According to a report by the International Renewable Energy Agency (IRENA) issued on Tuesday, up to 53 percent of Egypt’s total energy could derive from mix renewable energy source by 2030. The report provided a list of advantages that continued efforts to spread to the use of renewable energy could bring such as the creation of jobs and reducing the national energy bill by US $900 million annually. The report, titled ”Renewable Energy Outlook: Egypt,” was produced by IRENA in close collaboration with the country’s Ministry of Electricity and Renewable Energy as well as the Renewable Energy authority. It was released on Tuesday, on the sidelines of the country’s first conference on renewable energy. IRENA is an intergovernmental body which aims at helping countries transition to sustainable energy future while also serving as a platform for international cooperation, financial knowledge, technology, policy and resource. The Egyptian government has been following the Integrated Sustainable Energy Strategy (ISES) to 2035 in a bid to ensure continuous security and stability in the energy supply. As such, Egyptian authorities have set a target of reaching 20 percent renewable energy sustenance by 2022 and 42…
IRENA Report: Egypt Can Meet 53% of Power Demand from Renewable Sources by 2030
October 10, 2018
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