• 25 mins DOE Seeks To Boost Usage Of Carbon Capture Tech
  • 1 hour Taxpayers Likely To Pick Up The Growing Tab For DAPL Protests
  • 4 hours WTI At 7-Month High On Supply Optimism, Kurdistan Referendum
  • 10 hours Permian Still Holds 60-70 Billion Barrels Of Recoverable Oil
  • 15 hours Petrobras Creditors Agree To $6.22 Billion Debt Swap
  • 19 hours Cracks Emerge In OPEC-Russia Oil Output Cut Pact
  • 23 hours Iran Calls On OPEC To Sway Libya, Nigeria To Join Cut
  • 1 day Chevron To Invest $4B In Permian Production
  • 1 day U.S.-Backed Forces Retake Syrian Conoco Gas Plant From ISIS
  • 1 day Iraq Says Shell May Not Quit Majnoon Oilfield
  • 4 days Nigerian Oil Output Below 1.8 Million BPD Quota
  • 4 days Colorado Landfills Contain Radioactive Substances From Oil Sector
  • 4 days Phillips 66 Partners To Buy Phillips 66 Assets In $2.4B Deal
  • 4 days Japan Court Slams Tepco With Fukushima Damages Bill
  • 4 days Oil Spills From Pipeline After Syria Army Retakes Oil Field From ISIS
  • 4 days Total Joins Chevron In Gulf Of Mexico Development
  • 4 days Goldman Chief Urges Riyadh To Get Vision 2030 Going
  • 4 days OPEC Talks End Without Recommendation On Output Cut Extension
  • 4 days Jamaican Refinery Expansion Stalls Due To Venezuela’s Financial Woes
  • 5 days India In Talks to Acquire 20 Percent Of UAE Oilfield
  • 5 days The Real Cause Of Peak Gasoline Demand
  • 5 days Hundreds Of Vertical Oil Wells Damaged By Horizontal Fracking
  • 5 days Oil Exempt In Fresh Sanctions On North Korea
  • 5 days Sudan, South Sudan Sign Deal To Boost Oil Output
  • 5 days Peruvian Villagers Shut Down 50 Oil Wells In Protest
  • 5 days Bay Area Sues Big Oil For Billions
  • 5 days Lukoil Looks To Sell Italian Refinery As Crimea Sanctions Intensify
  • 6 days Kurdistan’s Biggest Source Of Oil Funds
  • 6 days Oil Prices On Track For Largest Q3 Gain Since 2004
  • 6 days Reliance Plans To Boost Capacity Of World’s Biggest Oil Refinery
  • 6 days Saudi Aramco May Unveil Financials In Early 2018
  • 6 days Has The EIA Been Overestimating Oil Production?
  • 6 days Taiwan Cuts Off Fossil Fuels To North Korea
  • 6 days Clash In Oil-Rich South Sudan Region Kills At Least 25
  • 6 days Lebanon Passes Oil Taxation Law Ahead Of First Licensing Auction
  • 7 days India’s Oil Majors To Lift Borrowing To Cover Dividends, Capex
  • 7 days Gulf Keystone Plans Further Oil Output Increase In Kurdistan
  • 7 days Venezuela’s Crisis Deepens As Hurricane Approaches
  • 7 days Tension Rises In Oil-Rich Kurdistan
  • 7 days Petrobras To Issue $2B New Bonds, Exchange Shorter-Term Debt
Alt Text

The Two Nations Leading The Wind Power Race

UK and China have joined…

Alt Text

Tesla’s New Frontier: Batteries And Wind

Electric car builder Tesla and…

Alt Text

Why Tesla Is Interested In Offshore Wind

Interest in offshore wind is…

Sunny Egypt Interested in... Wind Power

Egypt currently has a total electricity capacity of about 23,500 megawatts, which the government hopes to increase to 58,000 megawatts by 2027.

A prime potential element in increasing this electrical output?

Renewables.

One might think, given Egypt’s climate, solar?

Wrong again – wind power, which currently contributes less than 1 percent to Egypt’s energy mix.

In 2003 Egypt had its wind potential assessed and published a wind atlas, which found that with wind speeds of 7-10 meters per second, almost the entire nation was ideal for wind power installations, with the country’s best areas being along the Gulf of Suez coast. Two years later the atlas’s coverage was expanded to mapping the country’s wind potential in detail and determined that large desert regions both to the east and the west of the Nile River, as well as parts of Sinai, have average annual wind speeds of 7-8 meters per second.

Three years ago, the government of former President Hosni Mubarak approved a progressive and ambitious project by 2020 to produce 20 percent of its energy from renewables, with 12 percent being generated by wind power. Mubarak’s cabinet approved incentives for wind power development, including exemption from customs duties and 20 to 25 year power purchase agreements with government guarantees, a policy that the country’s new transitional government has endorsed.

According to the World Bank, if the policy comes to fruition, then Egypt will realize a 7,200 megawatt wind power capacity, cut vehicle emissions through improved public transportation, and make industry more energy efficient.

Jonathan Walters, transport and energy manager for the World Bank’s Middle East and North Africa regions, said that “high and persistent” winds in the Gulf of Suez suggest Egypt has “excellent potential for wind power – among the best in the world.”

The European Union’s Clean Development Mechanism (CDM), which permits businesses and governments in industrialized nations to reduce their greenhouse gas emissions by investing in emission reduction projects in developing countries have already become involved in developing Egypt’s nascent wind power industry.

CDM members Denmark, Spain and Germany collaborated on building Egypt’s first wind farm, the 545 megawatt Zafarana wind facility, located 80 miles south of Suez on the Red Sea coast, which came online last year.

The Zafarana wind farm began construction in 2001. In 2010 120 megawatts of wind capacity were added to Zafarana in cooperation with the Danish International Development Agency (DANIDA), taking the facility’s total installed capacity to 545 megawatts, allowing it last year to generate 1,147 gigawatt hours of electricity.

The European Investment Bank (EIB) is also involved in securing financing for Egyptian wind power projects.

Egypt’s Minister of Electricity and Energy Hassan Younis is now seeking international funding to help underwrite the country’s largest proposed wind facility of 120 megawatts, for which Egypt’s private sector will underwrite 63 percent of the project, accordingly to a press release from Cairo’s Egypt State Information Service.  If all goes well, Younis said that the 120 megawatt facility is scheduled to become operational in 2013.

Bigger plans are afoot – according to Younis, the Ministry of Electricity and Energy has now issued new competitive bidding tenders for underwriting a project of establishing a 1,000 megawatt wind farm, scheduled for completion in 2015-2016, along with three other wind facilities. Under the terms of the government tender, investors will finance, build and operate the power facilities for a period of 20 to 25 years, selling the power generated by their wind farms to the state-owned Egyptian Electric Company at prices approved by the government.

The largest bottleneck thus far to expanding Egypt’s wind power facilities is securing funding, but Cairo scored some successes even before the overthrow of the Mubarak regime. In mid-2010, the World Bank agreed to lend Cairo $220 million to build infrastructure that would connect wind farms to the national grid and to support some of the other wind farm projects planned in the country.

The Egyptian government is seeking to build production facilities to manufacture selective wind turbine components for the increasing demand of local and regional markets, initially focusing on producing turbine towers and blade facilities for the local market to supply a projected 400 megawatts of facility needs per year and then to export products to the emerging North African and Middle Eastern markets. NREA estimates that the blade manufacturing project requires an estimated investment of $59 million and the tower industry $147 million.

Ancient Egyptians worshiped the sun god Ra. If all goes to plan, then Ra might have to share his primacy with Qebui, god of the north wind and Maahes, the god of war and weather.

By. John C.K. Daly of Oilprice.com




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News