Economic Efficiency/Economy Development (Cheap) “PROFIT” Social SD Environment C ’s Responsibility Protection “PEOPLE” “PLANET” Energy Security Environment (Convenient) (Clean)Sustainable Development, SD Energy Form for a Basis Sustainable World
Proposed Solutions to Face Energy, EnvironmentProblems and Meet SD Targets Increase Share of Renewable Energy Demonstrate New Energy Technologies Apply Energy Conservation and Energy Efficiency Programs ….
Increase Share of Renewable Energies e.g. Hydro Power Solar Energy Wind Energy ….
World Total Installed Capacity (MW) - TIMES !!Source: World Wind Energy Report
Global Wind Energy Wind energy continued its growth in at an increased rate of %. All wind turbines installed by the end of worldwide are generating per annum, equaling more than % of the global electricity TWh consumption. The wind sector became a global job generator and has created ’ jobs worldwide. The wind sector represented in a turnover of billion !.
Global Wind EnergySource: World Wind Energy Report
Continental Shares of Total Installed CapacitySource: World Wind Energy Report
Development of Global Growth RatesSources: ( )World Wind Energy Report ( ) http://www.wtrg.com/daily/crudeoilprice.html
Wind Energy in RCREEE Members MW,Total Installed Capacities; MW,
Objectives of Renewable Energy in RECREEE Members Country Target Horizon Objectives ( ) Algeria Egypt Libya Jordan Morocco Tunisia( ): Including Hydropower
Resource AssessmentEgypt Wind Map, Wind Atlas of Gulf Wind Atlas of of Suez, - Egypt,In cooperation with In cooperation with In cooperation with USAID Risoe (Denmark) & Risoe (Denmark) & EMA EMA
Wind Atlas for Egypt, Egypt enjoys excellent wind regimes, particularly in the Suez Gulf where the average wind speed reaches m/sec. The wind energy resource is available in large regions on the Nile banks in the Eastern and Western Desert and parts of Sinai.
Large Scale Wind Farms- Since , series of large scale wind farms, totaling about MW in cooperation with Germany, Denmark, Spain and Japan.- Key Indicators: - Generated Electricity: ~ Billion kWh, - Fuel Saving: ~ T.O.E., - Emissions Reduction: ~ Million T.CO
MW, in Cooperation with Denmark, planned to be operated in.MW, in Cooperation with Germany & EUMW, in Cooperation with JapanMW, private investments.MW ( + + MW), in cooperation with Spain.MW, in Cooperation with Japan (on the Nile Western Bank).
National Strategy up to•In February , the Supreme Council of Energy approved anambitious plan to: Satisfy of the generated electricity by renewable energies by , including from wind energy, i.e., reaching more than MW grid-connected wind farms (about MW wind farms annually). NREA Private Developers
PolicyA policy to foster the increasing of wind energy contribution consists of two phases:Phase ,• Will adopt Competitive Bids approach through issuing tenders internationally requesting private sector to supply power from wind energy projects for a period of years.Phase ,• Feed-in-tariff system will be applied taking into consideration the prices achieved in phase .
FINANCING SCHEMES FOR WIND PROJECTS IN EGYPT . Grant Scheme Grant scheme applied for the pioneer and demonstration wind projects erected in Hurghada, in co-operation with USA, Denmark, and Germany. In addition to the first commercial large scale wind farm at Zafarana, MW in co-operation with DANIDA. In this scheme local works such as civil works, and local transportation had been financed by NREA. . Self-Finance/Grant Scheme In this scheme the maximum share of grants didnt exceed of the total project investment. This regime has been applied for three large-scale wind farms in co-operation with DANIDA and KfW, with MW total capacity.
FINANCING SCHEMES FOR WIND PROJECTS …. Cont. . Self-Finance Scheme Self-Finance Scheme; has been applied for NREA- Spanish, NREA-Japanese, NREA-KfW, and NREA- DANIDA projects , , , and MW. Foreign loans applied for the second or the third financing schemes vary between soft, mixed credit, and commercial loans. Meanwhile, local loans offered from the Egyptian National Investment Bank, NIB, are commercial loans.