Boston, MA -- (SBWIRE) -- 01/27/2015 -- Egypt is in desperate need of increased power capacity, as the country's energy infrastructure struggles to cope with the demand for power. However, with the political situation still in a state of flux and the economic outlook remaining poor, Egypt's ability to channel investment towards the sector is likely to remain limited in the medium term. With electricity remaining a hot political issue, the government is likely to concentrate its efforts on reforming its elaborate system of energy subsidies, which in addition to pushing up demand for energy has had a deleterious impact on government finances.

Egypt's power sector is enduring a challenging period. With economic growth hinging on the provision of adequate and reliable power to vital sectors (ranging from industry and agriculture to tourism and transport), the expansion of Egypt's electricity infrastructure has long been a key priority for the government. An ambitious power sector investment programme was implemented over two phases from 2002-2012, adding 18,850 megawatts (MW) of new capacity. Nevertheless, persistent power shortages continue to blight the sector, demonstrating the need to continue to build capacity, and making the development of the sector an even more urgent priority for the country.

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Egypt had originally outlined plans to install 30,000MW of capacity between 2010 and 2020, with annual investment in power infrastructure initially targeted at USD3bn, including significant investments in renewable energy. However, the ongoing political and social unrest that emerged following the outbreak of the Arab Spring has disrupted these plans, discouraging investment and draining government finances. At this point it is difficult to see the country coming close to meeting these targets without a dramatic turnaround in its political fortunes. Other problems include the required re-prioritisation of natural gas feedstock away from exports and towards domestic consumption, as well as the...

The Egypt Power Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Egypt Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

- Use BMI's independent industry forecasts for Egypt to test other views - a key input for successful budgeting and strategic planning in the power market.

- Target business opportunities and risks Egypt's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Egypt

- Assess the activities, strategy and market position of your competitors, partners and clients via our Competitive Landscape analysis.

Coverage

BMI Industry View

Summary of BMI?s key industry forecasts, views and trend analysis, covering power markets, regulatory changes, major investments, projects and company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the power sector and within the broader political, economic and business environment.

BMI?s Power Forecast Scenario

Forecasts to end-2024 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

- Generation: Electricity generation total, thermal, coal, natural gas, oil, nuclear, hydropower, hydro-electric pumped storage and non-hydropower renewables.

- Transmission and Distribution Losses: Electric power transmission and distribution losses.

- Trade: Total imports and exports.

- Electricity Consumption: Net consumption.

- Electricity Capacity: Capacity net, conventional thermal, nuclear, hydropower and non-hydroelectric renewables.

BMI?s Power Risk Reward Index

BMI?s Risk Reward Indices provide investors (power companies, service companies and equity investors) looking for opportunities in the region with a clear country-comparative assessment of a market?s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors,

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