The earth is experiencing an extraordinary scale of extreme weather events such as heatwaves, floods, wildfires, and pandemics. These are drivers which lead us to energy transition which will require changes in the form of production and consumption of electricity. The global energy transition is more than a simple transformation of the energy sector – it is a multi-dimension transition, and is evolving in terms of technologies, socio-economics, institutional drivers, and forms of finance.
From a long time ago, the Egyptian Electricity sector has started its transition to low-carbon electricity sources, it relies basically on exploiting renewable energy resources and contributes significantly to improving energy efficiency, securing electric supply, and reducing emissions.
Egypt has an abundance of land, sunny weather for the majority of the year, and sufficiently high wind speeds. Numerous projects related to wind energy are in place such that several “large-scale wind farms with a total capacity of about 1.62 GW were established in cooperation with Germany (KFW), Denmark (DANIDA), Spain (Siemens Gamesa), and Japan (JICA) since 2001” (USA International Trade Administration).