{"id":555221,"date":"2021-11-07T03:56:44","date_gmt":"2021-11-07T03:56:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/"},"modified":"2021-11-07T03:56:44","modified_gmt":"2021-11-07T03:56:44","slug":"egypt-lays-out-2030-renewable-energy-targets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/","title":{"rendered":"Egypt lays out 2030 renewable energy targets"},"content":{"rendered":"

<\/a> The Sisi administration wants to grow renewable energy capacity to <\/strong>cover 42% of the country\u2019s electricity needs by 2030<\/strong>, Oil Minister Tarek El Molla announced at the UN\u2019s COP26 climate summit in Glasgow on Thursday, according to a ministry statement<\/a>. The new target apparently shortens the timeline for our clean energy transition by five years, after the government in 2016 announced that it was aiming to reach the 42%-mark by 2035.<\/p>\n

We currently get about 10% of our electricity from renewable sources.<\/strong> In 2018, the International Renewable Energy Agency (IRENA) said it would be technically and economically feasible<\/a> for Egypt to aim for 53% of power generation from renewable sources by 2030.<\/p>\n

The minister\u2019s comments came a day after the Environment Ministry <\/strong>launched its 2050<\/a><\/strong>climate strategy<\/a><\/strong> on the sidelines of the conference. The announcement was light on policy specifics and targets.<\/p>\n

COP is coming to Egypt in 2022: <\/strong>The next iteration of the global summit, COP27, will be held in Sharm El Sheikh<\/a> next year. President Abdel Fattah El Sisi is aiming to fast-track infrastructure work in Sharm<\/a> ahead of the gathering.<\/p>\n

IN OTHER ENERGY NEWS- Egypt, EU talk natgas exports:<\/strong> El Molla held talks with EU officials about the prospect of exporting Egyptian natural gas to Europe as part of the Eastern Mediterranean Gas Forum, the ministry said in a statement<\/a>. There is increasing talk in Europe about the need to diversify the continent\u2019s energy supplies amid an ongoing gas supply crunch and fears that Russia, which provides half of Europe\u2019s gas, is restricting shipments and driving up gas prices for political reasons.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Sisi administration wants to grow renewable energy capacity to cover 42% of the country\u2019s electricity needs by 2030, Oil Minister Tarek El Molla announced at the UN\u2019s COP26 climate summit in Glasgow on Thursday, according to a ministry statement. The new target apparently shortens the timeline for our clean energy transition by five years, […]<\/p>\n","protected":false},"author":1,"featured_media":555222,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","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":[7207],"tags":[147,393,93,72,150],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-climate-change","tag-cop26","tag-energy","tag-enterpriseam","tag-renewable-energy","wpautop","entry"],"acf":{"mongo_id":"46eb0c0b-2e62-47e0-8423-05c5359f3275","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/347.jpg","photo_position":"above","related_issue":[555213],"teaser":"","voice_url":""},"yoast_head":"\nEgypt lays out 2030 renewable energy targets - EnterpriseAM Egypt<\/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\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt lays out 2030 renewable energy targets\" \/>\n<meta property=\"og:description\" content=\"The Sisi administration wants to grow renewable energy capacity to cover 42% of the country\u2019s electricity needs by 2030, Oil Minister Tarek El Molla announced at the UN\u2019s COP26 climate summit in Glasgow on Thursday, according to a ministry statement. The new target apparently shortens the timeline for our clean energy transition by five years, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-07T03:56:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/347.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt lays out 2030 renewable energy targets\",\"datePublished\":\"2021-11-07T03:56:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\"},\"wordCount\":266,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/347.jpg?fit=%2C&ssl=1\",\"keywords\":[\"climate change\",\"COP26\",\"energy\",\"EnterpriseAM\",\"renewable energy\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/egypt-lays-out-2030-renewable-energy-targets\/\",\"name\":\"Egypt lays out 2030 renewable energy targets - 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USD 3 bn worth of renewable energy projects as Electricity Minister Mohamed Shaker visits Riyadh, Bloomberg Asharq reports, citing four people at state-owned Egyptian electricity companies.Who\u2019s involved: The minister is holding talks with ACWA Power, Al Fanar,\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/66.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576906,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/02\/acwa-unit-looks-to-build-worlds-second-largest-wind-farm-in-egypt\/","url_meta":{"origin":555221,"position":1},"title":"ACWA unit looks to build world\u2019s second-largest wind farm in Egypt","author":"enterpriseam admin","date":"2 November 2022","format":false,"excerpt":"ACWA Power could build one of the world\u2019s largest wind farms in Egypt: Saudi renewable energy developer ACWA Power will build a 10-GW wind farm in Egypt after signing an MoU with Egypt\u2019s New and Renewable Energy Authority (NREA) and the Egyptian Electricity Transmission Company (EETC) yesterday, the Saudi Energy\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/52.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590362,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/18\/acwa-power-receives-land-in-sohag-for-10-gw-mega-wind-farm\/","url_meta":{"origin":555221,"position":2},"title":"ACWA Power receives land in Sohag for 10-GW mega wind farm","author":"enterpriseam admin","date":"18 July 2023","format":false,"excerpt":"Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt looks to source 42% of power from renewables by 2030","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/706.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542729,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/13\/sfe-eyes-renewable-energy-sub-fund\/","url_meta":{"origin":555221,"position":3},"title":"SFE eyes renewable energy sub-fund","author":"enterpriseam admin","date":"13 January 2022","format":false,"excerpt":"Our friends at the Sovereign Fund of Egypt is working to launch a renewable energy sub-fund this year as part of its plan to support the green transition, AlBorsa reports, citing sources it says have knowledge of the fund\u2019s plans. The Madbouly government is reportedly planning to transfer ownership of\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/23\/egypt-hosts-first-ministerial-meeting-on-africa-renewable-energy-initiative\/","url_meta":{"origin":555221,"position":4},"title":"Egypt hosts first ministerial meeting on Africa Renewable Energy Initiative","author":"enterpriseam admin","date":"23 January 2019","format":false,"excerpt":"Egypt hosted yesterday the first ministerial meeting of the Africa Renewable Energy Initiative (AREI), which centered on exchanging expertise in sustainable and alternative energy sources, local news reported. The AREI was announced during 2015\u2019s climate change talks in Paris, and is an attempt to see more than 10 GW of\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568177,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/21\/renewables-are-back-on-the-table\/","url_meta":{"origin":555221,"position":5},"title":"Renewables are back on the table","author":"enterpriseam admin","date":"21 December 2020","format":false,"excerpt":"We have more info on the government\u2019s ambitious renewable energy plans: A few days after Electricity Minister Mohamed Shaker announced plans to authorize 2.4 GW of renewable energy projects by 2022, the local press has reported that the ministry is in talks with international players to build wind farms capable\u2026","rel":"","context":"In "RENEWABLES"","block_context":{"text":"RENEWABLES","link":"https:\/\/enterpriseam.com\/egypt\/category\/renewables\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/347.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555221"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555221\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/555222"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555221"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555221"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}