networks and infrastructure, as well as the need to develop financing models and partnerships to ensure operational sustainability, reduce the risks of failure, and prevent investment waste. Furthermore, it underscores the importance of integrating energy, communications, and investment policies to support digital growth, with a specific focus on leveraging Egypt’s capabilities in electricity generation and its geographical location as a regional hub for data centers and digital services.
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