Egypt's electricity sector registers steady growth, experiences surge in generation, purchases

Egypt's electricity sector continues to show promising growth, as the total generated and purchased electricity increased by 1.5 percent in January 2023 compared to December 2022, according to the monthly report from the Central Bank of Egypt.

During this period, generated electricity saw a rise of 1.4 percent, while purchased electricity from energy-producing investment projects surged by 2.7 percent.

The distribution of electricity usage, which accounts for 79.8 percent of the total generated and purchased electricity, revealed that 36 percent was consumed for household purposes, 30.1 percent for industrial purposes, 27.3 percent for other uses, 5.2 percent for commercial purposes, and 1.4 percent was sold to international interconnection countries.