INTIEAEgypt · Egypt Renewable Energy Law (Decree No 203/2014)PolicyIn force

Egypt Renewable Energy Law (Decree No 203/2014)

In order to encourage the private sector to produce electricity from renewable energy sources, Egypt adopted the Renewable Energy Law (Decree No 203/2014) in 2014. The Law introduces several development schemes for the private development of renewable energy projects, including…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Egypt · Year: 2015 · Status: In force · Level: National · Type: Voluntary

In order to encourage the private sector to produce electricity from renewable energy sources, Egypt adopted the Renewable Energy Law (Decree No 203/2014) in 2014.

The Law introduces several development schemes for the private development of renewable energy projects, including competitive bids, feed-in tariff, and independent power production through third party access.

Competitive bidding to be run by the New and Renewable Energy Authority (“NREA”) open to private sector companies for construction of the renewable power projects. Constructed stations will be operated by NREA. Produced electricity will be sold to Egyptian Electricity Transmission Company (EETC) at a regulated price determined by Egyptian Electric Utility and Consumer Protection Regulatory Agency (ERA).

Competitive bidding mechanism for build-own-operate (BOO) contracts to be run by EETC and open to private companies for construction, ownership and operation of the renewable power projects. Generated electricity will be sold to EETC on the price agreed between EETC and plant owner.

Feed-in tariff (FIT) support system under which private sector investors are allowed to build, own and operate renewable energy power stations and sell generated electricity to EETC or to licensed distribution companies via power purchase agreements (PPA). PPA determines duration of the contract and a fix electricity price (feed-in tariff). PPA for feed-in tariffs for solar installations will last 20 years, for wind projects 25 years. Egypt aims to deploy 4300 MW of new renewable capacity under FIT scheme between 2015 and 2017. FIT system is open only for solar PV and wind technologies.

Independent power production through third party access scheme allows independent power producers (IPP) to enter bilateral electricity purchase contracts with eligible consumers and sell them produced electricity directly. EETC must allow for conclusion of such contract and make grid network available. In this case, EETC is allowed to charge and collect greed access fee for grid usage.

Official source: https://faolex.fao.org/docs/pdf/egy189734E.pdf

Source

https://www.iea.org/policies/6104

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45284NewsIn force

Brazil’s New Oil Frontier Could Keep Its Boom Alive For Decades

Brazilian President Luiz Inácio Lula da Silva has hailed a new offshore oil discovery by Petrobras (NYSE: PBR) near the mouth of the Amazon River as a "passport to the country's future", continuing his support for controversial oil and gas drilling in Amazon's ecologically sensitive regions. Last week, the state-run Oil & Gas giant announced it has found oil at the Morpho-1 well (Block FZA-M-59) in the mouth of the Amazon roughly 180 kilometres (112 miles) off the coast of Amapa state, “All of our studies indicate substantial potential.…

12 hours ago
INTEnergy Newsoilprice:oilprice-article-45283NewsIn force

Houthis Move to Gain Complete Control Over Crucial Bab el-Mandeb Oil Chokepoint

The Yemeni Houthis are planning to seize land along the Yemeni coast in the Bab el-Mandeb Strait, tightening their control of the chokepoint. The information comes from the minister of information in the government that the Houthis are fighting in Yemen and suggests further disruption to marine traffic on one of the world’s busiest trade routes. “The Houthi militia... is working to create the conditions for seizing control of the Bab al-Mandab Strait by expanding its presence along the western coast and attempting to control strategic…

13 hours ago
INTEnergy Newsoilprice:oilprice-article-45282NewsIn force

Hormuz Oil Crisis Accelerates Global EV Sales

Global electric vehicle sales have surged this year following the oil supply disruption in the Middle East and the second oil price shock in four years. The accelerating EV adoption that began with the spike in oil and fuel prices earlier this year is set to remain a trend in the global markets and could push the share of EVs in the passenger fleet above earlier expectations, analysts at Wood Mackenzie say. Challenges to accelerated adoption still remain, including the need for billions of U.S. dollars in investments in critical battery minerals…

14 hours ago
INTEnergy Newsoilprice:oilprice-news-45284NewsIn force

Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs

Washington is tightening the screws on Iran and loosening the rules on gasoline at the same time as Americans are paying more than $4 a gallon. The Environmental Protection Agency on Thursday authorized an early switch to cheaper winter-grade gasoline, allowing sales of gasoline blended with 10% ethanol beginning September 1 rather than waiting for the normal mid-September seasonal transition. The administration says ending summer-blend requirements early could add hundreds of thousands of barrels per day to domestic gasoline supply and provide…

14 hours ago
INTEnergy Newsoilprice:oilprice-article-45270NewsIn force

How Solar Panel Prices Fell 90 Percent In 15 Years

Solar power is far and away the world’s fastest-growing form of energy production, beating out every other form of energy on Earth in 2025. Despite a recent political pivot away from renewable energies in the world’s largest economy, solar power additions continue to shatter its own records year over year as the sector has long since outgrown any need for subsidies. Solar power has simply become too cheap to fail. “We have a plentiful and cheap source of electricity that can be built quickly, almost anywhere in the world,”…

15 hours ago