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Egypt Inks Deal on Electricity Transmission and Renewable Energy Export to Europe

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

The Egyptian Electricity Transmission Company has signed a memorandum with the Norwegian company Scatec ASA to start studying an electrical interconnection project between Egypt and Europe to export renewable energy from Egypt to Europe via Italy.

The MoU was signed in the presence of the Egyptian Prime Minister, Dr. Mostafa Madbouli, on behalf of the Egyptian Electricity Transmission Company, Engineer Sabah Mashali, Chairman of the Board of Directors of the company and Managing Director, and on behalf of Skatek ASA Terrier Belskog, General Manager of the company .

After the signing, Dr. Mohamed Shaker, Minister of Energy of Egypt, explained that the MoU was concluded as part of the support and strengthening of the cooperation framework between the Arab Republic of Egypt and the European Union in the field of energy in general and renewable energy. in particular, and will promote cooperation and coordination regarding the export of electricity to Europe via Italy.

After completion of the design studies and approval by the Egyptian Electricity Transmission Company, discussion and agreement on the steps to implement the project will begin with the aim of exporting renewable energy to Europe via Italy in coordination with the transmission network operator. in Italy.

Source: agencies

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