Egypt aims to increase the share of renewable energy in electricity generation to 42% by 2035, compared to 20% in 2022. This strategy is based on Egypt’s desire to reduce dependence on fossil fuels. The Egyptian government aims to reduce dependence on fossil fuels and increase the overall share of renewable energy sources in electricity generation to meet the growing demand for energy. This shift aims to reduce the negative effects resulting from dependence on fossil fuels, such as high carbon emissions, higher energy intensity, and increased subsidies for fossil fuels. According to NREA (2023), the total electricity generation from … Continue reading →
Many people who love to live off-grid or practice being self sufficient love the premise of cryptocurrency. It is perfectly aligned with the ethos of those who wish to unplug from the mainstream and do things their own way. Since cryptocurrency is decentralized and has no governing authority it seems like it should be a perfect fit for these types of people. Unfortunately there is one glaring area which makes bitcoin and other cryptocurrency an anathema to those off-grid lifestylers. The mining of cryptocurrency is a huge user of energy which relies mainly on fossil fuels. In fact, the output … Continue reading →
The oldest and most prominent sources of renewable energy can be separated into five clear categories – hydropower, solar energy, wind energy, geothermal energy and bioenergy. To document the history of these renewable energy sources from primitive use through the industrial revolution and into the 21st century, Compare the Market has created an infographic that tracks the known timeline of each source. The research that went into informing the infographic also touches on the future of each energy source, including the countries that are leading the way by means of capacity and implementation of new technologies. Some of the most … Continue reading →
Morocco, being the largest energy importer in North Africa, is making concerted efforts to reduce its reliance on imported fossil fuels. The country currently imports 95% of its energy needs which creates strong dependence on foreign energy imports. Renewable energy is an attractive proposition as Morocco has almost complete dependence on imported energy carriers. Morocco is already spending over US$3 billion a year on fuel and electricity imports and is experiencing power demand growth of 6.5 per cent a year. Morocco is investing heavily in the power sector by building new power plants such as expansion of coal power plant in JorfLasfer and establishment … Continue reading →
Amongst the most important inter-dependencies in the Arab countries is the water-energy nexus, where all the socio-economic development sectors rely on the sustainable provision of these two resources. In addition to their central and strategic importance to the region, these two resources are strongly interrelated and becoming increasingly inextricably linked as the water scarcity in the region increases. In the water value chain, energy is required in all segments; energy is used in almost every stage of the water cycle: extracting groundwater, feeding desalination plants with its raw sea/brackish waters and producing freshwater, pumping, conveying, and distributing freshwater, collecting wastewater … Continue reading →
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