Egypt Vision 2030 was a strategy that sought to build a nation from the grassroots level up, and a critical part of realizing this vision was to realize ambitions to make a regional energy hub. To accomplish this, national production needs to be improved and production efficiency must be enhanced to appropriate levels, taking into consideration commitments to decarbonization and global competition. Improving energy efficiency is the step that needs to be taken for the nation’s objectives to be fully realized.

On the sidelines of the ongoing 27th United Nations Climate Change Conference (COP27) in Egypt, Minister of Natural Resources and Environment Tran Hong Ha had a working session on November 6 with President for COP26 Alok Sharma, who represents the United Kingdom, the European Union and the Group of Seven (G7), on the support for Vietnam in energy transition.

EDF has signed five memoranda of understanding thus confirming its strategy for developing low carbon, renewable energy in Egypt.

Egypt continues to mobilize private and foreign capital to support the country’s renewable energy sector.

A project to replace 3.89 million street lamp bulbs with energy-efficient ones is expected to save Egypt 1.5 billion Egyptian pounds, the electricity minister said on Thursday.

In recognition of the importance of saving energy, the Commercial International Bank (CIB) along with the Egyptian Ministry of Electricity and Renewable Energy launched an energy-saving initiative aims at reducing the energy consumption in the Bank’s branches, which count for more than 160 outlets across Egypt.

From the 16th to the 19th of January, twenty renewable energy and cleantech developers from across Egypt, Ghana, India, Jordan, Morocco, Saudi Arabia, Sudan, UAE and USA will showcase cutting-edge projects and conduct full business presentations at the Project Village at the World Future Energy Summit (WFES) 2012 in Abu Dhabi.

Egypt announced that it will have a fully operational nuclear power plant by the end of the decade. The country’s ministry of electricity said that they plan to be ready to go on nuclear power to support Egypt’s power needs by 2019.

The Egyptian wind energy industry is all set to contribute an additional 2,500 MW capacity to the nation. Under progress are field studies towards establishing wind farms by means of the private sector. These wind farms will be ideally located in the Gulf of Suez while slated to become operational by the year 2014.