Latest news with #Esmat
Daily News Egypt
13-07-2025
- Business
- Daily News Egypt
Government stresses continued payment of foreign oil partners' dues
Prime Minister Mostafa Madbouly chaired a meeting on Sunday with Minister of Electricity and Renewable Energy Mahmoud Esmat and Minister of Petroleum and Mineral Resources Karim Badawi to follow up on key issues, including fuel supply to power plants, progress on renewable energy integration into the national grid, and the status of payments to foreign oil partners. At the start of the meeting, the Prime Minister highlighted the importance of ongoing efforts by the relevant ministries to secure and increase petroleum supplies. He emphasized the need to ensure uninterrupted operation of power plants—particularly during the summer months—and to expand the share of renewable energy in Egypt's energy mix to improve efficiency and reduce generation costs. Minister Esmat outlined the electricity and renewable energy sector's solid infrastructure and detailed efforts to enhance energy efficiency, enforce fuel quality standards, and implement regular maintenance programs at power plants. He also noted the sector's ongoing expansion of renewable energy production and its integration into the national grid. Improving energy efficiency and reducing electricity consumption remain priorities, pursued through coordination with ministries, government entities, and partnerships with local and international private sector players. Esmat added that 2,000 megawatts of renewable energy capacity were added to the unified national grid ahead of the current summer season. He underscored the importance of continuous monitoring of the grid to ensure stable and high-quality electricity supply, along with strict adherence to global standards in maintenance and operational procedures. Efforts are also underway to reduce technical losses and lower fuel consumption, with maintenance programs being implemented on precise schedules set by the grid operator to achieve optimal operational efficiency. Minister of Petroleum and Mineral Resources Karim Badawi reviewed the status of petroleum supply and detailed measures to maintain steady fuel availability for power plants. He confirmed that floating storage regasification units (FSRUs) continue to receive liquefied natural gas shipments, which are then regasified and fed into the national gas grid to meet local demand. Badawi emphasized ongoing coordination with the Ministry of Electricity and Renewable Energy within a unified strategy to secure fuel supply and maintain grid stability. Joint working committees, he noted, regularly assess and plan for the required fuel needs of power generation plants. He further outlined the petroleum sector's role in ensuring the delivery of gas and fuel oil as requested by the electricity sector, stressing that this coordination takes place continuously, supported by proactive plans to manage fuel needs during peak summer demand. The meeting also reviewed progress on payments to foreign oil partners. The government reaffirmed its commitment to meeting these obligations regularly—a move expected to boost confidence among international investors and encourage additional investment in exploration, drilling, and production.
Al-Ahram Weekly
12-07-2025
- Business
- Al-Ahram Weekly
Dabaa: A flagship national project - Features - Al-Ahram Weekly
Egypt and Russia are working closely together to construct the Dabaa Nuclear Power Plant, a major national project. During his participation in the celebrations marking the 80th anniversary of Victory Day in the Russian capital Moscow last month, President Abdel-Fattah El-Sisi met his Russian counterpart Vladimir Putin to discuss relations between the two countries. According to Presidential Spokesman Mohamed Al-Shennawi, a large part of the discussion highlighted the significant progress being made in the construction of the Dabaa Nuclear Power Plant (NPP) in the northwest of Egypt, a project being developed in cooperation with Russia. 'The two leaders stressed that the Dabaa project is the cornerstone of the strategic relationship between the two countries,' Al-Shennawi said. President El-Sisi emphasised the importance of implementing the Dabaa project on schedule, considering it to be the largest Russian-Egyptian cooperation project since the Aswan High Dam in the 1960s. For his part, President Putin said that the Dabaa project will significantly contribute to developing the Egyptian economy, strengthen the country's energy base, and demonstrate Russia's advanced nuclear technology. El-Sisi and Putin's discussion of the Dabaa project came while senior Egyptian and Russian officials have been holding intensive meetings in Moscow and Cairo in recent weeks to ensure the project goes as planned. In Moscow two months ago, Minister of Electricity and Renewable Energy Mahmoud Esmat met with Alexey Likhachev, director-general of Russia's State Atomic Energy Corporation, Rosatom, which is constructing the Dabaa NPP. El-Sisi met this week with Likhachev in Alamein city. The meeting, the presidential spokesman said, meant at signing an agreement between Egypt and Russia on the building of the Dabaa NPP and related civil defence mechansims, as well as deals on electricty generation. Esmat said the construction of the Dabaa project is moving at a steady pace and that there is close coordination between Egyptian and Russian officials and technicians to ensure it goes according to the predetermined schedule and guarantee the success of Egypt's first nuclear power station. According to a statement from the Electricity Ministry, Esmat's meeting with Likhachev reflected the continuous coordination and strong cooperation between the Egyptian and Russian teams, aimed at achieving shared objectives. 'It aligns with Egypt's national strategy to develop the nuclear energy sector as a cornerstone of its Vision 2030 and broader development agenda, focusing on sustainable and clean energy sources,' the statement said. Esmat reaffirmed that the Dabaa project enjoyed consistent support from Egypt's political leadership, as it would contribute to meeting the country's rising demand for clean electricity, enhance energy security, and support national development goals. He highlighted that the project exemplifies the deep-rooted strategic partnership between Egypt and Russia and serves as a major component of Egypt's peaceful nuclear energy programme. More than 20 per cent of the Dabaa project has been completed so far, he added. The statement indicated that the meeting between Esmat and Likhachev addressed preparations for the delivery and integration of key electrical equipment, including major transformers, into the national grid. Emphasis was also placed on intensifying training programmes to prepare qualified personnel for the plant's operation, alongside measures to accelerate the project's execution. The meeting also covered the progress achieved in engineering, technical, and administrative areas and in capacity-building, with both sides confirming that work is proceeding on schedule and stressing the importance of maintaining regular joint meetings and mutual visits to monitor developments. The minister underlined the importance of diversified energy sources and clean, renewable power to reduce fuel consumption and carbon emissions. He emphasised the state's focus on the peaceful uses of nuclear energy as part of a comprehensive strategy for sustainable development and improved energy infrastructure. 'The supervision of the International Atomic Energy Agency [IAEA] was a necessary step before we began the actual construction of the first reactor on the ground,' he said. Likhachev hailed the Dabaa project as the 'flagship of Egyptian-Russian cooperation'. 'This project will help to increase Egypt's GDP by more than one per cent,' Likhachev said, noting that 'over 16,000 workers are working every day on the construction of the Dabaa plant.' He indicated that Rosatom has partnered with over 90 companies from Egypt for the construction of the plant, with 285 contracts worth over $1.2 billion. Likhachev also indicated that the ongoing construction of the plant means that Egypt has joined the world's nuclear club. 'The construction of this plant will allow Egypt to reach a new level of technology and industrial and educational development. The plant will be the largest project of Russian nuclear cooperation in Africa and the largest in Egypt since the giant Aswan High Dam project,' he said. 'Having their own nuclear energy industry has been a dream for the Egyptian people for more than half a century, and it is a great honour for Rosatom to make this dream come true.' Sherif Helmi, chair of Egypt's Nuclear Power Plants Authority, the owner and operator of the Dabaa NPP, also held an important meeting last month with Andrey Petrov, president of the Russian Company Atomstroyexport, the general contractor for the Dabaa NPP. The meeting, attended by senior Egyptian and Russian officials overseeing the Dabaa NPP, discussed the latest developments and progress in this vital strategic project. The discussion focused on the importance of enhancing joint coordination and monitoring the progress of work to ensure its implementation according to the specified timetables. During the meeting, the two sides reviewed in detail progress on the various engineering, technical, and administrative aspects of the project in addition to reviewing future plans and targets for achieving its main phases. Helmi and Petrov affirmed their joint commitment to completing all the work within the scheduled deadlines and emphasised the need to enhance close cooperation and overcome any obstacles to ensure efficient and effective progress. THE DABAA PLANT: The Dabaa NPP is under construction in the Matrouh governorate on the Mediterranean coast 170 km west of Alexandria and 320 km northwest of Cairo. Rosatom is the developer of the $30 billion nuclear power plant, which will be owned and operated by Egypt's Nuclear Power Plants Authority (NPPA). Dabaa is Rosatom's first major nuclear power project in Africa. It will comprise four pressurised water reactors (PWRs) with a total capacity of 4800 MW, which is expected to account for up to 10 per cent of Egypt's power generation capacity. Approval for the plant was obtained from the Egyptian Nuclear and Radiological Regulatory Authority (ENRRA) in March 2019, while the construction permit for the first unit of the plant was issued in June 2022. Rosatom started the construction of units one and two in July and November 2022, followed by the pouring of the first concrete for unit three in May 2023. In January 2024, Al-Sisi and Putin joined together via video conference to watch the pouring of the first concrete for the foundation of the fourth and final power unit of the Dabaa project. El-Sisi said 'this is a historic moment that will forever remain engraved in the history and memory of our nation.' He hailed the project as bearing witness to strong Egyptian-Russia cooperation and an additional milestone to those already achieved throughout history. El-Sisi said the Dabaa plant is progressing at a faster pace than planned, reflecting the importance that the Egyptian state attaches to the energy sector as a fundamental driver of economic growth. The four nuclear reactors at the plant are capable of producing 1200 MW each. They use the innovative GEN III+ design, standard technology used today in generating nuclear power around the world. The first unit is expected to begin commercial operations in 2026, while the commissioning of the remaining three reactors is scheduled for 2029. The Dabaa plant will meet the highest safety standards in compliance with International Atomic Energy Agency (IAEA) regulations. The plant will be able to withstand earthquakes of up to an intensity of 9 on the Richter Scale, airplane crashes, explosions, and even tsunamis. Helmi indicated that 'the design lifetime of the plant will be 60 years.' It is expected to generate up to 37 billion kilowatt-hours of electricity annually, meeting around 10 per cent of Egypt's total electricity demand. Plans to construct a nuclear power plant in Egypt were first proposed in 1954, but at the time the country lacked the financial resources necessary to turn this dream into reality. In 1956, Egypt decided to establish the Inshas Nuclear Research Reactor, which was imported from Russia for use in research and studies. This was a Light Water Tank (WWR) type reactor (Light Water Neutron Cooling and Moderation) with a capacity of 2 Megawatts, including an initial fuel load of 3.2 kg of 10 per cent enriched U235 uranium. The reactor is owned and operated by the Egyptian Atomic Energy Authority (EAEA), headquartered at the Nuclear Research Centre in Inshas some 40 km northeast of Cairo. The Inshas project came in response to Israel's decision to build a nuclear complex — the Dimona project — in cooperation with France in the mid-1950s. In 1983, Egypt began to revive its nuclear power programme, and the Dabaa site on the Mediterranean coast was selected to host the first nuclear plant. The plan was aborted following the 1986 Chernobyl accident in Ukraine, however. In April 2013, Egypt approached Russia to renew its nuclear cooperation agreement, focusing on the construction of a nuclear power plant at Dabaa. In February 2015, a further agreement was signed between Rosatom and the Ministry of Electricity and Renewable Energy, in which they 'agreed to launch detailed discussions on the prospective project'. At that time, President Putin visited Egypt and he and President El-Sisi signed a memorandum of understanding to cooperate on nuclear power. 'If the final decisions are made, they will relate not only to the construction of a nuclear power plant, but also to the creation of a whole new nuclear power industry in Egypt,' Putin said at a press conference in Cairo. According to reports, the Dabaa NPP will cost around $30 billion. It is being financed through a $25 billion loan extended by Russia to Egypt under a financing agreement signed between the Ministry of Finance of Egypt and the Ministry of Finance of the Russian Federation. In November 2015, an intergovernmental agreement was signed with Russia to build and operate the four reactors, including fuel supply, used fuel, training and the development of regulatory infrastructure. A financing agreement for a Russian state export loan was signed, covering 85 per cent of the cost, with repayments to be made over 22 years in 43 equal semi-annual installments (the first installment is due on 15 October 2029). Egypt can repay Russia in either US dollars or in Egyptian pounds and will pay an interest rate of three per cent. Putin has recently approved an amendment to the Dabaa NPP loan that allows Egypt to pay the installments in Russian rubles instead of the currencies agreed on in the original agreement. In May 2017, the gannounced that the loan was for $25 billion and would cover 85 per cent of the cost of the four 1200 MW units, with Egypt committed to raising the remaining 15 per cent ($5 billion) for construction costs, the import of specialised equipment, and technical and managerial expertise. The Ministry of Electricity and Renewable Energy stated in 2020 that 'Egypt will pay its 15 per cent of the costs by selling the energy generated from the nuclear reactors at the plant.' 'This project will not be costing Egypt anything' as a result, said Egypt's former electricity minister Mohamed Shakir, noting that the price of electricity produced by nuclear power is much lower than that produced by natural gas. In April 2019, the NPPA received approval for the Dabaa site from the Egyptian Nuclear Regulation and Radiological Authority (ENRRA). In December 2019, the NPPA signed a further contract with engineering company Worley Ltd to serve as a consultant for the Dabaa project to 2030, providing technical support for the NPPA's design review, project management, procurement, construction management, training, procedure development, quality assurance, and the commissioning of the plant. The Covid-19 pandemic in February 2021 led to the slowing down of the implementation of the Dabaa project. In July 2022, however, work resumed at full capacity and construction permits from ENRRA for units one and two were issued. In March and August 2023, ENRRA issued a construction licence for units three and four. The first concrete for unit four was poured in January 2024. * A version of this article appears in print in the 10 July, 2025 edition of Al-Ahram Weekly Follow us on: Facebook Instagram Whatsapp Short link:
Daily News Egypt
29-06-2025
- Business
- Daily News Egypt
Electricity Minister explores strategic partnership with Huawei on renewables, digital transformation
Mahmoud Esmat, Egypt's Minister of Electricity and Renewable Energy, continued high-level discussions and convened meetings with leading Chinese companies specializing in electrical equipment and technology during his participation in the Shanghai Conference on Renewable Energies, Clean Energy Solutions, and the Energy Transition in China. Esmat conducted on Sunday a field visit to Huawei's Global Digital Energy and Renewables Division, where he met with Chairman Guo Jiangong and David Sun, the company's Vice President for Energy. The talks centered on strengthening cooperation in digital transformation, upgrading power grids and control centers, expanding battery energy storage systems, and localising advanced manufacturing technologies to support Egypt's strategic shift towards renewable energy. The visit began with an inspection of Huawei's facilities, during which the company's team delivered a detailed presentation on its operations and showcased key innovations. These included technologies for solar plant control systems, data centers, smart-grid communication networks, and advanced battery energy storage solutions. The presentation highlighted Huawei's integrated networking systems, AI-powered tools, and intelligent solutions, all of which contribute to the roadmap for developing a smart grid. These technologies aim to enhance operational efficiency, reduce technical losses and fuel consumption, and improve both power quality and overall network stability. During his visit, the Minister also held in-depth meetings with Huawei's senior leadership, including planning and project teams, to explore potential areas for expanded collaboration in the near term. Discussions covered the prospects of localising select ancillary industries and relocating segments of Huawei's service centers to Egypt, thereby channeling new investments into the country and strengthening its role as a regional hub. The meetings reviewed operational frameworks tailored to Huawei's potential joint ventures within the context of Egypt's national digital transformation strategy. Emphasis was placed on maximizing the returns of renewable energy initiatives and expanding the deployment of battery storage solutions. These efforts align closely with Egypt's national energy strategy and the electricity sector's roadmap, which focuses on diversifying energy sources, increasing the share of renewables in the power mix, and enhancing the economic returns of major energy projects. Esmat also examined Huawei's digital transformation strategies designed to curb losses, prevent waste, and optimize electricity usage. In particular, he reviewed storage technologies intended to supply renewable power to isolated industrial zones and remote residential clusters not connected to the national grid—part of a broader plan to capitalize on renewable energy potential and reduce fuel dependency. Further discussions addressed Huawei's role in deploying its technologies to reduce electrical losses, prevent unauthorized consumption in select governorates, and monitor progress on pilot projects such as those currently underway in Port Said and other regions served by local distribution companies. These initiatives include integrating data across control centers to improve electrical service quality and accelerate the modernisation of Egypt's national grid. Esmat affirmed that the Ministry of Electricity is open to partnerships and cooperation and stands ready to provide the necessary support to encourage Huawei's investment in Egypt and its expansion into neighboring markets. He underlined the partnership's potential, emphasizing Huawei's expertise in energy networks, smart cities, renewable energy solutions, and energy efficiency. Esmat also outlined recent measures taken by the Egyptian state—including comprehensive infrastructure upgrades and enhanced legislative frameworks—to foster greater private sector participation across the electricity and energy sectors. He additionally stressed the importance of adopting cutting-edge communication technologies and cybersecurity tools in the ongoing digital transition and pledged the ministry's commitment to meeting the highest standards of quality and efficiency, which remain central to its strategy for performance improvement and service delivery enhancement.
Al-Ahram Weekly
24-06-2025
- Business
- Al-Ahram Weekly
El-Sisi reviews national energy strategy, renewable energy integration - Society
President Abdel-Fattah El-Sisi on Tuesday reviewed plans to integrate renewable sources and battery storage as part of the country's national energy strategy. Related Egypt PM urges public to conserve electricity amid exceptional regional circumstances He also reviewed efforts to enhance energy efficiency and quality, reduce fuel consumption, and promote the economic operation of power plants. This came during a meeting in New Alamein with Prime Minister Mostafa Madbouly and Minister of Electricity and Renewable Energy Mahmoud Esmat. President El-Sisi also reviewed ongoing efforts to strengthen the national electricity grid through regional interconnection projects, enhance transmission networks, and improve distribution networks to minimise technical losses. Minister Esmat presented an overview of the ministry's initiatives to improve service quality, according to a presidential statement. These include close coordination with the Ministry of Petroleum and Mineral Resources to meet fuel and gas demands for power plants, regular monitoring of maintenance and operational programs, and crackdowns on electricity theft. Esmat also noted that around 2,000 megawatts of new renewable energy capacity is being added with investments estimated at $2.3 billion. Additionally, the meeting discussed efforts to localize the manufacturing of key components for electricity and renewable energy, including partnerships with major global companies specialised in battery storage systems and wind turbine technology. The minister reviewed progress in enhancing the national grid's readiness to accommodate increased renewable capacity. He noted that currently installed renewable sources—including wind, solar, and hydropower—have reached a total capacity of 8,031 megawatts. In line with Egypt's Integrated and Sustainable Energy Strategy, the meeting also presented projections for renewable energy capacities by 2030 and outlined the expected solar and wind additions to the national grid by June 2028. Discussions also covered measures to improve power generation efficiency and fuel savings achieved through changes in plant operation strategies. The president received updates on key strategic projects, including the Dabaa Nuclear Power Plant, the Egypt–Saudi Arabia electrical interconnection project (3,000 megawatts, a $1.8 billion investment), and the Egypt–Greece interconnection initiative. President El-Sisi emphasised the importance of ramping up efforts to attract investment into the renewable energy sector and securing a stable and sustainable supply of electricity for the national grid and industrial and service sectors. During the meeting, El-Sisi also directed the acceleration of ongoing projects focused on improving the energy system's efficiency and enhancing electricity services across all governorates. The president underscored the need to continuously modernise generation plants, transmission and distribution infrastructure, and control centres, while also maximising the use of renewable energy resources. El-Sisi further emphasised the strategic importance of localising industries linked to renewable energy, reinforcing Egypt's energy security and economic development. Follow us on: Facebook Instagram Whatsapp Short link:
Egypt Today
03-06-2025
- Business
- Egypt Today
Egypt's El-Dabaa Nuclear Project Reaches Milestone with Incoming Turbine Generator
Egypt's Ministry of Electricity and Renewable Energy has confirmed that the El-Dabaa Nuclear Power Plant will receive the turbine generator for its first reactor unit before the end of 2025 — marking a major milestone in the country's flagship energy project. Minister of Electricity and Renewable Energy, Mahmoud Esmat, recently visited the facilities of Arabell Solutions and Framatome in Belfort, France, to inspect progress on the manufacturing of key components for the El-Dabaa reactors. The visit focused on reviewing the production status of power-generating turbines and evaluating the readiness of critical electrical systems, including generator assemblies and turbine parts. During the visit, the minister also examined the latest developments in the technical testing of the turbine generator for Unit 1. According to a statement issued by the ministry on Tuesday, Esmat was briefed by senior representatives from the two French companies regarding the readiness and performance of the plant's core electrical infrastructure. The ministry emphasized that the incoming turbine will be the largest of its kind ever installed in Egypt — and across the African continent — underscoring the scale and significance of the El-Dabaa project within the region's energy landscape.
