Egypt to stop reducing electricity loads starting Sunday
Date
7/18/2024 2:23:47 AM
(MENAFN) Starting Sunday, Egypt will cease reducing electricity loads during the summer due to the arrival of several natural gas shipments, announced Prime Minister Mostafa Madbouly on Wednesday.
This measure aims to resolve a crisis that has affected Egypt's 106 million residents, according to a UK-based news agency.
Egypt experiences power outages as the demand for cooling increases in the summer, leading to higher consumption. The country generates most of its electricity by burning natural gas.
Load shedding, the practice of alternating power disconnections across parts of the power grid, is used to prevent the entire system from collapsing when demand exceeds capacity.
In a televised press conference, Egypt’s Prime Minister Mustafa Madbouly reported that Egypt's daily electricity consumption had surpassed 37 gigawatts, a 12 percent increase from the previous year.
The Ministry of Petroleum announced on Monday that it had received five shipments totaling 155,000 cubic meters of liquefied natural gas, part of the 21 shipments the country has contracted.
Last month, Madbouly stated that Egypt needs to import approximately USD1.18 billion worth of natural gas and fuel oil to put an end to the persistent power outages.
Although Egypt has not imported liquefied natural gas since 2018, natural gas supplies have dwindled as population growth and urban development have driven up electricity demand.
Madbouly also mentioned that the government plans to address energy needs for the summer of 2025 by investing in renewable energy sources.
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