This content is exclusively provided by FAO / FAOLEX

Egyptian Petroleum Sector Energy Efficiency Strategy 2022-2035.

Country
Type of law
Policy
Source

Abstract
This first Egyptian Petroleum Sector Energy Efficiency Strategy 2022-2035 is a subsectoral document aimed at providing the tools for contributing to Egypt's future economic development and securing energy optimally while protecting the environment to provide a better quality of life for all in the future. The Strategy (i) represents a guide for how to improve the energy efficiency in the petroleum sector and rationalize the use of the petroleum products; (ii) provides guidance on the best energy efficiency measures, shows the pathway to reduce GHG emissions in line with the objectives of Egypt’s vision 2030; (iii) indicates how to improve the performance of the sector, enhance the competitiveness of the business in alignment with the best industry practices while achieving the decarbonization targets to secure Egypt's energy needs through the implementation of energy efficiency measures. The Strategy uses a two-stage approach. The first stage (2022-2027) focuses on building a foundation by addressing barriers, developing the energy efficiency market, integrating energy efficiency into corporate culture, and assessing the potential of major energy consumers. The objective of this stage is to overcome the EE barriers, enabling the EE market to mature. As a result, EE capacities will be strengthened, and the enabling environment will become more favorable to EE projects. The target for Stage I is to achieve 10 % energy saving by 2027. The second stage (2025-2035) builds on this by scaling up these activities to achieve significant energy savings, with a particular focus on the liquid fuel consumption of the transport sector. The target for this Stage is to achieve energy savings of 18% of the 2035 energy consumption level.
To achieve the two strategic objectives and targets, the following policy goals are identified: (1) Goals of Stage I are (i) develop the legal/regulatory and institutional framework; (ii) building the capacity of Egyptian Energy Conservation Department (EECD), holding companies, and affiliated companies; (iii) raise Energy Efficiency awareness; (iv) develop EE financing schemes; (v) identify Energy saving potential; (vi) realize the full potential of low-cost EE opportunities across the sector. (2) Goals of Stage II are (i) promote EE in processes and equipment; (ii) benchmark major energy consumers against industry standards; (iii) minimize gas venting and routine flaring; (iv) improve EE in road transport; (v) harness the potential of RE across the sector.
Date of text
Entry into force notes
2022 - 2035.
Repealed
No
Publication reference
Ministry Of Petroleum and Mineral Resources.
Source language

English

Legislation Amendment
No