With a power score of 1.90, Egypt ranks number 64 among Emerging markets and number 21 in Africa.
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Go to the full profileEgypt 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.
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.
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
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.
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.
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 clean energy in Egypt was around $2.67Bn in 2024. This amounts to an increase of around 185% from $936.80M in 2023.
Which segments of the power sector are open to private participation?
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