Egypt has an opportunity to move forward and improve the security of its electricity supply by continuing its significant investments in renewable energy. Almost 40 years later, as of 2024, the nation’s population has topped 107.8 million—more than doubling. This rapid development has created an ever-increasing appetite for electricity from the residential, industrial, and commercial sectors. The government’s strategy focuses on harnessing the country’s substantial renewable resources, particularly solar and wind energy, to meet this growing need.
As urbanization accelerates, especially with the increase of new housing developments and smart cities including the New Administrative Capital. Egypt is in urgent need of large scale electricity infrastructure to provide for its booming population. At the same time, the country’s electricity consumption is expected to triple over the next three decades, requiring bold new steps to guarantee a reliable energy future.
Vast Renewable Resources
Egypt has significant wind energy resources, particularly in the Gulf of Suez region. This area has consistently high wind speeds, which average 8 to 10 meters per second at 100 meters high. Taken together, these favorable meteorological conditions give the Great Plains an enormous advantage as a potential site for producing wind energy. In addition to utilizing its wind resources, Egypt enjoys plenty of year-round solar radiation. The country benefits from 2,800 to 3,200 hours of sun per year. Daily sunshine averages 9-11 hours across the nation, offering an excellent starting point for solar power projects.
The government is aware of these natural advantages and is clearly focused on luring large-scale solar and wind energy projects. By harnessing these renewable resources, Egypt seeks to broaden its energy landscape and lessen its dependence on traditional fossil fuels.
Ambitious Growth Projections
As the world moves forward, so too will Egypt’s renewable power capacity, projected to soar to an incredible 31.6 gigawatts (GW) by 2035. This expansion corresponds to a compound annual growth rate (CAGR) of 20.4% over 2024-2035. Egypt’s annual renewable electricity production is about to increase dramatically. It is projected to increase at an astonishing compound annual growth rate (CAGR) of 19.4%, to nearly 88.9 terawatt-hours (TWh) by 2035.
The Egyptian government has plans to increase the share of renewable energy in its electricity mix to 42% by 2035. Such an ambitious target is indicative of our serious commitment to sustainable energy practices. It underscores the renewed importance renewable resources have in leading the way toward national development.
Infrastructure Development
To support these locations as they transition to a greener future, Egypt needs to build an extensive electricity network to power city-building initiatives. The $1T expansion then cranks up generating capacity. It further strengthens our regional and national transmission and distribution networks, helping us deliver clean, affordable, reliable electricity to Americans wherever they may be.
For Egypt, investing in renewable energy projects is a key priority. This strategy lays the groundwork for the country’s long-term vision of sustainable development and addresses the urgent issues presented by rapid population growth and urbanization.
