Egypt's renewable energy to reach 6.6 GW by year-end
CAIRO -
Egypt is planning to expand into renewable energy projects in a bid to increase its contribution to the energy mix, the country’s minister of electricity and renewable energy Mohamed Shaker said.
Renewable power is expected to add 6.6 gigawatts (GW) by the end of 2020, with plans to reach 8,200 megawatts (MW) after the completion of the renewable energy projects currently under consideration, Shaker added in a statement on Tuesday.
This came during the minister’s video-conference meeting with the British ambassador to Egypt Geoffrey Adams to explore the potential means for cooperation between the two countries in the electricity sector.
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France and Germany arm wrestle over EU electricity reform
PARIS - Despite record temperatures this October, Europe is slowly shifting towards winter - its second since the Ukraine war started and prompted Russia to cut gas supplies to the continent.
After prices surged last winter, when gas and electricity bills “nearly doubled in all EU capitals”, the EU decided to take action.
In March, the European Commission proposed a reform “to boost renewables, better protect consumers and enhance industrial competitiveness”.
However, France and Germany are struggling to find a compromise and the clock is ticking as European energy ministers prepare to meet on 17 October in Luxembourg.
The controversy around CFDs
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