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|| Renewable Energy Outlook: Egypt
|| International Renewable Energy Agency (IRENA)
| Published in:
|| October 2018
|| The Arab Republic of Egypt is the most populous country in North Africa and the Arab region and home to one of the fastest-growing populations globally. The rapidly swelling number of inhabitants has led to a rapid increase in energy demand, putting a strain on the country’s domestic energy resources even amid substantial recent offshore natural gas finds. As fuel shortages heightened in 2014, the country’s electricity generating capacity struggled to keep pace with rising energy demand.
Egypt’s economic development hinges on the energy sector, which represents 13.1% of overall gross domestic product (GDP). To meet burgeoning energy demand, the Egyptian government has pursued an energy diversification strategy, known as the Integrated Sustainable Energy Strategy (ISES) to 2035, to ensure the continuous security and stability of the country’s energy supply. This strategy involves stepping up the development of renewable energy and energy efficiency, in part through vigorous rehabilitation and maintenance programmes in the power sector.
Egypt is, therefore, committed to the widespread deployment of renewable energy technologies. To date, the country’s total installed capacity of renewables amounts to 3.7 gigawatts (GW), including 2.8 GW of hydropower and around 0.9 GW of solar and wind power. As specified in the ISES to 2035, the Egyptian government has set renewable energy targets of 20% of the electricity mix by 2022 and 42% by 2035.
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