Source: Carnegie Endowment
Author(s): Brendan Meighan, Alfred Jasins
Original Link: http://carnegieendowment.org/sada/59594
After years of doing little to rectify Egypt’s energy and electricity troubles, the government has finally moved to pursue sustainability. Energy demand, fueled by government subsidies, had for years outpaced domestic production. This has led to a large subsidy bill, electricity production that falls far short of demand, strained relationships with foreign energy companies, and a growing dependence on more expensive foreign sources of oil and gas. But the Egyptian government, under President Abdel Fattah el-Sisi, has begun to take substantive measures to address these issues. This includes subsidy reform and a renewed focus on alternative sources of energy, such as renewables like solar and wind…
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