Egyptian electricity and petroleum ministers review summer energy demand preparations

Mahmoud Esmat, Egypt's Minister of Electricity and Renewable Energy, and Karim Badawi, Minister of Petroleum and Mineral Resources, met on Wednesday to assess the action plan for handling the anticipated rise in summer energy demand, amid increasing consumption and loads.

The meeting, attended by Gaber Desouky, Chairperson of the Egyptian Electricity Holding Company; Mahmoud Abdel Hamid, Managing Director of the Egyptian Natural Gas Holding Company (EGAS); Mohamed Marzouk, Chairperson of GASCO; and several senior officials from both ministries, took place within the framework of Egypt's national energy strategy. Discussions aimed to ensure electricity availability with quality, stability, and continuity across all voltage levels and uses, highlighting the close partnership between the two ministries to secure fuel for power generation plants, drawing on last summer's successes and lessons learned.

The ministers reviewed work plans, scenarios, and alternative options in the electricity and petroleum sectors to guarantee fuel supplies and the stability of electricity generation. They examined preparations for potential variables, aligning with objectives to maintain the unified national grid during peak periods. The session addressed indicators of rising energy demand compared to last year's record-high peak loads, the highest in the national grid's history. Joint committees continue monitoring future demand to secure fuel for power plants, in line with Egypt's industrial, agricultural, and urban development plans.

Efforts in the electricity sector included adjusting power plant operations, increasing fuel efficiency per unit, reducing reliance on conventional fuels, improving performance, and adding 2,000 MW of renewable energy capacity before last summer, as part of expanding renewables in the energy mix.

Esmat stated: "In the electricity sector, we have changed the operating patterns of power plants, applied quality and economic operation standards, and succeeded in reducing fuel consumption per kilowatt-hour to less than 170 grams." He added that new renewable capacities totaling 2,500 MW will connect to the grid starting next week, ahead of next summer. He emphasized implementing the national energy strategy, diversifying generation sources, expanding renewables, and using energy storage technologies to bolster grid stability.

Badawi reaffirmed integrated coordination and pre-emptive planning to meet natural gas and petroleum needs for power plants in 2026. He noted multiple scenarios developed to handle consumption changes, based on diversifying supplies and ensuring flexibility to respond to developments, building on last summer's round-the-clock efforts during Egypt's highest electricity loads ever.

Relaterede artikler

Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a meeting with the ministry's crisis management committee to review operational plans safeguarding the unified power grid and ensuring electricity supply continuity, amid ongoing regional military escalation.

Rapporteret af AI

Egypt's Prime Minister Mostafa Madbouly stated that the country is prioritizing the rationalization of petroleum and electricity consumption while securing funds for energy imports to maintain national stability amid ongoing regional conflicts. Madbouly chaired a meeting with the ministers of electricity, finance, and petroleum to review measures for managing energy demand.

Prime Minister Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts for a sufficient and stable strategic stock of petroleum products. Discussions centered on ensuring adequate financial allocations to meet market demand and maintain stability.

Rapporteret af AI

In the latest Central Crisis Management Committee meeting amid the ongoing US-Israeli-Iranian military crisis, Egypt has lifted the 11 p.m. mandatory closing time for shops, commercial centers, and restaurants, while launching a solar energy incentive program for homes and factories. This follows March's austerity measures and wage hikes. Cabinet spokesman Mohamed El-Homosany confirmed the approvals.

Building on his January push at Riyadh's International Mining Conference, Egypt's Petroleum and Mineral Resources Minister Karim Badawi announced plans to lift the mining sector's GDP contribution to 6% from under 1%, including a comprehensive aerial geophysical survey starting in June—the first since 1984. The remarks came at the OECD Critical Minerals Forum in Istanbul.

Rapporteret af AI

Egypt is embedding environmental considerations into its local development framework to boost resource efficiency and sustainable development across governorates, Minister of Local Development and Environment Manal Awad said. She chaired an expanded meeting with senior officials to review key policy areas.

Dette websted bruger cookies

Vi bruger cookies til analyse for at forbedre vores side. Læs vores privatlivspolitik for mere information.
Afvis