Egypt new risks and new opportunities
Thu 20 May 2021 12:00 PM - 12:45 PM BST
Online, Zoom
Description
The past six years of procurement means Egypt’s power sector has a huge built-in reserve margin. Local industry participants worry that recent solar PPAs have almost been too cheap – to the extent that they threaten the competitiveness of existing state-owned (and subsidised) gas-fired plants. However, the government has not forgotten the 2012 blackouts, and expects that demand from the growing population and economy will soak up excess supply in a few years. To mark the launch of African Energy's Egypt Power Report 2021 authors will discuss some of the risks, realities, opportunities and threats associated with entering Egypt's electricity industry. Topics include:
- Does Egypt have too much power?
- What are the prospects of further renewables IPPs going ahead in the near future?
- The natural gas sector’s uncertain dynamics.
- The potential for regional exports.
- The need for mass desalination capacity to offset expected disruption of water supplies from the River Nile.
- The expected introduction of regulatory reform to allow wheeling throughout the network
- The government’s commitment to energy transition and decarbonisation
Panellists include: John Hamilton, Managing Director and Jon Marks, Chairman