Egypt to annonce plan for rationalizing electricity in all economic sectors

Egypt to annonce plan for rationalizing electricity in all economic sectors

Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, announced Sunday that his ministry is preparing to hold an international press conference within several days to announce a plan to rationalize electricity consumption in all economic sectors.

The privately-owned al-Mal newspaper reported Shaker as saying that he is working to reduce spending in all sectors of the ministry, and focus on priority projects, which contributes to reducing the burdens on the state’s general budget and expanding clean energy projects.

The ministry possesses a huge surplus of electric power in the national grid at approximately 20,000 megawatts, he explained, through which it can meet all the needs of the governmental, public, private and domestic sectors.

The need to rationalize the state’s electricity usage rises

Last week, the cabinet approved a draft decision to take some measures to implement the state’s plan to rationalize electricity consumption, which aims to achieve savings in the quantities of natural gas used in operating power stations for the purpose of exporting and benefiting from hard currency.

The draft resolution stipulates the commitment of the state’s administrative apparatus, including ministries, government agencies and departments, public bodies and public sector companies, to rationalize electrical consumption in all buildings and facilities affiliated with them