The Ministry of Electricity and Renewable Energy has undertaken numerous measures as part of a comprehensive and integrated vision, practical strategy, and security plans to harness all natural and renewable energy sources, encourage private sector participation, and utilize solar and wind energy, Minister Mahmoud Esmat said Saturday 14/12/2024.
He said “We are opening a pioneering renewable energy project in Egypt, with a capacity of 500 MW in Aswan. We promise a second phase with greater capacities, which will add extra power to the grid and provide renewable energy during sunset hours, he added during the inauguration of the Abydos 1 solar power plant project in Kom Ombo, attended by Prime Minister Mostafa Madbouli.
The ministry has implemented a strategy up to 2030, aiming to integrate 42 percent renewable energy into the grid by 2030. These figures will enable us to achieve 14 GW of wind energy and 8.5 GW of solar energy, Esmat said.
Esmat hailed Abydos 1 as the first addition to the energy capacities previously available. He noted plans to incorporate nuclear energy by 2029 with a capacity of approximately 4.8 GW, aiming to achieve 22 GW of new and renewable energy by 2030, meeting the target of 42 percent renewable energy in Egypt by that year.
Our commitment to renewable energy and new projects will continue until 2040, targeting 40 GW of wind energy and approximately 25 GW of solar energy by then, totaling 65 GW of renewable energy, the minister said.
He emphasized that a renewable energy strategy has been established, ensuring grid stability through battery systems, as well as storage and discharge models.
Esmat also noted that implementation steps for this strategy have commenced in coordination with the Ministry of Petroleum to determine available fossil fuel supplies and their potential uses.
He highlighted that major investments are pumped in connecting new and renewable energy projects to the main grid and enhancing the grid’s capacity to accommodate renewable energy.
