Why Egypt

A Strategic Hub: Egypt's pivotal location bridges Africa, Asia, and Europe, making it the ideal host for the region's leading energy trade show. The Arab Republic of Egypt is the most populous country in North Africa and the Arab region and home to one of the fastest-growing populations globally. The rapidly growing figure of residents has led to a steady increase in energy demand.

As Egypt rapidly moves towards a new era of economic growth, ensuring development of the power and energy industry for its infrastructure, industries, facilities, tourism and businesses as a critical priority for the country.

Egypt is the only country in the Middle East & North Africa region where spending on projects has grown in the past two years. Egypt has carried out national projects worth £4.5 trillion ($284 billion) over the past six years. The Egyptian government is investing heavily in large infrastructure projects, including the construction of roads, bridges and new urban cities, which are all creating a larger demand for more electricity and power solutions.

Egypt will be the seventh largest economy in the world by 2030, ahead of Russia, Japan and Germany, hitting US $8.2 trillion by 2030

Egypt’s 2030 vision agenda which was introduced in February 2016 revolves around sustainable development strategies and solutions in order to achieve a more sustainable future.

the 2035 Integrated Sustainable Energy Strategy, which builds on previous strategies, emphasizes the importance of renewable energy. Egypt is working on increasing the supply of electricity generated from renewable sources to 20% by 2022 and 42% by 2035, with wind providing 14 percent, hydropower 1.98 percent, photovoltaic (PV) 21.3 percent, wind 14 percent, concentrating solar power (CSP) 5.52 percent, and conventional energy sources 57.33 percent by 2035.

The government of Egypt invested around EGP 24 billion (around USD 1.5 billion) in the distribution grid between 2017 and 2020. It currently needs around EGP 19.5 billion (USD 1.2 billion) to upgrade its distribution networks. The government is also working on modernizing 47 distribution control centers around the country. There are 19 centers under construction.

Both the Egyptian government and the private sector are upgrading significantly the power mix and grid to meet the government of Egypt’s stated goals. Major business buyers will come from both government entities (such as the Ministry of Electriciy, the Ministry of Housing and Urban Utilities, The Ministry of Industry) and the private sector (such as the Real Estate, the Construction and Oil & Gas Sectors).

In the waste to energy (W2E) subsector, Egypt uses 4.2 million tons of municipal solid waste (MSW) for W2E. This amount will be able to generate around 300 MW over the coming 5 years.