Egypt flag
Egypt

New National Renewable Energy Strategy

legislation type Executive
Strategy
Passed in 2008
Establishes a target of generating 20% of electricity from renewable sources by 2020, 12% of which (or 7,200MW) will be generated by wind farms.

Outlines two methods of achieving these ambitious targets: (1) 1/3 of the installed capacity, or 2,400MW, will be publicly funded and implemented by the New and Renewable Energy Authority, and (2) 2/3 of the installed capacity, or 4,800MW, will be achieved through private investments facilitated by government incentives.

Incentives for private investment outlined in this strategy include: long-term PPAs of 20-25 years; a feed-in tariff system; the establishment of a renewable energy fund to provide subsidies to make renewables more cost competitive; and the pre-allocation of 7600 square km of land for renewable projects.

  • Generate 20% of the country's electricity from renewable sources by 2020
    Energy | Fixed level target | Target year: 2020 | Base year: 2014
from the Grantham Research Institute
from the Grantham Research Institute
Publication banner
Climate Change Laws of the World uses cookies to make the site simpler. Find out more about cookies >>