Lifecycle
- Effective
- Last change
Country / jurisdiction: Egypt · Year: 2014 · Status: In force · Level: National · Type: Voluntary
In September 2014 the Ministry of Electricity & Energy and the Regulatory Agency launched feed-in tariff support system for solar PV and wind projects with capacity less than 50 MW.
The goal of the FIT programme is to boost renewable energy production in Egypt and to reach 2300 MW of PV capacity and 2000 MW of wind capacity.
Feed-in tariff prices for PV systems
Capacity
Source of finance
Duration of the support
Feed-in tariff levels in Pt/kWh
Less than 200 kW
Self-finance OR soft loan from the Ministry of Finance (4% interest rate)
25 years
84.8
Self-finance WITH soft term from Ministry of Finance (4% interest rate)
90.1
200 kW – 500 kW
Local finance with local currency WITH soft terms from the Ministry of Finance (8% interest rate)
97.3
500 kW – 20 MW
Foreign finance
97.3 (or equivalent of USDcent 13.6)
20 MW – 50 MW
Foreign finance
102.5 (or equivalent of USDcent 14.34)
Feed-in tariff prices for wind projects
No. of operational hours
1 st phase price (5 years)
2 nd phase prices (15 years)
Overall duration of the support
USDcent/kWh
Pt/kWh
USDcent/kWh
Pt/kWh
2500
11.48
82.08
11.48
82.08
20 years
2600
10.56
75.53
2700
9.71
69.46
2800
8.93
63.83
2900
8.19
58.68
3000
7.51
53.68
3100
9.57
68.4
8.93
63.82
3200
8.33
59.53
3300
7.76
55.49
3400
7.23
51.70
3500
6.73
48.12
3600
6.26
44.73
3700
5.81
41.54
3800
5.39
38.51
4000
4.60
32.90
Recipients of the feed-in tariff support are also eligible to profit from the renewable tax incentive provided by the government of Egypt.
Under the framework, long-term leases of state-owned land will be provided to private investors charged at 2% of the electricity produced.
Official source: http://egyptera.org/Downloads/taka%20gdida/Download%20Renewable%20Energy%20Feed-in%20Tariff%20Regulations.pdf
Source
https://www.iea.org/policies/5658Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.