CAIRO – 18 May 2021: Egypt is keen on expanding its electrical linkage projects with many countries as part of a strategy to become a global energy hub. Below are statements made by Minister of Electricity Mohamed Shaker in a Monday interview.
1 – Power linkage with Saudi Arabia and Libya are at the forefront of such projects with plans to increase the capacity of the 240 MW Egyptian-Libyan power grid to 2,000-3,000 MW.
2 – In the meantime, Egypt has embarked on increasing the Egyptian-Libyan power grid capacity to 500 MW to deliver electrical power to Tripoli in the best quality and service.
3 – Egypt can establish power linkage lines with African, European and Gulf countries of up to 15,000 MW with 46,000 MW available on the grid on daily basis.
4 – Egypt is close to reaching the global reserve rate at 25% of the total generated energy. Today, Egypt has a daily reserve of 15,000 MW, allowing it to expand electrical interconnection with many countries to take advantage of the ever-increasing power reserves.
5 – An international consultant has been hired to study the financial and technical aspects of the power linkage project between Egypt and Cyprus at a capacity of 2,000-3,000 MW.
6 – The project with Cyprus would allow power linkage with all of Europe, turning Egypt into a main energy hub globally. The prospect is given great attention by the two countries and is expected to be witness leaps to materialize in a relatively short time.
7 – Egypt also eyes power linkages southwards to take advantage of the huge potential of hydropower capacities in Africa, and such projects will contain the massive energy that would be generated.
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