{"id":630349,"date":"2018-04-18T04:14:41","date_gmt":"2018-04-18T04:14:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egypt-on-track-to-keep-pace-with-rising-electricity-demand-through-2022-apicorp\/"},"modified":"2018-04-18T04:14:41","modified_gmt":"2018-04-18T04:14:41","slug":"egypt-on-track-to-keep-pace-with-rising-electricity-demand-through-2022-apicorp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/18\/egypt-on-track-to-keep-pace-with-rising-electricity-demand-through-2022-apicorp\/","title":{"rendered":"Egypt on track to keep pace with rising electricity demand through 2022 - Apicorp"},"content":{"rendered":"

<\/a> Speaking of which, Egypt is on track to keep pace with rising electricity demand through 2022<\/strong> thanks to 25 GW of capacity already being executed and ready for commissioning, according to a report by Arab Petroleum Investments Corporation (Apicorp). The report cites the Siemens power plants as being a major contributor to this. Apicorp says that the country will need to spend USD 28 bn in power generation and a further USD 18 bn in transmission and development by 2022 to keep up with demand. This would increase capacity 22 GW to 60 GW.<\/p>\n

As for MENA<\/strong>, the region will need to spend USD 260 bn on power in the coming five years to cope with rising demand driven by population growth, urbanization and growing income levels. You can read the full report here (pdf)<\/strong><\/a>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Speaking of which, Egypt is on track to keep pace with rising electricity demand through 2022 thanks to 25 GW of capacity already being executed and ready for commissioning, according to a report by Arab Petroleum Investments Corporation (Apicorp). The report cites the Siemens power plants as being a major contributor to this. Apicorp says […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630349","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"68ad5703-df87-46d5-8564-aeb3ff3ef84c","order":"0","is_powered_by":true,"section_story_id":"89b1530f-7777-463d-9a2e-1414ff12f035","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630331],"teaser":"","voice_url":""},"yoast_head":"\nEgypt on track to keep pace with rising electricity demand through 2022 - Apicorp - 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\/2018\/04\/18\/egypt-on-track-to-keep-pace-with-rising-electricity-demand-through-2022-apicorp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt on track to keep pace with rising electricity demand through 2022 - Apicorp\" \/>\n<meta property=\"og:description\" content=\"Speaking of which, Egypt is on track to keep pace with rising electricity demand through 2022 thanks to 25 GW of capacity already being executed and ready for commissioning, according to a report by Arab Petroleum Investments Corporation (Apicorp). 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The lender will also bump up\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599833,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/apicorp-to-invest-usd-1-bn-in-five-countries-including-egypt-in-2019\/","url_meta":{"origin":630349,"position":2},"title":"Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"INVESTMENT WATCH- Apicorp to invest USD 1 bn in five countries, including Egypt, in 2019: Egypt is one of five countries in which the Arab Petroleum Investments Corporation (Apicorp) plans to invest a total of USD 1 bn this year, CEO Ahmed Ali Attiga said, according to Bloomberg. 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The Infra Initiative will finance renewable\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/172.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571129,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/30\/apicorp-to-support-member-countries-with-usd-500-mn-covid-19-recovery-funding\/","url_meta":{"origin":630349,"position":4},"title":"Apicorp to support member countries with USD 500 mn \u2018covid-19 recovery\u2019 funding","author":"enterpriseam admin","date":"30 April 2020","format":false,"excerpt":"Egyptian companies will be among the beneficiaries of USD 500 mn in covid-19 recovery funding from Apicorp: The Arab Petroleum Investments Corporation (Apicorp) has announced a USD 500 mn funding package to help its clients in the energy sector cover shortfalls caused by the covid-19 pandemic and the collapse in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570811,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/earnings-watch-apicorp-profits-rise-17-in-2019\/","url_meta":{"origin":630349,"position":5},"title":"Earnings watch: Apicorp profits rise 17% in 2019","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"EARNINGS WATCH- Apicorp net profits rise 17% in 2019: Multilateral development bank Arab Petroleum Investments Corporation\u2019s (Apicorp) annual profits rose 17% in 2019 to USD 112 mn, it said in a statement (pdf). 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