Latest energy storage policy in cairo

How can Egypt store electricity?

Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.

Can batteries solve Egypt's Electricity oversupply problem?

Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to suffer from a major oversupply of electricity, the country is in need of new ways to tackle the issue.

What is Egypt's target share for renewables by 2040?

Shortly afterwards, however, Egypt's petroleum ministry said the target share for renewables was 40% by 2040, with the country maintaining a major reliance on natural gas.

How did Egypt achieve natural gas self-sufficiency in 2019?

In 2019, thanks to production from its large offshore natural gas deposits, Egypt achieved natural gas self-sufficiency and became a net energy exporter in the form of LNG. The anticipation of natural gas self-sufficiency spurred Cairo's concurrent advances in developing renewable energy resources.

Why is Egypt expanding its power sector?

The installed capacity of the Egyptian power sector has been rapidly expanding during the last three years to overcome the shortage of electricity supply experienced in 2014.

How can Egypt prepare the world for future systemic shocks?

Egypt and the EU recognise the full implementation of the 2030 Agenda for Sustainable Development and the Paris Agreement as fundamental pillars to prepare the world for future systemic shocks.