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020318_Hurghada SECAP_FINAL

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Energy in MWh/year Situation in 2015 Cut expected in 2030 Situation in 2030<br />

GHG in tCO2eq/year<br />

Energy GHG Energy GHG GHG (BAU) Cut/ BAU<br />

Tertiary buildings 302,857 156,528 - 60,571 - 31,305 201,921 16 %<br />

Awareness to reduce consumption - 45,428 - 23,479<br />

Pilot projects - 15,143 - 7,826<br />

4.2.4.4 Budget<br />

These figures are rough estimates of budget required per action for the period 2018-2030 and ROI.<br />

Awareness to reduce consumption 50,000 € Less than 1 year<br />

Pilot projects 1,000,000 € 2 to 3 years<br />

4.3. Renewable energy development<br />

Despite the availability of sun, wind, and water in the Governorate of Red Sea, like in many other parts of Egypt,<br />

renewable energy is only strongly emerging in the past 3 years. People are used to relying on electricity produced in<br />

utilities powered by fossil fuels and classical solution for mobility based on diesel or gasoline.<br />

The global uptake of renewable energy should push the Governorate to explore all opportunities available to develop<br />

new production models. Following this route, the Governorate of Red Sea will reduce its dependency on “imported<br />

energy” and spark a new economy that will create jobs and generate revenues for local industries and people.<br />

4.3.1. Solar PV<br />

The Egyptian government is willing to support renewable energy development and for this reason adopted a feed-intariff<br />

policy. If this policy seems to be adapted to large-scale investments, it doesn't represent a real boost for<br />

households’ units. Indeed, the gap between FiT (Feed-in-tariff) offered for such small units and the price of electricity<br />

for individuals is not significant to speed up investment.<br />

Feed-in-Tariffs for solar power<br />

FiT (1)<br />

FiT (1) EUR<br />

cents<br />

FiT (2) FiT(2) EUR<br />

cents<br />

Households (piasters kWh) EGP 84.80 4.0 102.90 4.9<br />

Commercial up to 500 kW (piasters kWh) EGP 90.10-97.30 4.3-4.7 108.50 5.2<br />

500 kW – 20 MW (US cents / kWh) 13.60 11.5 7.90 6.7<br />

20 MW – 50 MW (US cents / kWk) 14.30 12.1 8.40 7.1<br />

Source: Egyptian Electricity Holding Company - EEHC, MoERE<br />

Exchange rate of NBE for 1 Euro = 20.8608 EGP<br />

Large-scale investments facilitated by foreign companies are not facing the same type of problem. The Governorate of<br />

the Red Sea should develop a partnership with companies willing to develop solar PVs, targeting different objectives:<br />

- Develop solar PV units on all Governorate buildings: Potential of Solar PV equipment has been explored for<br />

various public buildings and a first experiment seems to be very promising,<br />

- Develop specific projects for other symbolic buildings: schools, mosques, churches, hospitals and health centres,<br />

to be used as demonstrators in order to promote the technology,<br />

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