Mohamed Shaker, the Minister of Electricity and Renewable Energy, confirmed that the amount of fuel saved in recent years since the beginning of expansions and developments in the network and the establishment of Siemens’ giant power plants equals the cost of building 3 new power plants.
Shaker explained that the quantity of fuel used to produce one kilowatt-hour was 214 kilograms, noting that the current average fuel used to produce one kilowatt-hour is 171 kilograms, which is a very good rate. This is a result of improving the efficiency of old power plants and constructing new plants with the highest international standards, including the three giant Siemens plants in Beni Suef, Burullus, and the New Administrative Capital.
Shaker stated that the sector aims to reduce the reliance on fuel used for electricity production to about 30% by 2030. He emphasized that the ministry plans to achieve this by expanding renewable energy projects and green hydrogen to provide fuel that can be utilized for export purposes.
Furthermore, Shaker mentioned that the fuel used for electricity production has decreased by approximately 20% compared to previous years. He revealed that this reduction is due to several measures implemented by the ministry since 2014, the most significant of which is the expansion of reliance on renewable energy.