GDPE0697ICR Egypt Power Market Outlook to 2030 sample

EGYPT POWER MARKET OUTLOOK TO 2030 - MARKET TRENDS, REGULATIONS AND

COMPETITIVE LANDSCAPE

REFERENCE CODE GDPE0697ICR | PUBLICATION DATE NOVEMBER 2013

Egypt Power Market Outlook to 2030 - Market Trends, Regulations and Competitive Landscape 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.



Executive Summary

Egypt is Highly Dependent on Gas-based Power Generation

An overwhelmingly high share of Egypt’s power

generation capacity mix is contributed by gas-

based power generation capacity. In 2012, it

accounted for XX% of the total installed capacity of

the country, which was XX Gigawatts (GW).

Installed hydropower capacity accounted for XX%

of the total installed capacity in 2012, followed by

oil-based capacity with XX% and renewable

sources with XX%. Within the renewables sector,

installed wind capacity contributed XX% of the total

installed capacity and the remaining XX% was

contributed by concentrated solar power.

Power Market, Egypt, Breakup of Cumulative Installed Capacity by Fuel Type (%), 2012

Gas (thermal)

Hydropower

Oil (thermal)

Renewables (onshore wind and solar power)

Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on November 5, 2013]

Continuous Increase in Electricity Consumption and Generation

Electricity consumption in Egypt increased from XX

Terawatt-hours (TWh) in 2000 to XX TWh in 2012,

at a Compound Annual Growth Rate (CAGR) of

XX%. During the same period, electricity

generation increased from XX TWh to XX TWh at a

CAGR of XX%. The growth in electricity

consumption was mostly due to increased use of

electric and electronic equipment in the residential

sector. Most of the electricity generation was

contributed by gas-based thermal power plants

during the 2000–2012 period.

Power Market, Egypt, Annual Electricity Consumption and Generation (TWh), 2000–2012

2000 2006 2012

Annu

al c

onsu

mpt

ion

and

gene

ratio

n

Annual consumption (TWh) Annual power generation (TWh) Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on November 5, 2013]




Table of Contents

1 Table of Contents

1 Table of Contents ....................................................................................................................... 4

1.1 List of Tables .......................................................................................................................... 7

1.2 List of Figures ......................................................................................................................... 8

2 Introduction ................................................................................................................................. 9

2.1 GlobalData Report Guidance ................................................................................................ 10

3 Egypt, Power Market, Snapshot ................................................................................................ 11

3.1 Egypt, Power Market, Macroeconomic Factors ..................................................................... 11

3.2 Egypt, Power Market, Supply Security .................................................................................. 14

3.3 Egypt, Power Market, Generation Infrastructure ................................................................... 14

3.4 Egypt, Power Market, Transmission Infrastructure................................................................ 15

3.5 Egypt, Power Market, Opportunities ..................................................................................... 15

3.6 Egypt, Power Market, Challenges ......................................................................................... 16

4 Egypt, Power Market, Market Analysis ...................................................................................... 17

4.1 Egypt, Power Market, Supply Structure ................................................................................ 17

4.2 Egypt, Power Market, Key Market Players ............................................................................ 19

4.3 Egypt, Power Market, Financial Deals .................................................................................. 20

4.3.1 Deal Volume and Value Analysis, 2004–H1 2013 ........................................................... 20

4.3.2 Deals, Split by Type, 2012 .............................................................................................. 21

4.4 Egypt, Power Market, Demand Structure .............................................................................. 22

4.4.1 Breakup of Consumption by Sector, 2012 ....................................................................... 24

5 Egypt, Power Market, Regulatory Scenario ............................................................................... 25




Table of Contents

5.1 Egypt, Power Market, Key Electricity Policies ....................................................................... 25

5.1.1 Electricity Law ................................................................................................................. 25

5.1.2 Power Sector Reforms .................................................................................................... 25

5.1.3 Build, Own, Operate, and Transfer Scheme.................................................................... 26

5.1.4 Renewable Energy Policies ............................................................................................ 26

5.2 Egypt, Power Market, Foreign Investment Scenario ............................................................. 27

6 Egypt, Power Market, Capacity and Generation Overview ........................................................ 28

6.1 Egypt, Power Market, Cumulative Installed Capacity, Breakup by Fuel Type, 2012.............. 28

6.2 Egypt, Power Market, Cumulative Installed Capacity and Annual Power Generation, 2000-

2030 ..................................................................................................................................... 29

6.2.1 Cumulative Installed Thermal Capacity and Annual Thermal Power Generation, 2000–

2030 ............................................................................................................................... 32

6.2.2 Cumulative Installed Hydro Capacity and Annual Hydropower Generation, 2000–2030.. 37

6.2.3 Cumulative Installed Nuclear Capacity and Annual Nuclear Power Generation, 2000–

2030 ............................................................................................................................... 40

6.2.4 Cumulative Installed Renewable Capacity and Annual Renewable Power Generation,

2000–2030...................................................................................................................... 42

7 Egypt, Power Market, Transmission and Distribution Overview ................................................ 45

7.1 Egypt, Power Market, Transmission Overview ...................................................................... 45

7.2 Egypt, Power Market, Distribution Overview ......................................................................... 47

7.3 Egypt, Power Market, Grid Interconnection........................................................................... 49

7.3.1 Electricity Import and Export Trends (2000–2011) .......................................................... 50

7.4 Egypt, Power Market, Electricity Trading .............................................................................. 51




Table of Contents

8 Egypt, Power Market, Competitive Landscape: Snapshot of Leading Power Generating

Companies ............................................................................................................................... 52

8.1 Key Company in the Egypt Power Market: Egyptian Electricity Holding Company ................ 52

8.1.1 Company Overview ........................................................................................................ 52

8.1.2 Business Description ...................................................................................................... 52

8.1.3 SWOT Overview ............................................................................................................. 53

9 Appendix................................................................................................................................... 57

9.1 Market Definitions ................................................................................................................. 57

9.1.1 Power ............................................................................................................................. 57

9.1.2 Installed Capacity ........................................................................................................... 57

9.1.3 Active Installed Capacity ................................................................................................. 57

9.1.4 Electricity Generation ...................................................................................................... 57

9.1.5 Electricity Consumption .................................................................................................. 57

9.1.6 Thermal Power Plant ...................................................................................................... 57

9.1.7 Hydropower Plant ........................................................................................................... 57

9.1.8 Nuclear Power ................................................................................................................ 58

9.1.9 Renewable Energy Resources........................................................................................ 58

9.2 Abbreviations........................................................................................................................ 58

9.3 Bibliography.......................................................................................................................... 59

9.4 GlobalData’s Methodology .................................................................................................... 60

9.4.1 Coverage ........................................................................................................................ 61

9.4.2 Secondary Research and Analysis ................................................................................. 61

9.4.3 Primary Research and Analysis ...................................................................................... 62




Table of Contents

9.5 Disclaimer ............................................................................................................................ 62

1.1 List of Tables

Table 1: Power Market, Egypt, Gross Domestic Product ($bn), Population (million), and Annual Power

Consumption (TWh), 2000–2018.................................................................................................... 13

Table 2: Power Market, Egypt, Market Share of Leading Power Generation Companies by Installed Capacity

(%), 2012 ....................................................................................................................................... 19

Table 3: Power Market, Egypt, Annual Deal Value ($bn) and Volume (units), 2004–H1 2013 ......................... 21

Table 4: Power Market, Egypt, Annual Electricity Consumption (TWh), 2000–2030 ...................................... 23

Table 5: Power Market, Egypt, Electricity Consumption by Sector (%), 2012 ................................................ 24

Table 6: Power Market, Egypt, Breakup of Cumulative Installed Capacity by Fuel Type (%), 2012 ............... 28

Table 7: Power Market, Egypt, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),

2000–2030 .................................................................................................................................... 31

Table 8: Power Market, Egypt, Leading Active Thermal Power Plants (MW), 2000–2012 ............................. 33

Table 9: Power Market, Egypt, Leading Upcoming Thermal Power Plants (MW), 2013–2020 ....................... 34

Table 10: Power Market, Egypt, Cumulative Installed Thermal Capacity (GW) and Annual Thermal Power

Generation (TWh), 2000–2030 ....................................................................................................... 36

Table 11: Power Market, Egypt, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower

Generation (TWh), 2000–2030 ....................................................................................................... 39

Table 12: Power Market, Egypt, Cumulative Installed Nuclear Power Capacity (GW) and Annual Nuclear

Power Generation (TWh), 2000–2030 ............................................................................................ 41

Table 13: Power Market, Egypt, Cumulative Installed Renewable Power Capacity (MW) and Annual Renewable Power Generation (GWh), 2000–2030 ......................................................................... 44

Table 14: Power Market, Egypt, Growth in Transmission Line Length (Ckm), 2000–2020 .............................. 46

Table 15: Power Market, Egypt, Growth in Distribution Line Length (Ckm), 2000–2020 .................................. 48

Table 16: Power Market, Egypt, Electricity Imports and Exports (TWh), 2000–2011 ....................................... 51

Table 17: Power Market, Egypt, SWOT Profile of Egyptian Electricity Holding Company, 2012 ...................... 53

Table 18: Abbreviations ................................................................................................................................. 58




Table of Contents

1.2 List of Figures

Figure 1: Power Market, Egypt, Gross Domestic Product ($bn), Population (million), and Annual Power

Consumption (TWh), 2000–2018 .................................................................................................. 12

Figure 2: Power Market, Egypt, Market Share of Leading Power Generation Companies by Installed Capacity

(%), 2012 ..................................................................................................................................... 19

Figure 3: Power Market, Egypt, Annual Deal Value ($bn) and Volume (units), 2004–H1 2013...................... 20

Figure 4: Power Market, Egypt, Annual Electricity Consumption (TWh), 2000–2030 .................................... 22

Figure 5: Power Market, Egypt, Electricity Consumption by Sector (%), 2012 .............................................. 24

Figure 6: Power Market, Egypt, Breakup of Cumulative Installed Capacity by Fuel Type (%), 2012 .............. 28

Figure 7: Power Market, Egypt, Cumulative Installed Capacity (GW) and Annual Power Generation (TWh),

2000–2030 ................................................................................................................................... 30

Figure 8: Power Market, Egypt, Cumulative Installed Thermal Capacity (GW) and Annual Thermal Power

Generation (TWh), 2000–2030 ..................................................................................................... 35

Figure 9: Power Market, Egypt, Cumulative Installed Hydropower Capacity (GW) and Annual Hydropower

Generation (TWh), 2000–2030 ..................................................................................................... 38

Figure 10: Power Market, Egypt, Cumulative Installed Nuclear Power Capacity (GW) and Annual Nuclear

Power Generation (TWh), 2000–2030 .......................................................................................... 40

Figure 11: Power Market, Egypt, Cumulative Installed Renewable Power Capacity (MW) and Annual

Renewable Power Generation (GWh), 2000–2030........................................................................ 43

Figure 12: Power Market, Egypt, Electricity Imports and Exports (TWh), 2000–2011 ..................................... 50




Introduction

2 Introduction

Egypt is a developing country, with its economy largely dependent on revenues earned through the

tourism sector and from traffic routed through the Suez Canal. Besides this, it has a well-developed

energy sector with substantial oil and gas exports. More than one-third of the working population is

directly or indirectly engaged in the agricultural sector. However, the contribution of agriculture to

the country’s Gross Domestic Product (GDP) was estimated at around XX% in 2012 (CIA, 2013).

Limited land availability, a growing population, and dependence on the Nile River have led to over-

exploitation of available resources.

The government initiated several economic reforms since 2004, including reducing tariffs and

taxes, ensuring transparency in the national budget, and promulgating legislation to promote

private sector development and increase competitiveness. However, the overall development of the

economy is adversely affected by factors like government intervention and the prevalence of

corruption. Several macroeconomic factors, including low consumer confidence, high inflation,

rising debt and labor problems act as major hindrances in the development of the economy. An

insight into the major challenges to the development of the power sector of the country has been

provided in chapter 4 of this report.

The global economic recession of 2008 resulted in a slow-down of the GDP growth rates. Before

the onset of the recession, the economy registered an average annual growth rate of XX% during

2000–2008. The GDP growth rate fell to around XX% in 2009 (IMF, 2013). The annual revenues

earned through the Suez Canal route declined sharply due to a drop in the overall traffic. Besides

that, the subsidy reform program started by the government in 2007 was halted due to the global

economic crisis. However, in 2009, there was some recovery in the economic situation of the

country due to high international oil prices.

Egypt registered a growth rate of XX% in 2011 over 2010 and this increased marginally to XX% in

2012 over 2011 (IMF, 2013). The services sector contributed the highest share of an estimated

XX% to the country’s GDP in 2012, followed by the industrial sector at XX% and the agricultural

sector at XX% (CIA, 2013). The country has good oil and gas reserves. The proven oil reserves

stand at an estimated XX million barrels and proven gas reserves stand at XX trillion cubic feet (BP

Statistical Review, 2013). Petroleum products, cotton, manufactured goods and some agricultural

products are the major export items of the country. The US, European Union, and the Middle East

are the most important export markets for Egypt.




Introduction

The Ministry of Electricity and Energy (MOEE) is the apex body responsible for overseeing and

implementing policies related to electricity generation, transmission and distribution. The Egyptian

Electrical Holding Company (EEHC) is the government-owned utility responsible for electricity

generation, transmission and distribution. The company regulates the work of its subsidiary

companies, which are also engaged in electricity-related activities. The New and Renewable

Energy Authority (NREA) was formed in 1986 to promote the development of renewable energy

plants in Egypt. The government formulated the energy strategy in 2008, prioritizing the

diversification of the energy mix and increasing the share of renewable energy in the country’s

power mix. The ministry has set a target of achieving XX% of the country’s generated electricity

through renewable energy sources by 2020.

2.1 GlobalData Report Guidance

The executive summary captures the key growth trends in Egypt’s power market.

Chapter three provides a snapshot of the key parameters that affect Egypt’s power sector, as

well as key points about the Egyptian power market.

Chapter four provides a power market analysis of Egypt.

Chapter five details the regulatory scenario of the power market and the inward foreign

investment scenario in Egypt.

Chapter six provides information on Egypt’s cumulative installed capacity and annual

generation trends, as a whole and also by individual generation source.

Chapter seven describes the power transmission and distribution infrastructure of Egypt and

includes information on interconnectors with neighboring countries. The section also covers

electricity imports and exports and upcoming grid-related projects in Egypt.

Chapter eight describes the competitive landscape of Egypt’s power market, with a complete

description and SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the

leading companies.

Note: All 2012 market numbers provided in the report are estimates except where actual data was

available.




Egypt, Power Market, Snapshot

3 Egypt, Power Market, Snapshot

3.1 Egypt, Power Market, Macroeconomic Factors

Egypt’s economy grew between 2000 and 2008 on the back of reforms aggressively followed by

the government of the time. The GDP growth rate (constant prices) reached highs of XX% and

XX% in 2007 and 2008, respectively. However, the benefits of this growth failed to trickle down to

the grassroots population and the government had to backtrack due to growing unrest. At the

height of the unrest in 2011, the GDP growth rate reached a low of XX%. It increased marginally in

2012 to XX%. The economy is forecast to grow at a Compound Annual Growth Rate (CAGR) of

XX% between 2013 and 2018.

The population of the country, which was XX million in 2000, increased at a CAGR of XX% to reach

XX million by 2012, and is expected to continue increasing at the same rate until 2018.

Electricity consumption has thus been increasing, backed by the dual effects of a growing economy

(at least up until 2008) and population growth. It might just be observed that growth in electricity

consumption had continued until 2011 at an average of XX% per year (not a CAGR but an average

of year-on-year growth rates). Power consumption drastically reduced in 2012, decreasing by XX%

over 2011, but is expected to pick up by the end of 2013 and maintain an annual growth rate

between XX% and XX% up to 2016. Thereafter, consumption is expected to accelerate even

further, increasing between XX% and XX% per year.





Figure 1: Power Market, Egypt, Gross Domestic Product ($bn), Population (million), and Annual Power Consumption (TWh), 2000–2018

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Ann

ual e

lect

ricity

con

sum

ptio

n

GD

P a

nd p

opul

atio

n

GDP (constant prices) ($bn) Population (million) Total consumption (TWh) Source: GlobalData; IMF, 2013





Table 1: Power Market, Egypt, Gross Domestic Product ($bn), Population (million), and Annual Power Consumption (TWh), 2000–2018

Year GDP (constant prices) Population Total consumption

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Source: GlobalData; IMF, 2013




Egypt, Power Market, Market Analysis

4.2 Egypt, Power Market, Key Market Players

As of 2012, EEHC was the largest electricity company in the Egyptian electricity sector in terms of

installed company accounting for more than XX% of the total installed capacity. If the share is split

into individual shares for the affiliate companies of EEHC, the Cairo generation company had the

largest share of the total installed capacity in 2012 at XX%, followed by West Delta at XX%, Middle

Delta at XX%, East Delta at XX%, Upper Egypt at XX%, Hydro-Power Plants at XX%, renewable

power plants at XX%, and Independent Power Producers (IPP) at XX%.

Figure 2: Power Market, Egypt, Market Share of Leading Power Generation Companies by Installed Capacity (%), 2012

Cairo

West Delta

Middle Delta

East Delta

Upper Egypt

Hydro

RenewableIPPs

Source: GlobalData; EEHC, 2013a

Table 2: Power Market, Egypt, Market Share of Leading Power Generation Companies by Installed Capacity (%), 2012

Company Share

Cairo

West Delta

Middle Delta

East Delta

Upper Egypt

Hydro

Renewable

IPPs

Source: GlobalData; EEHC, 2013a




Appendix

9 Appendix

9.1 Market Definitions

9.1.1 Power

Power refers to the rate of production, transfer or energy use, usually related to electricity. It is

measured in watts and often expressed in kilowatts (kW) or Megawatts (MW). It is also known as

"real" or "active" power.

9.1.2 Installed Capacity

This term refers to the generator’s nameplate capacity, as stated by the manufacturer, or the

maximum rated output of a generator under given conditions. It is given in MW on a nameplate

affixed to the generator.

9.1.3 Active Installed Capacity

This refers to the component of electric power that actually performs work, given in kW or MW.

9.1.4 Electricity Generation

This refers to the production of electric energy, achieved through the transformation of other forms

of energy. It also refers to the amount of electric energy produced and is measured in Gigawatt-

hours (GWh).

9.1.5 Electricity Consumption

Electricity consumption is the sum of electricity generated, plus imports, minus exports, minus

transmission and distribution losses. It is measured in GWh.

9.1.6 Thermal Power Plant

A thermal power plant is a plant in which the turbine generators are driven by burning fossil fuels.

9.1.7 Hydropower Plant

A hydropower plant is a plant in which the turbine generators are driven by falling water.




Appendix

9.1.8 Nuclear Power

Nuclear power refers to electricity generated by the use of thermal energy released from the fission

of nuclear fuel in a reactor.

9.1.9 Renewable Energy Resources

Renewable energy resources are naturally replenishing energy resources that are limited in the

amount of energy available per unit of time. Biomass, geothermal, solar and wind energy are all

examples of renewable resources.

9.2 Abbreviations

Table 18: Abbreviations AUPTDE Arab Union of Electricity

BOOT Build, Own, Operate, and Transfer

CAGR Compound Annual Growth Rate

CCGT Combined-Cycle Gas Turbine

Ckm Circuit kilometer

EEA Egyptian Electricity Authority

EEHC Egyptian Electrical Holding Company

EETC Egyptian Electricity Transmission Company

EIJLLPST Egypt, Iraq, Jordan, Libya, Lebanon, Palestine, Syria, and Turkey

FDI Foreign Direct Investment

GAFI General Authority for Investment and Free Zones

GDP Gross Domestic Product

GW Gigawatt

IPP Independent Power Producer

kV kilovolt

MOEE Ministry of Electricity and Energy

MW Megawatt

NREA New and Renewable Energy Authority

SWOT Strengths, Weaknesses, Opportunities and Threats

T&D Transmission and Distribution

TPA Third-Party Access

TSO Transmission System Operator

TWh Terawatt hour

Source: GlobalData




Appendix

9.3 Bibliography

Al-Baqmi S (2013). “Saudi Arabia and Egypt sign historic electricity exchange agreement”,

Asharq Al Awsat, June 4, 2013. Available from:

http://www.aawsat.net/2013/06/article55304373 [Accessed on November 2, 2013].

AUPTDE (2013). Exchange Energy (GWh). Arab Union of Electricity, 2012. Available from:

http://www.auptde.org/Article_Files/main2012.pdf

BP Statistical Review, 2013. BP Statistical Review of World Energy, June 2013 [database].

Available from: http://www.bp.com/content/dam/bp/excel/Statistical-

Review/statistical_review_of_world_energy_2013_workbook.xlsx [Accessed on November 2,

2013].

CIA (2013). Egypt: The World Factbook. Central Intelligence Agency. Available from: https

https://www.cia.gov/library/publications/the-world-factbook/geos/eg.html [Accessed on

November 2, 2013].

Daily News Egypt (2013). “Energy Ministry: 5500 Megawatts to be allocated to private sector”,

Daily News Egypt, March 2, 2013. Available from:

http://www.dailynewsegypt.com/2013/03/02/energy-ministry-5500-megawatts-to-be-allocated-

to-private-sector/ [Accessed on November 4, 2013].

EEHC (2013a). Annual Report, 2011/2012. Egyptian Electricity Holding Company. Available

from: http://www.moee.gov.eg/english_new/report.aspx [Accessed on November 3, 2013].

EEHC (2013b). Distribution Companies. Egyptian Electricity Holding Company. Available from:

http://www.egelec.com/mysite1/eehc/distributioncomp.htm [Accessed on November 2, 2013]

EIA (2013a). Total Electricity Imports [database]. Available from:

http://www.eia.gov/cfapps/ipdbproject/XMLinclude_3.cfm?tid=2&pid=2&pdid=&aid=3&cid=EG&

titleStr=Total%20Electricity%20Imports%20(Billion%20Kilowatthours)&syid=2000&eyid=2012&f

orm=&defaultid=0&typeOfUnit=STDUNIT&unit=BKWH&products= [Accessed on November 2,

2013].




Appendix

EIA (2013b). Total Electricity Exports [database]. Available from:

http://www.eia.gov/cfapps/ipdbproject/XMLinclude_3.cfm?tid=2&pid=2&pdid=&aid=4&cid=EG&

titleStr=Total%20Electricity%20Exports%20(Billion%20Kilowatthours)&syid=2000&eyid=2012&

form=&defaultid=0&typeOfUnit=STDUNIT&unit=BKWH&products= [Accessed on November 2,

2013].

IMF (2013). World Economic Outlook Database, April 2013 [database]. Available from:

http://www.imf.org/external/pubs/ft/weo/2013/01/weodata/download.aspx [Accessed on

September 16, 2013].

Norton Rose Fullbright (2013). Renewable energy in Egypt: hydro, solar and wind. Norton

Rose Fulbright, January 2013. Available from:

http://www.nortonrosefulbright.com/knowledge/publications/74735/rene [Accessed on

November 2, 2013].

Solayman H (2013). “Who's investing in Egypt? A look at economic trends following the

revolution [Report]”, Wamda, June 9, 2013. Available on: http://www.wamda.com/2013/06/who-

s-investing-in-egypt-economic-trends-after-revolution-report [Accessed on November 2, 2013].

The World Bank (2013). Ease of Doing Business in Egypt, Arab Rep. The World Bank Group,

2013. Available from: http://www.doingbusiness.org/data/exploreeconomies/egypt/ [Accessed

on November 6, 2013].

US Department of State (2013). 2013 Investment Climate Statement – Egypt. Bureau of

Economic and Business Affairs, US Department of State, February 2013. Available from:

http://www.state.gov/e/eb/rls/othr/ics/2013/204635.htm [Accessed on November 2, 2013].

9.4 GlobalData’s Methodology

GlobalData’s dedicated research and analysis teams consist of experienced professionals with

backgrounds in marketing, market research and consulting in the power industry, and advanced

statistical expertise.

GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and

the Strategic and Competitive Intelligence Professionals (www.scip.org) .




Appendix

The following research methodology is followed for all country outlook reports.

9.4.1 Coverage

This report gives detailed information on Egypt’s power market. It examines Egypt’s power market

structure and provides historical and forecast numbers for generation, capacity and consumption

up to 2030. The report provides insights on the market’s regulatory structure, import and export

trends, competitive landscape and leading active and upcoming power projects.

9.4.2 Secondary Research and Analysis

The capacity, generation and consumption data is collected and validated using a number of

secondary resources, including, but not limited to:

Government agencies, ministerial websites, industry associations, the World Bank, statistical

databases

Company websites, annual reports, financial reports, broker reports and investor presentations

Industry trade journals, market reports and other literature

GlobalData’s proprietary databases, including the Capacity and Generation Database, the

Power Plant Database and the Transmission and Distribution Database

Further to this, the following secondary information is collected and analyzed to project Egypt’s

power market scenario through to 2030, analyzing factors such as the following:

Egypt’s macroeconomic scenario

Government regulations, policies and targets

Government and private sector investments

Contract and deal announcements

Utility expansion plans

The sector’s historic track record

Other qualitative insights built through secondary research and analysis of company websites,

annual reports, investor presentations, industry and trade journals, and data from industry

associations




Appendix

9.4.3 Primary Research and Analysis

Secondary research is further complemented through primary interviews with industry participants

to verify and fine-tune the market numbers obtained through secondary research and gain first-

hand information on industry trends.

The participants are drawn from a diverse set of backgrounds, including equipment manufacturers,

industry associations, government bodies, utilities, distributors, and academia. The participants

include, but are not limited to, C-level executives, industry consultants, academic experts, business

development and sales managers, purchasing managers, plant managers, government officials,

and industry spokespeople.

9.5 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any

form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior

permission of the publisher, GlobalData.

This report is a licensed product and should not to be reproduced without prior permission.

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GDPE0697ICR Egypt Power Market Outlook to 2030 sample