The Minister of Electricity and the Business Sector discuss cooperation in the field of renewable energy and green transformation
The Minister of Electricity and Renewable Energy, Dr. Mahmoud Esmat, discussed with the Minister of Public Business Sector, Eng. Mohamed Shemi, at the Ministry’s headquarters in the administrative capital, the joint work files in a number of projects, especially in the fields of new and renewable energy, green transformation and expansion of reliance on clean energy to reduce emissions Carbonism. & nbsp; The meeting dealt with – according to the Ministry of Electricity statement – a number of issues aimed at improving the efficiency of work; In a way that contributes to achieving the goals of sustainable development and enhancing productive capabilities, enhancing full cooperation and coordination between the two ministries in the fields of renewable energy, and expanding dependence on clean energy, to improve the operational efficiency of factories and improve energy efficiency, in light of the ambitious, updated national strategy for energy, which aims to reach renewable energies To 42% of the total energy generated in 2030, and 65% in 2040, spreading the uses of renewable energies and diversifying energy sources because of this significant impact on the economic return. Future projects were discussed to maximize the benefit of infrastructure, ensuring the highest levels of efficiency in meeting industry needs, especially promoting the use of renewable energy. Dr. Mahmoud Esmat emphasized that the state paid great attention to the energy sector and the provision of electrical nutrition for uses and the availability of electrical current with high quality and continuity, pointing to the Ministry’s work program within the framework of the general trend to enhance the transformation of the green economy and diversify energy sources, the work plan for energy transformation, and expand the uses of new and renewable energies Including solar energy and wind energy. Esmat affirmed the continuation of work within the framework of the urgent plan to improve the level of services provided, improve the quality of nutrition, reduce loss, implement the sustainable development plan, optimize the resources, and provide ingredients to achieve the maximum economic return and encourage investment, as well as support and stimulate the participation of private sector in renewable energy projects and expand bilateral agreements between the sector Production to Private Projects. The Minister of Electricity explained that there is cooperation with various parties to achieve energy efficiency, in a way that benefits the national economy, explaining that the state’s strategy aims to benefit from natural wealth, especially new and renewable energy sources.
He pointed to the support and encouragement of the private sector and work on Increased participation and dependence on it through successful partnerships in the implementation of renewable energy projects, and that the ministry is working to open the way for it and provide the necessary support to increase the participation of local and foreign private investments within the framework of the state’s plan to achieve the energy and the energy mix.
on his part Engineer Mohamed Shimi stressed that the Ministry’s work strategy to update and develop its subsidiaries includes enhancing its ability to adapt to global variables and expand renewable energy projects and uses within the framework of Egypt’s Vision 2030 for sustainable development, as well as many initiatives to improve energy efficiency in industrial facilities, and promote innovation In new technologies that contribute to improving the environmental performance of the industrial sector, and supporting investments in green projects that achieve both economic and environmental benefits. Clean energy generation and energy efficiency, developing the local manufacturing system and maximizing added value, transferring modern technology, attracting more local and foreign private sector investments, environmental consensus and waste recycling resulting from manufacturing operations.
He pointed out that subsidiary companies are carried out Aminous projects in the field of renewable energy, which are an essential part of the Ministry’s strategy to update and enhance the productive capacity of national industries, and to expand the use of clean and sustainable energy sources. Production, by installing solar power plants and winds to generate electricity; This contributes to improving the efficiency of industrial production, providing energy, reducing the negative environmental effects resulting from the use of fossil fuels, and enhancing the competitiveness of Egyptian products in local and international markets.
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