Egypt’s Ambitious $30 Billion Plan To Integrate 126,000 MW Of Renewable Energy

Dr. Mohamed Shaker, the Egyptian Minister of Electricity and Renewable Energy, has affirmed that the investment required for integrating the anticipated new and renewable energy capacities of 126,000 megawatts is estimated at $30 billion. He emphasized that this plan encompasses implementation at a voltage of 1000 kilowatts.

An international consultant from Belgium has been engaged to conduct a comprehensive study on the costs associated with reinforcing and expanding Egypt’s electricity transmission network. This upgrade is intended to accommodate the capacities of upcoming renewable energy projects. The goal is to utilize these capabilities for green hydrogen production and electrical connection projects.

The study is expected to be finalized within the next several months and is primarily aimed at determining the necessary enhancements to the electricity transmission network. This will enable it to support approximately 126,000 megawatts of renewable energy in the forthcoming years.