Egypt’s Ministry of Electricity and Renewable Energy and the New and Renewable Energy Authority (NREA) together with the International Renewable Energy Agency (IRENA) will co-organise the country’s first high-level renewable energy conference in the Egyptian capital, Cairo next week. The three-day Egypt Renewable Energy Conference, held from October 9-11, will seek to advance renewables development in the country and will feature the release of IRENA’s Egypt Renewable Energy Outlook report, a comprehensive assessment of Egypt’s full renewable energy potential.
Egypt aims to source 20 per cent of its electricity from renewable sources by 2022, rising to 42 per cent by 2035 as it works to meet rising demand for power. Total installed capacity currently stands at around 3.9 gigawatts, much of which is from hydropower.
“Our Integrated Sustainable Energy Strategy 2035 supports the development of a diversified, competitive and balanced economy within the framework of sustainable development,” said H.E. Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy. “With renewable energy at the heart of this strategy, IRENA’s role in identifying our potential and advising on the practical steps required to succeed, is key. The Renewable Energy Conference greatly supports this process and we look forward to bringing the investment and policy community together in Cairo to support our national efforts to establish Egypt as a regional hub for clean energy,” he concluded.
The conference will convene investors and national policy makers from Egypt and across the Middle East and North Africa region to advance energy transformation across Egypt as it pursues short and medium-term targets, and capitalise on falling technology costs. IRENA Director-General Mr. Adnan Z. Amin will present the report’s key findings in the presence of ministers and high-level guests.
“Egypt has established its renewable energy ambition and this commitment is evidenced by progress made on world class projects such as the Benban Solar Park in Aswan, which will be one of the world’s largest solar parks once complete,” said Mr. Adnan Z. Amin. “In a country such as Egypt, which possesses tremendous resource potential, sustainable energy can be the backbone of its long-term energy planning.
“By strengthening the enabling environment for renewable energy investment and development, Egypt can increase the speed of its energy transformation, bringing wider economic benefits to the country such as job creation, health improvements and energy security,” concluded Mr. Amin.
Following a presentation of the report and its recommendations the conference will focus on a number of important topics relevant to renewable energy development in Egypt. The sessions will be followed by a training workshop conducted by IRENA on renewable energy project development, which supports the Pan-Arab Clean Energy (PACE) initiative – a regional initiative aiming to promote the integration of greater shares of renewables into power systems in the Arab region. The workshop will inform project developers on the tools available to them that can assist in the development of successful renewable energy projects in the region.
Key topics to be discussed at the event include:
- Renewable energy deployment policies, featuring ministers and CEO-level participants from across the Middle East and North Africa region and the world
- Renewable energy investments, identifying the investment frameworks necessary to accelerate the progression of renewables deployment in Egypt
- Job creation and manufacturing capacity, exploring ways to ensure domestic businesses are positioned to capitalize on the development of a clear, long-term government programme
IRENA’s Collaborative Framework on Hydropower Takes Shape
Advancing the discussion from June 2020, the International Renewable Energy Agency (IRENA) held its second meeting of the Collaborative Framework on Hydropower. With more than 100 attendees from 49 Members and States in Accession, the virtual meeting witnessed a high level of engagement to take advantage of the knowledge and expertise that exists within the Agency and its global Membership. The two-hour session was moderated by H.E. Mr. Jean-Christophe Fueeg, Head of International Energy Affairs at the Federal Department of the Environment, Transport, Energy and Communications of Switzerland.
Today, hydropower is the largest source of renewable energy worldwide, and its development is considered essential in driving the energy transition forward. IRENA Members have, over the years and as recently as the last Assembly, requested IRENA to expand its work on hydropower and facilitate targeted collaboration for the continued deployment of hydropower technologies.
Providing the opening remarks, IRENA’s Director-General Francesco La Camera said: “As an enabler for integrating higher shares of renewable energy into power systems, hydropower is set to play an important role in the energy transition and will be critical to the decarbonisation of economies. Promoting the continued deployment of hydropower has been, and remains, an important part of IRENA’s work.”
IRENA launched the Collaborative Framework on Hydropower to address pressing challenges and seize potential opportunities. During its kick-off meeting in June, Members agreed on the thematic scope of the Collaborative Framework, including the need to ensure the continued development of hydropower in a sustainable manner, the relevance of hydropower as flexibility provider and enabler for the integration of high shares of variable renewables (VRE), the need for adequate remuneration of services through business models and market structures and the role of hydropower in climate resilience. Other topics of interest included innovative solutions and operation and maintenance practices.
Member countries also decided to bring in hydropower stakeholders from the public and private sector as well as intergovernmental and non-governmental actors. In response, the International Hydropower Association (IHA) and the World Bank were invited to the second meeting to discuss their future engagement in the Collaborative Framework with the IRENA membership.
On the basis of proposals by IRENA, Members agreed on the modalities for future meetings, enabling the Collaborative Framework on Hydropower to take further shape.
Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide
Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA) today. The seventh edition of Renewable Energy and Jobs – Annual Review shows that jobs in the sector reached 11.5 million globally last year, led by solar PV with some 3.8 million jobs, or a third of the total.
“Adopting renewables creates jobs and boosts local income in both developed and developing energy markets,” said IRENA’s Director-General Francesco La Camera. “While today we see a handful of countries in the lead, each country can harness its renewable potential, take steps to leverage local capabilities for industrial development, and train its workers.”
Last year, sixty-three per cent of all renewables jobs were recorded in Asia, confirming the region’s status as a market leader, the new report reveals. Biofuels jobs followed closely behind solar PV, reaching 2.5 million. Many of these jobs are in the agricultural supply chain, particularly in countries like Brazil, Colombia, Malaysia, the Philippines and Thailand, with labour-intensive operations. Other large employers in the renewables sector are the hydropower and wind industries, with close to 2 million and 1.2 million jobs, respectively.
Renewables jobs have shown more inclusion and a better gender balance than fossil fuels. The report highlights that women held 32 per cent of total renewables jobs, as opposed to 21 per cent in fossil fuels sectors.
Although precise estimates remain scarce and absolute numbers are small for now, off-grid renewables are creating growing employment, led by solar technology. Decentralised renewable energy can also propel productive uses in rural areas. This job multiplier effect can be seen in farming and food processing, healthcare, communications, and local commerce.
Comprehensive policies, led by education and training measures, labour market interventions, and industrial policies that support the leveraging of local capacities, are essential for sustaining the renewables jobs expansion.
The 2020 edition of the Annual Review highlights promising initiatives to support the education and training of workers. Such efforts revolve around vocational training, curricula-building, teacher training, the use of information and communications technology, promotion of innovative public-private partnerships, and recruitment of under-represented groups such as women.
Policymakers must also prioritise reskilling for fossil fuel sector workers who have lost or are at risk of losing their livelihoods. Many have considerable skills and expertise to contribute to a reoriented, clean energy industry.
The world has seen encouraging growth in renewables jobs. But it can bring about much larger employment by adopting a comprehensive policy framework that drives the energy transition. Never has the importance of such a push been clearer than at this momentous juncture. Even as the world is still dealing with the COVID-19 pandemic, humanity receives near-daily reminders of what lies in store if we fail to address the gathering climate disruptions.
The need to chart a different course is undeniable, as are the benefits to be reaped. IRENA’s recently-released Post-COVID Recovery Agenda found that an ambitious stimulus programme could create up to 5.5 million more jobs over the next three years than a business-as-usual approach. Such an initiative would also allow the world to stay on track for creating the 42 million renewables jobs that the agency’s Global Renewables Outlook projects for 2050.
Read the full report
Pakistan Making Shift to Clean Power Production and Lower Energy Costs
Today, the World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.
The Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project will help shift the national energy mix to domestic clean resources by investing in renewable energy generation, including hydropower and solar, in Khyber Pakhtunkhwa province. It will also help strengthen energy sector institutions to better manage a growing portfolio of renewable energy projects across the province.
“This project supports Pakistan’s goal to become a low-carbon, renewable energy-reliant economy by 2030 and contributes to its national target in reducing greenhouse gas emissions to combat climate change,” said Najy Benhassine, World Bank Country Director for Pakistan. “It will facilitate the expansion of renewable energy in Khyber Pakhtunkhwa by identifying and preparing solar and hydropower projects that are technically sound, environmentally and socially sustainable, and investment ready.”
The project will provide low-cost and low-carbon electricity to consumers and will support the economic development of those communities near the hydropower and solar projects by revitalizing infrastructure, creating jobs, and supporting the development of tourism activities.
“To scale up renewable energy in Khyber Pakhtunkhwa, the project includes a comprehensive skills training program to build technical capacity in identifying investment opportunities, preparing projects, and mobilizing commercial financing,” said Mohammad Saqib, Task Team Leader for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development project. “In addition, by installing solar photovoltaic systems onto hydropower assets, production capacity is expected to rise and generate greater return on investments.”
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