1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy Market Trends

Solar Power Outlook in Egypt

  • October 2015
  • 8 pages
  • GlobalData
Report ID: 3411227

Summary

Table of Contents

Search Inside

Solar Power Outlook in Egypt

Summary

Egypt’s energy crisis can be traced back to 2006–2007, when it became a net energy importer for the first time by importing oil. The government then resorted to energy subsidies to keep power tariffs economical, and until 2010 was able to maintain a balance by extracting natural gas from its huge gas deposits. However, the political unrest that began in 2011 endangered this when foreign extraction companies, which were no longer being compensated, ceased operations. In addition, it is now suggested that Egypt’s natural gas deposits may not be economically extractable for much longer.

Furthermore, generation shortages from conventional sources, combined with its dilapidated transmission and distribution grid, have caused sustained electricity outages. More than 90% of its generation capacity is derived from thermal sources, with gas alone accounting for 86.3% of total installed capacity in 2014, hydropower for 8.8%, oil-based capacity for 3.1%, and wind and solar together for only 1.8%.

The need to introduce renewable sources of energy can be gauged from the fact that although a previous government’s attempt to remove energy subsidies led to widespread riots, the present government nevertheless announced its intention in 2014 to do the same, albeit gradually. These subsidies have been identified as being the most significant obstacle to the sector’s development. Phasing out the subsidies therefore appears to be the only way to end the crisis and make the system more competitive and environment-friendly.

In September 2014, the government announced the introduction of Feed-in Tariffs (FiT) for wind and solar power, the absence of which had previously impeded the expansion of renewable power capacity. The target was to reach a new installed target of 4.3 Gigawatts (GW) by 2017, of which more than half at 2.3 GW will come from solar power.

Scope

- The report includes solar power feed-in tariffs, solar power capacity and generation, active and upcoming projects and tenders in the solar energy sector.

Reasons to buy

- The report gives an update on the country's solar energy sector.
- Helps in understanding the growth trajectory of solar power in the country
- Gain insights into the country's solar feed-in tariffs, active and upcoming solar power projects.
- Identify major tenders in the solar energy sector.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Concentrating Solar Power Market by Technology, Components, End-User, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021” The concentrating solar power market is projected to reach USD 10.96 billion by 2021, growing at a ...

Global Smart Solar Power Market Analysis 2016 - Forecast to 2022

  • $ 4550
  • Industry report
  • February 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...

Opportunity in Solar Power - PV, CSP Technologies in global market - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.