Where is the cairo energy storage building

How can Egypt store electricity?

Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.

Does Egypt have more green space than Cairo?

The city promises more green space than Cairo and landscaping has begun on the so-called "Green River," a series of parks and waterways amidst the city's recreational zones. Egypt is building a new city, known as the "New Administrative Capital," 30 miles east of Cairo.

How can Egypt facilitate future exchange of electricity across the Mediterranean?

Egypt continues to work with the European Union to evaluate feasible options to facilitate future exchange of electrical power across the Mediterranean, particularly from renewable energy sources, through possible interconnections between Tunisia and Italy, and potentially between Egypt, Cyprus and Greece.

Is Egypt a good place to use solar energy?

IRENA’s Global Atlas platform combines recent irradiation potential and includes a new solar atlas released in 2016, thus reiterating Egypt’s high solar potential. On a global scale, Egypt is one of the most appropriate regions for exploiting solar energy both for electricity generation and thermal heating applications.

Why does Egypt need more energy?

As the most populous country in the Middle East, with 100 million citizens estimated in 2020, Egypt faces rising energy demand driven by rapid population growth and an expanding economy. This creates significant challenges in maintaining a steady and continuous supply of energy and opportunities for the sector’s development.

What is Egypt's target share for renewables by 2040?

Shortly afterwards, however, Egypt's petroleum ministry said the target share for renewables was 40% by 2040, with the country maintaining a major reliance on natural gas.