Presentation by Ahmed El-Beltagui, Energy and Transport Sector manger –EU Delegation to Egypt

1. Title
Subtitle
EU-Egypt Energy Cooperation
A Successful Model
Arab Forum For Renewable Energy and Energy Efficiency
6-7 May 2018

2. EU–Egypt Energy cooperation
• Existing and ongoing track of
achievements
• 2017: the year of EU Egypt policy
dialogue
• The way forward

3. Energy Challenges in Egypt
Security of
Supply
Security of
Demand
Deeper energy
Diversification
Market
reform
Stronger
Regulatory
Oversight
Greater cross
boarder
Trading
Energy
Efficiency
Higher Share
of RE
Energy
Challenges

4. Twinning between Egypt – Greece and
Italy
TA for the Gas regulator (EUR 3 million)
Small Solar Energy Systems in
Alexandria and Matrouh
Support NREA techncail financial
sustaibaility (EUR 3 Million)
Gulf of El Zayt the largest single
Windfarm in Africa (200MW)
Gulf of Suez Wind farm (250
MW)
Increased wind energy installed
capacity by 40%
Energy internal market in Egypt

5. Support to Energy Efficiency
• Financial models to promote Private sector
participation in Energy efficiency
• The Green Economy Fund EUR 30 million from
the EU leveraging EUR 110 form IFI
• EU support to private sector in projeetcs
formulation
• Capacity building: Energy Audits and Energy
Managers
• Energy Information System for Egypt

6. The Second MOU on Strategic Partnership
Between Egypt and EU in the Energy Sector
2018-2022
Assistance to
the Gas Sector
reform
Electricity
Sector
Reform
Development
of the Energy
Hub
Joint Projects
in the Field of
Renewable
Energy
Technological,
Scientific and
Industrial
Cooperation

7. EIP> a Three-Pillar Structure
E
I
P
Technical
assistance
• To help developing
bankable projects which
could be financed under
pillar 1
• To support activities aimed
at enhancing business
climate under pillar 3
2
Enhanced
Investment Climate
• Political and policy dialogue
for economic reforms
• Support legal, institutional
and regulatory frameworks
• Engaging with the private
sector
3
European Fund for
Sustainable
Development (EFSD)
Mobilising investments and
improving access to finance
EFSD Guarantee Fund
(especially for the private
sector – EFSD Guarantee)
Regional Investment
Platforms (Africa and the EU
Neighbourhood)
1
8
One-stop-shop / web portal

8. EIP> Pillar 1> resources from EU and leverage
9
The EU contribution in the Energy Sector in Egypt is around EUR 300 million
leveraging EUR 3 billion.

9. Potential investments (1)
• Feasibility study finalised, EETC, Ministry
of Electricity
• Estimated Budget 400 Mio EUR
• Potential financiers : EU,EIB,EBRD
Strengthening the
Electricity Grid –
EPTP II
• Feasibility study ongoing
• Estimated Budget 400 Mio EUR
• Potential financiers : EU, AFD
Strengthening the
Electricity Distribution
System (smart grid)
• Feasibility study finalised, Suez Oil
Refinery, MoP
• Estimated Budget 200 Mio EUR
• Potential financiers :EU, EBRD
Implementation of
Energy Efficiency in
Refineries

10. Potential investments (2)
• Feasibility study finalised, EGAS,
MoP
• Estimated Budget 200 Mio EUR
• Potential financiers :EU,EBRD
Implementation
of Energy
Efficiency in the
Gas Midstream
• NEAP approved in 2018
• Estimated Budget 500 Mio EUR
• Potential financiers : EU, in
addition to a large number of
IFIs
Support to the
National Energy
Efficiency Action
Plan (NEAP)