22 Hrs
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Source: بوابة الشروق
22 Hrsبوابة الشروق
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Former CEO of the Egyptian Natural Gas Holding Company (EGAS), Mohamed Shoaib, called for merging the ministries of petroleum and electricity into a single ministry, saying energy sources are interconnected and that such a move would improve coordination between fuel production and the efficiency of power plants. He proposed allocating 25% of Egypt’s energy mix to coal, noting that coal accounts for about 33% of the global electricity generation mix and costs less than some other energy sources. He also called for expanding renewable energy by attracting private-sector investment and adopting a model under which investors cover the costs of projects.
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