APICORP Energy Research: Egypt’s power sector: on the right track?

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apicorp-logoAPICORP is pleased to release the November issue of its Monthly Energy Commentary – Egypt’s power sector: on the right track?

The APICORP Energy Research is issued by the newly established Energy Research Department. Its purpose is to analyse the key issues and trends shaping the energy landscape in the Middle East and North Africa. The APICORP Energy Research is primarily aimed at energy professionals in the private and public sectors and the wider finance community.

Egypt’s power sector: on the right track?

With  demand  outstripping  capacity  additions,  Egypt’s  government  urgently  needs  to  bring  new  power projects on line to fill the gap. But there are serious financing challenges. In order to overcome them, the government has been pursuing an aggressive reform agenda aimed at restructuring the power sector and removing subsidies. The government’s objective is to attract Independent Power Producers (IPPs) to revive the industry. The failure to do so will mean that power outages will persist.

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