- Egypt is seeking to establish power interconnection with Europe to export electricity.
- Egypt’s electricity minister said Egypt aspires to become a regional energy hub.
Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, said Egypt is seeking to establish power interconnection with Europe to export electricity to European countries. Shaker said this during a meeting with Gordon Dickie, chairman of IM Power, to discuss ways to boost cooperation between the Egyptian energy sector and the British company, the Egyptian Ministry of Electricity and Renewable Energy.
Shaker said Egypt, which aspires to become “a regional energy hub,” is ready to cooperate with European partners to build a power linkage line with Europe. The minister welcomed cooperation with British companies in renewable energy projects, especially wind and solar energy, green hydrogen, and the localisation of related industries in Egypt.
He noted that Egypt aims to increase renewable energy contribution to the country’s total power generation to at least 42 per cent by 2030. Egypt already has electricity interconnection lines with Jordan, Sudan, and Libya and is studying similar projects with Saudi Arabia, Greece, Cyprus, and Italy.