{"id":77239,"date":"2023-05-04T00:07:16","date_gmt":"2023-05-04T00:07:16","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/egypt-and-norways-scatec-inch-closer-to-3-gw-interconnector-project\/"},"modified":"2023-05-04T00:07:16","modified_gmt":"2023-05-04T00:07:16","slug":"egypt-and-norways-scatec-inch-closer-to-3-gw-interconnector-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/egypt-and-norways-scatec-inch-closer-to-3-gw-interconnector-project\/","title":{"rendered":"Egypt and Norway\u2019s Scatec inch closer to 3 GW interconnector project"},"content":{"rendered":"

<\/a> Egypt agrees to move forward with Scatec interconnector project: <\/strong>Egypt\u2019s Cabinet approved yesterday the signing of an agreement with Norwegian renewables developer Scatec to conduct a feasibility study for their planned 3 GW electricity interconnector, which would enable the transport of clean energy from Egypt to Europe, according to a statement<\/a>.<\/p>\n

What we already know: <\/strong>Scatec\u2019s planned electricity link \u2014 first proposed in February<\/a> in a meeting with Egyptian Prime Minister Moustafa Madbouly \u2014 would transmit some 3 GW of renewable power generated in Egypt to Europe through Italy.<\/p>\n

Scatec are already investing in Egypt\u2019s renewables:<\/strong> The company is planning to sign a joint development agreement for a USD 5.5 bn green ammonia plant<\/a> in Ain Sokhna with Egyptian Petrochemicals Holding Company (ECHEM) and state fertilizer company Mopco and began commissioning the first phase of their 100 MW green hydrogen<\/a> plant in Egypt\u2019s Ain Sokhna with SFE, OCI-Adnoc joint venture Fertiglobe, and Orascom Construction back last November<\/a><\/p>\n

Egypt has more interconnectors with Europe in the pipeline: <\/strong>Egypt has been preparing to link its electricity grids with Greece and Cyprus through a subsea cable as part of the USD 4 bn, 2 GW EuroAfrica Interconnector<\/a> project since 2018, while two direct Egypt-Greece links \u2014 the 3 GW Greece-Egypt Interconnector (GREGY)<\/a> and the 2 GW Greece\u2013Africa Power Interconnector (GAP)<\/a> \u2014 are both being studied. Egypt and Italy are also discussing a separate 3 GW link<\/a> and could sign MoUs for the project in June. Egypt\u2019s grid is currently linked with Jordan, Palestine, Libya, and most recently Sudan, and will link up with Saudi via a 3 GW interconnection<\/a> in 2025, which will also accommodate the exchange of renewable energy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt agrees to move forward with Scatec interconnector project: Egypt\u2019s Cabinet approved yesterday the signing of an agreement with Norwegian renewables developer Scatec to conduct a feasibility study for their planned 3 GW electricity interconnector, which would enable the transport of clean energy from Egypt to Europe, according to a statement. What we already know: […]<\/p>\n","protected":false},"author":1,"featured_media":77240,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[1575,40,11,351,314,291,206,88,159,330],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-cyprus","tag-egypt","tag-enterpriseclimate","tag-europe","tag-greece","tag-italy","tag-norway","tag-renewables","tag-saudi-arabia","tag-scatec","wpautop","entry"],"acf":{"mongo_id":"9504e8dd-b6bb-4064-967f-1dec568106fe","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/1829.jpg","photo_position":"above","related_issue":[77229],"teaser":"","voice_url":""},"yoast_head":"\nEgypt and Norway\u2019s Scatec inch closer to 3 GW interconnector project - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/05\/04\/egypt-and-norways-scatec-inch-closer-to-3-gw-interconnector-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and Norway\u2019s Scatec inch closer to 3 GW interconnector project\" \/>\n<meta property=\"og:description\" content=\"Egypt agrees to move forward with Scatec interconnector project: Egypt\u2019s Cabinet approved yesterday the signing of an agreement with Norwegian renewables developer Scatec to conduct a feasibility study for their planned 3 GW electricity interconnector, which would enable the transport of clean energy from Egypt to Europe, according to a statement. 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