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EgyptERA celebrated the closing of its EU Twinning project in partnership with the Hellenic and Italian energy regulators
24 August 2017
|
Cairo, Egypt
On the 24th of August 2017 in Cairo, the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) celebrated the closing of its EU Twinning project in partnership with the Regulatory Authority for Energy of the Hellenic Republic (RAE), and the Italian Regulatory Authority for Electricity, Gas, and Water (AEEGSI). The project formed part of efforts to develop the Egyptian electricity sector under the auspices of the Ministry of Electricity and Renewable Energy and the Support to the Association Agreement Programme (SAAP) of the Ministry of International Cooperation, with funds from the European Union.

The project was run over 19 months with a total budget of 1,225,000 Euros. The project’s closing ceremony was attended by His Excellency Minister of Electricity and Renewable Energy
Dr. Mohammed Shaker, Her Excellency Minister of Investment & International Cooperation
Dr. Sahar Nasr and His Excellency Head of the European Union Delegation in Egypt Ambassador James Moran. Furthermore, ambassadors of Greece and Italy in Egypt along with representatives of the respective energy regulatory authorities of the two countries took part in the event.

This project has positively contributed to the development of the Electricity & Renewable Energy sector in Egypt. It delivered a comprehensive view to improve the electricity service based on the International Standards in line with Egypt’s Sustainable Development Strategy 2030. Additionally, implementing the project’s outcomes will result in creating a competitive environment within the sector which will be reflected in the improvement of the quality of service provided. The Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) has already received three previous stages of technical support by the Ministry of International Cooperation’s SAAP to support government agencies.

This support resulted in many achievements, including the restructuring of the electricity tariff program and the development of its five-year plan, which was put into effect by the cabinet in July 2014 and runs until July 2019. The twinning project comes as a fourth stage to help EgyptERA’s efforts to create a competitive electricity market in accordance with the requirements of the Electricity Law.

About the Twinning Project’s Components

The twinning project has three main components that are designed to manage the first transitional phase of the development of the electricity sector by applying the legal and regulatory framework, systems and standards and performance evaluation and measurement.

These Components are:

  • Component A – Electricity Market transition: This component had provided a full view of the Competitive Electricity Market phases illustrating the characteristics of each phase along with its eligible participants;
  • Component B – Legal and Regulatory Framework: This component was highly concerned with the development of the Licenses system in the Regulator especially the one’s concerned with Renewable Energy projects. Additionally, the project had set up and identified roles for Public Hearing & Dispute Resolution based on International Standards.
  • Component C – Standards, Performance Assessment and Benchmarking, Investment Planning: This Component had provided the methodology for evaluating the Investment planning projects. This will empower the Transmission System Operator to better decide and prioritize the investments in the Grid.
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