Climatescope 2025

Egypt

With a power score of 1.90, Egypt ranks number 64 among Emerging markets and number 21 in Africa.

Power score
1.90/5

Fundamentals2.45/5
Opportunities1.15/5
Experience1.53/5
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Ranking over time1.90/5

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Overview

Egypt has a power score of 1.90, which puts it at rank 64 in the Emerging Markets power ranking. The power score of Egypt is lower than the average of 1.91 in Africa.

Regional comparison chart

In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.

Power

Power policy

Egypt implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), REC'S - Renewable Energy Certificates, and Priority generation dispatch

Renewable energy target
Auctions/tenders (utility-scale)
Feed-in tariff/premium (utility-scale)
Support for customer-sited generation (rooftop and self-consumption)
Tax incentives
Renewables mandate/RPS/Supplier Obligation
REC'S - Renewable Energy Certificates
Priority generation dispatch

Power prices and costs

The average electricity price in Egypt has decreased from ~$55/MWh in 2023 to ~$36/MWh in 2024. Since 2019, the average electricity price in Egypt has fluctuated between ~$36/MWh in 2024 and ~$89/MWh in 2019.

Electricity prices in Egypt (2019-2024)

Power market

The top amount of capacity installed in Egypt in 2024 was in Natural gas at 52,623MW, up from 52,405MW in 2023. The technology with the biggest increase in capacity installed in 2024 was Utility-scale PV at 2,381MW, up from 1,681MW in 2023.

Installed capacity (2019-2024)

Electricity generation (2019-2024)

The technology with the largest share of electricity generated in Egypt in 2024 was Natural gas at 202,565GWh, up from 184,578GWh in 2023. Natural gas was also the technology with the biggest increase in electricity generated in 2024.

Investment in Egypt (2019-2024)

Investment in clean energy in Egypt was around $2.67Bn in 2024. This amounts to an increase of around 185% from $936.80M in 2023.

Utility privatisation

Which segments of the power sector are open to private participation?

generation
transmission
retail

Doing business and barriers

Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Currency of Corporate PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
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