Egypt has launched a nationwide electricity conservation plan aimed at avoiding power outages following Prime Minister Mostafa Madbouly’s announcement affirming the government’s commitment to maintaining the electricity supply during the summer despite ongoing regional tensions.

Prime Minister Mostafa Madbouly has confirmed that the government has no plans to return to electricity load shedding, despite the significant financial burdens it would impose, emphasizing that such measures are not part of the government’s future scenario.

The European Bank for Reconstruction and Development (EBRD) has revised Egypt's economic growth forecast for 2024, with energy and electricity disruptions persisting as down risks.

Minister of Electricity and Renewable Energy Mahmoud Esmat announced a series of initiatives as part of efforts to combat electricity theft and improve service quality.

Egypt has secured at least $200 million in financing from Saudi Arabia and Libya to purchase natural gas cargoes this summer amid its energy crisis.

Egypt is planning to import up to 17 new shipments of liquefied natural gas (LNG) during the fourth quarter (Q4) of this year.

The Egyptian petroleum sector has successfully met the fuel demands of power stations, marking a key milestone in the government's plan to end electricity load reduction starting July 21st.

Egyptian Prime Minister Mostafa Madbouly announced that the country will stop reducing electrical loads from next Sunday, July 21st, until the end of the summer.

The Egyptian Natural Gas Holding Company (EGAS) has received five shipments of around 155,000 cubic meters of liquified natural gas (LNG) on board two regasification ships at Sumed port in Ain Sokhna and Aqaba port.

Egypt is cooperating with the Emirati government on integrating four gigawatts of renewable energy into its power grid by next summer, alongside efforts to localize related industries.

The Egyptian government has reinstated the two-hour daily load reduction plan instead of three hours, as per a statement.

The Ministries of Electricity and Petroleum have decided to extend the duration of daily power cuts under the electricity load reduction scheme for an extra hour until the end of this week, as per a statement by Egyptian Electricity Holding Company (EEHC) on June 24th.

The government has decided to extend the duration of daily power cuts under the electricity load reduction scheme for an extra hour on June 23rd and 24th, Ministries of Electricity and Petroleum announced.

The government has set a plan to halt daily power cuts under the electricity load reduction scheme before the end of 2024, Minister of Electricity and Renewable Energy Mohamed Shaker told Arab Finance.

The heatwave that is hitting Egypt has raised electricity consumption by 8% within two days to 32,300 megawatts, an unnamed official from the Egyptian Ministry of Electricity said.

The Egyptian Electricity Holding Company (EEHC) has announced modifications to the existing electricity load reduction plan, effective from May 8th until July 20th.