The electricity generation in Egypt increased steadily from 165.06 TWh in 2013 to 209.66 TWh in 2021, driven by various expansions in power infrastructure and growing energy demand. However, there was a noticeable decline in 2022 to 200.84 TWh, followed by a slight recovery to 204.78 TWh in 2023. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was relatively low at 0.53%, indicating a slow growth trend in recent times.
Year-on-year variations showed significant fluctuations over the period, with years like 2021 experiencing a high of 5.56% and 2022 facing a -4.2% decline. Notably, the forecast from 2024 to 2028 indicates a very minimal growth with a projected CAGR of 0.02%, reflecting a stabilizing trend in electricity generation volumes.
Future trends to watch for include potential government policies promoting renewable energy, advancements in energy storage solutions, and population growth which could all significantly impact electricity generation and demand in Egypt.