Egypt aims to increase renewables’ contribution to energy mix to 60 by 2040

The recently-approved strategy focuses on increasing reliance on renewable energy sources, rationalizing the use of traditional energy and reducing dependence on fossil fuels to cut carbon emissions and foster the transition to green economy, the minister added.

The minister made the remarks while he was reviewing a report on the Electricity Ministry’s action plan for raising the supply of electricity generated from renewables in the energy mix to 42 per cent by 2030 and the new energy strategy for 2040.