Feed-in tariff mechanism

It is a mechanism to encourage electricity generation from renewable resources. Egyptian Electricity Transmission Company, EETC, and Distributed Electricity Companies shall buy the generated electricity from the producers in a preannounced price. Such scheme shall attract investment through long term power purchase agreements which will be 20 years for wind energy and 25 years for solar energy. Power Purchase Agreement shall differ according to the applied technology, the capacity and site of the plant. In accordance with that, transmission and distribution companies shall buy the generated electricity from both wind and solar in fixed prices. Hence the state shall not bear the subsides of electricity generated from renewable resources, instead the consumer shall pay such amount.

 

 Companies that have signed a Memorandum of Understanding.

 

 
 

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