Forecast: Share of Renewable Electricity Generation in Egypt

The share of renewable electricity generation in Egypt has seen a consistent decline from 8.88% in 2013 to 5.11% in 2023. From 2024 onwards, forecasts predict this trend will continue, decreasing to 3.2% by 2028. Year-on-year variations over the last two years show declining rates of -6.39% in 2022 and -6.69% in 2023. The compounded annual growth rate (CAGR) over the past five years is -6.15%, indicating a steady reduction.

Future trends to watch for include potential shifts in government policies towards renewable energy, technological advancements, and international agreements that may influence Egypt's energy strategy. Major investments in solar, wind, or other renewable energies could alter the current trajectory.