Economic Literature Review- Energy Security in Egypt

Source: The Egyptian Center For Economic Studies
Author(s): Iman Al-Ayouty, Nadine Abdel Raouf

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This review paper takes stock of important recent literature on Egypt’s energy economy. It tackles two distinct topics: the first, is liberalizing energy prices in Egypt while analyzing the different pricing approaches, the pace and timing of liberalization, as well as the expected distributional impacts on households in different expenditure quintiles, and hence measures to mitigate these impacts. The second topic is the different scenarios for Egypt’s energy mix. The paper also reviews the most recent energy-related policies, as well as the proposed or undertaken legislative reforms, and how they may help reduce energy insecurity. It further takes stock of the energy projects, which either preceded the March 2015 Egypt Economic Development Conference (EEDC), or were proposed during the conference, as well as those announced afterwards. Finally, it draws some policy implications that could pave the way towards greater energy security in Egypt…

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