Oil prices climb on Tuesday amid Hurricane concerns    Top global banks join G7-led digital currency pilot    India's wholesale inflation slows to 1.31% YoY in August '24    Sudan, S. Sudan near oil pipeline restart    Al-Sisi calls for emulating Prophet Muhammad's manners at birth anniversary celebration    Death toll in Gaza rises to 41,226 amid ongoing Israeli aggression    Egypt launches tax incentive package to strengthen business trust: Kouchouk    Culture Minister directs opening of "Islamic Pottery Museum" to the public on 15 October    Abdelatty, Lavrov discuss cooperation, Gaza, Lebanon, Sudan    Saudi Crown Prince pledges $5bn investment in Egypt    ADB offers support to Bangladesh's interim govt.    Majid Al Futtaim, Valu partner to offer flexible mall gift cards    Egyptian potato 'secret ingredient' in Macfrut 2025: Expolink    Thai handout recipient number 40 million citizens    Most Zagazig train accident victims recovered, 8 still under observation: Health Ministry    Restoration project at Edfu Temple reveals original coloured inscriptions for first time    Egypt joins Africa's FEDA    Egypt urges balance between human needs, environmental sustainability    Egypt's Culture Minister seeks input from Writers Union on national strategy    Egypt awards ZeroCarbon solid waste management contract in Gharbia    Egypt, UN partner on $14-m coral reef protection project    ADB approves $93.6m for Cambodia's rural utilities    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Egyptian pentathletes dominate world championships in Lithuania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egyptian Olympic athletes champion local sportswear    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    FABMISR supports young female athletes through "Women in Sports" platform    Who leads the economic portfolios in Egypt's new Cabinet?    Egypt's President assigns Madbouly to form new government    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian-Saudi electricity interconnection project nears completion
Published in Daily News Egypt on 15 - 07 - 2024

Egypt's Minister of Electricity and Renewable Energy, Mahmoud Essmat, recently met with a team overseeing the 3,000-megawatt electricity interconnection project between Egypt and Saudi Arabia. The project aligns with the ministry's strategy to address load shedding, enhance grid stability, improve power supply quality, and meet growing electricity demands.
Essmat emphasized a holistic plan to optimize the energy system, including improving power plant efficiency, reducing fuel consumption, and addressing distribution company losses. Urgency surrounds the completion of the Saudi Arabia interconnection project, with a follow-up meeting planned with Saudi counterparts to finalize details before next summer.
The project, valued at $1.8bn, is already 60% complete and remains on track for a phased launch starting in July 2025. It will connect the two countries' grids via a network of overhead lines and submarine cables spanning 1,350 kilometres.
The meeting included project managers, consultants, and contractors. Sabah Mashali, Deputy Minister, and Salah Ezzat, Acting President of the Egyptian Electricity Transmission Company, were also present.
By leveraging the differing peak load timings of the two networks, the project aims to maximize generation capacities in both countries while reducing fuel consumption. It represents a significant step toward a regional interconnected grid, promoting greater electricity supply stability and reliability between Egypt and Saudi Arabia, with potential economic and developmental benefits.
The project involves constructing three high-voltage transformer stations: one in eastern Saudi Arabia, another in Tabuk, and a third in Badr City, east of Cairo. These stations will be linked by overhead lines and submarine cables, with construction overseen by a consortium of three global companies.
Beyond bolstering domestic supply, the project opens doors for future electricity exports to Asia and Europe, potentially expanding interconnection opportunities with neighbouring countries. Egypt currently generates approximately 58,000 megawatts daily, exceeding its daily consumption of 33,000 megawatts.


Clic here to read the story from its source.