The new report by the International Renewable Energy Agency (IRENA), Egypt Renewable Energy Outlook, published earlier this week at a high-level conference in Cairo, Egypt, in the presence of Egyptian government officials and regional decision-makers, also shows that renewable energy could supply up to a quarter of Egypt’s total final energy supply by 2030 (‘energy’ here being separate from ‘electricity’).
This analysis offers the Egyptian energy sector a roadmap, building on current ambitions and plans, to enhance our position as an energy hub connecting Europe, Asia and Africa,” said H.E. Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy. “Job creation, economic development and the growth of local manufacturing capabilities are at the heart of our renewables programme, and with the support of IRENA we can pursue our plans to grow the country’s installed capacity base through smart policies, and the latest renewable technologies.”
The report shows how Egypt could generate up to 53% of its electricity mix from renewable energy sources by 2030, double that which can be expected from current plans and policies. When incorporating renewable power, heat, and fuels, the analysis shows that Egypt could source 22% of its total final energy supply from renewable energy by 2030, up from only 5% in 2014.