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President Sisi on energy costs and renewables
President Sisi confirmed that Egypt bears the largest share of energy costs due to rising global prices and geopolitical disruptions, emphasizing the need to raise awareness among citizens about the truth to overcome these challenges. The session reviewed achievements in strengthening the electricity transmission and distribution network, restoring growth in natural gas production, and measures to mitigate the crisis's impact on the energy sector. He explained that the state faces challenges in funding energy projects, while working to increase reliance on renewable energy sources to achieve a 50% share in the energy mix by 2030. Meanwhile, it continues to confront rising costs caused by international conditions and aims to ensure sustainable supply.
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