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Reading: Egypt exchanges 770MW of electricity with Jordan and Libya
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Dailynewsegypt > Blog > Business > Energy > Egypt exchanges 770MW of electricity with Jordan and Libya
BusinessEgyptEnergyRegion

Egypt exchanges 770MW of electricity with Jordan and Libya

DNE
Last updated: 2017/03/23 at 8:52 PM
By DNE 3 Min Read
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According to sources at the Ministry of Electricity, the total electricity capacity exchanged with Jordan and Libya is estimated at 770MW, adding that there is no electricity link with Syria, Iraq, or Palestine.

The sources added that the capacity of the Egypt-Jordan electricity link has been increased to 550MW, especially after securing all local consumers’ needs. The Egypt-Libya link rated at 220MW, using 200KV, and is expected to increase within two months.

The sources explained that the value of energy is calculated based on the foreign currency rate at the time of exchange and the price of used fuel.

The relations between Egypt and Jordan are witnessing a positive development and remarkable progress in all fields, especially in the field of electricity. It is planned to strengthen the electrical networks and increase their production capabilities within the framework of the comprehensive electrical connection.

Egypt aims to cooperate with Jordan in establishing new and renewable energy projects, and manufacture equipment for electricity projects.

According to the sources, the Ministry of Electricity aims to increase the electricity connection with a number of neighboring countries to about 2,000MW by next year, especially after achieving a surplus in production and securing all consumers’ needs.

The Ministry of Electricity and Renewable Energy had announced that the Egyptian Electricity Transmission Company signed a contract for the exchange of electric power in 2015 with the Jordanian national electricity company. The move comes within the context of the two countries’ keenness to boost bilateral cooperation in the field of electricity and make the necessary repairs to the national electrical grids in the two countries by pumping more investments.

Jordan is one of the pioneering countries in the restructuring of the electricity sector, as it established a regulatory body for the sector, in addition to its participation in regional future projects, such as the electricity link among the Mediterranean counties. It also established an open market for electricity and participated in the hexa-link electricity project, which includes Jordan, Egypt, Iraq, Lebanon, Syria, and Turkey.

On the other hand, the sources said that the trial operation of the Egyptian-Saudi electricity link project is expected to start in 2019. The project aims to exchange electricity with a capacity of about 3,000MW at peak time.

The Saudi side is currently reviewing the technical studies submitted by the companies applying for the tender of the implementation of the electricity linking lines.

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TAGGED: Egypt-Saudi Arabia electricity project, Egyptian Electricity Transmission Company, electricity, electricity projects, jordan, libya, The Ministry of Electricity and Renewable Energy
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