Latest in Tag: energy Highlight
Latest in Tag: energy
West’s cap on Russian oil risks exacerbating Europe’s energy woes
Whether the move will prove effective largely depends on market response, observers have noted. However, with opposition from Russia, the price cap could trigger growing instability in the market, slowing oil production and even further exacerbating Europe’s pain inflicted by the energy crisis and soaring inflation, they said.
Egypt moves towards clean energy transformation, building on its 2014 structural reforms: Al-Mashat
Egypt organizes exceptional, different version of climate conference: African Union Infrastructure Commissioner
Egypt’s FM calls for fair financing, move towards clean energy
According to a statement by the ministry, in a speech, Shoukry highlighted how Africa is the most affected by the consequences of climate change and the challenges it faces in that regard despite being the least contributor to the causes that led to the current global climate challenges.
Britain’s new PM prioritizes economy, energy, health service
“I am confident that together we can ride out the storm. We can rebuild our economy,” Truss said in her first address to the nation as prime minister, outside 10 Downing Street.
COP27 to prioritise food, water, and energy: Egypt’s High-Level Climate Champion
It is necessary to use new technologies to achieve food security and provide water and energy access to all humans: Egypt’s High-Level Climate Champion
Could Egypt make use of its energy surplus?
Egypt participates in an initiative for power interconnection between Arab countries, in an attempt to create a pan-Arab electricity market. Egypt is highly represented in the project, whether in the Executive Office (head of the office), and the Committee of Electricity Experts in Arab Countries (head of the committee), in addition to a specialized team from the Electricity Holding Company.
Egypt, Austria discuss rising global energy, food prices
The two ministers held a session of bilateral talks to discuss ways to enhance cooperation between Egypt and Austria, especially in the political, economic, and investment fields, as well as international and regional issues of common concern.
Russia innocent of high energy, food prices, the West is responsible: Russian ambassador in Cairo
‘We are ready for any Western escalation, but they will not bear the consequences,” says Borisenko
Egyptian Electricity Transmission Company aims to increase purchased energy by 33% in upcoming FY
This is compared to the 157.7bn kWh purchased in the current FY.
Addressing food, energy and poverty crises should be done parallel to solving climate change: Mahmoud Mohieldin
107 developing countries, home to 1.7 billion people, are severely exposed to at least one of three global transmission channels of crisis which are food, energy, and finance: Mohieldin
European countries turn back to coal as sanctions on Russian energy backfire
Germany, Austria, Poland, the Netherlands and Greece are among the first European nations to reopen coal power plants or take measures to support coal power, underlining the importance of energy supply security in the upcoming winter.
Egypt studies establishment of small nuclear reactors to produce energy
The NPPA conducts other studies, including the establishment of other nuclear power plants in the Nujaila area, other than the Dabaa plant, which is currently under development, a senior official in the NPPA told Daily News Egypt.
Siemens to introduce roadmap for emerging energy technologies in Egypt this year
Plan includes underground energy projects, electric cars
Energy sector awaits new stimulus package before Sharm El Sheikh’s climate summit
Wael Al-Nashar, Chairperson of Onera Systems, believes that the government should issue additional incentives to companies working in the field of installing solar systems so that they can continue their business.
ABD establishes two factories to convert waste into energy to produce 123 MW/hr
During a press tour of the factory, which Daily News Egypt was able to attend, Hillel said that 2,800 tonnes of waste per day will be converted to produce 123 MW/hr.
Egyptian, Greek FMs emphasise importance of cooperation in energy, EMGF
The meeting comes within the framework of the strategic relations between the two countries to build on their continuous communication at all levels in order to advance cooperation in various fields, said Ahmed Hafez — the Official Spokesperson of the Ministry of Foreign Affairs.
US bans Russian energy imports, Ukrainians flee cities under fire
On the ground in Ukraine, the Kyiv government accused Russian forces of shelling a humanitarian corridor that Moscow had promised to open to let residents flee the besieged port of Mariupol.
Egypt, South Korea explore cooperation in energy, transportation, and education
During his visit, Ambassador Hong met with the Governor of Aswan, Ashraf Attia Abdel Bari, to discuss ways of cooperation in the fields of energy, transportation, education, and culture. He also visited the Benban solar complex and Aswan High Dam.
Egypt, Greece, Cyprus strengthen energy cooperation
Al-Sisi says tripartite electrical agreement, preliminary step towards connecting with rest of Europe
Japan offers $240m loan to support energy reform, combat COVID-19 in Egypt
New loan, largest since October 2016, also aims to reduce Egypt’s fiscal gap
Egypt can make sizable decarbonisation by retiring expired energy assets over 5-10 years: GE Gas Power’s Khalidi
Over 80% of country’s power generated by traditional fossil fuels, including up to half from gas
Al-Sisi asserts Egypt’s keenness to attract FDI for renewable energy
Discussions with Belgian companies underway on cooperation to produce green hydrogen for power generation
Al-Sisi, Rosatom chief review implementation progress of Dabaa nuclear plant
The Dabaa nuclear power plant is being built in Egypt’s North Coast in cooperation with Russian energy giant Rosatom, with 4.8GW capactiy
Egypt’s Environment, Social Solidarity Ministers inaugurate 60 biogas units in Minya
Each biogas unit produces equivalent of two household LPG cylinders per month
Siemens, Hassan Allam Construction to build National Energy Control Center
EETC, Siemens, and Hassan Allam Construction signed the contract, valued at EGP 838m on 8 December. The project is expected to be completed by end-2022.
Efficient energy management essential for sustainable development: El-Said
Egypt’s energy sector, however, faces many basic challenges that require reducing the country’s dependence on fossil fuels in energy production.
Egypt President, Greece Energy Minister explore cooperation opportunities
Al-Sisi discussed with Hatzidakis bolstering bilateral cooperation in the energy field, in light of the Egyptian efforts to develop the sector, internally and regionally.
Egypt is hub for international energy interconnections, corridors: Electricity Minister
Egypt’s first nuclear reactor is expected to be connected to national grid by 2026 end or early 2027, says Minister Mohamed Shaker
Siemens opens new energy services center, training academy in Egypt
The premises also encompasses the Egyptian German Technical Academy (EGT Academy) as state-of-the-art training hub for the vocational training in the region. Specifically, the Academy represents a strategic alliance between Siemens and the Deutsche GesellschaftfürInternationaleZusammenarbeit (GIZ)-on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).
Egypt, Jordan, and Iraq discuss tripartite cooperation on energy, reconstruction
The ministers also addressed political issues, agreeing on putting a halt to any foreign interference and supporting the Arab region’s stability. Shoukry added that Egypt, Iraq, and Jordan have a common vision for preserving Arab national security, in addition to addressing the common challenges in the region.