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Egypt advances Arab Electricity Market efforts
Egypt is working to activate the Arab Common Electricity Market, with the aim of enhancing Arab electrical connectivity and facilitating commercial exchange in the energy sector among Arab countries. A general agreement and the Arab Market Agreement were signed during a conference in December 2024, laying the foundation for advancing the shared market. Follow-up meetings were held to monitor the implementation of these agreements, and tangible steps have been taken through a pilot project involving Jordan, Saudi Arabia, and Egypt, which is set to be financed by the Arab Development Fund. The project's goal is to move from establishing institutional frameworks to implementing practical projects that support Arab integration in electricity and renewable energy. Additionally, the internal regulations of the Ministerial Council have been amended, and events organized to promote energy efficiency and develop an Arab database for sustainable energy, all in an effort to enhance cooperation, achieve sustainable development, and ensure energy security in the region.
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