Egypt’s electricity generation plans mean the country could end up with an enormous surplus of 74.4GW by 2035, new analysis by African Energy's consultancy team shows. An assessment of government targets suggests installed capacity may reach 160GW by the middle of the next decade, with peak demand expected at 85.6GW.
Should these targets be realised, Egypt will need to procure just over 100GW of new power over the next 15 years – of which 43% is due from renewable sources – even if old and inefficient thermal plants are shut down. Achieving this vast figure, however, is not impossible. Generation capacity has doubled over the past five years while the Egyptian power sector is viewed as an attractive destination for investment due to a relatively stable government, economy and policy direction. However, a number of underlying tensions and challenges mean that long-term investments in the country are far from being risk-free.
Egypt Power Report 2020 analyses sector planning through to 2035, questions the implications of ambitious supply targets, and outlines the market’s attractions and downsides for power developers, financiers and other industry stakeholders.
- The report will help you understand the competitive landscape and provide support for strategic planning through risk assessment.
- It will also help investors and lenders shape decision-making in the run up to what is expected to be the largest power sector privatisation on the African continent – the multi-billion dollar sale of the three giant combined cycle gas turbine plants built by Siemens totalling 14.4GW.
- Political and economic risk analysis – the challenges facing the Sisi government after his consolidation of power;
- Policy and regulation outlook – the effects of the gradual introduction of new electricity and gas laws and what’s next for the power sector;
- Demand and supply outlook – analysing sector planning through to 2035 and future scenarios – do Egypt’s ambitious capacity plans add up?
- The future of existing plants – an estimate of old and inefficient thermal power plants which could be decommissioned or mothballed;
- Exclusive power sector data – 15-year (2010-24) trends on installed capacity, broken down by fuel, technology, provinces and more – sourced from African Energy Live Data and based on actual project development pipeline;
- Profiles of key stakeholders in the sector – from leading politicians through to senior officials, the main institutions and market participants;
- Profiles of major projects and selected generation sub-sector developers and financiers.
African Energy Reports
Egypt Power Report 2019/20 is the third in a series of easy to digest studies presented by African Energy’s consultancy team. The reports provide instant market intelligence to those seeking new opportunities or for those looking to refresh their knowledge of Africa’s ever developing markets.
Data tables are based on generation project pipeline data sourced from African Energy Live Data. The pipeline (2020-2024) displays installed on-grid capacity at year-end, and only includes those generation projects which are in development and are considered to have a realistic prospect of reaching commercial operations within the announced timeframes.