Saudi and Egypt agree electricity swap deal
Peak demand in Egypt is 3GW more than output capacity
Egyptian prime minister Kamal El-Ganzouri has reportedly announced a number of measures to tackle the country’s electricity supply shortfalls, according to The Saudi Gazette. Peak demand on the country’s grid is about 3000 MW more than the network can comfortably supply, and this shortage is driving up the costs of production. Egypt’s Electric Holding Company has previously said that the grid could lose between 12 and 15% of its capacity during the summer peak.
Amongst the measures announced, according to Minister of Energy Hassan Younis, is an electricity swap deal with Saudi Arabia, which will see both countries borrowing power from the other during hours of peak demand.
New power stations in Egypt – located at Damietta and Abu Kier in Alexandria – are planned to generate 1800 MW of electricity when operational. The government is also planning to install energy savings lamps to reduce energy consumption from incandescent bulbs.
Grid connections are a growing feature of summer plans around the region, with Jordan and Palestine recently reported to be considering energy cooperation, and Iran announcing that it was beginning electricity exports to Iraq.