Egypt agrees to move forward with Scatec interconnector project: Egypt’s Cabinet approved yesterday the signing of an agreement with Norwegian renewables developer Scatec to conduct a feasibility study for their planned 3 GW electricity interconnector, which would enable the transport of clean energy from Egypt to Europe, according to a statement.

What we already know: Scatec’s planned electricity link — first proposed in February in a meeting with Egyptian Prime Minister Moustafa Madbouly — would transmit some 3 GW of renewable power generated in Egypt to Europe through Italy.

Scatec are already investing in Egypt’s renewables: The company is planning to sign a joint development agreement for a USD 5.5 bn green ammonia plant in Ain Sokhna with Egyptian Petrochemicals Holding Company (ECHEM) and state fertilizer company Mopco and began commissioning the first phase of their 100 MW green hydrogen plant in Egypt’s Ain Sokhna with SFE, OCI-Adnoc joint venture Fertiglobe, and Orascom Construction back last November

Egypt has more interconnectors with Europe in the pipeline: Egypt has been preparing to link its electricity grids with Greece and Cyprus through a subsea cable as part of the USD 4 bn, 2 GW EuroAfrica Interconnector project since 2018, while two direct Egypt-Greece links — the 3 GW Greece-Egypt Interconnector (GREGY) and the 2 GW Greece–Africa Power Interconnector (GAP) — are both being studied. Egypt and Italy are also discussing a separate 3 GW link and could sign MoUs for the project in June. Egypt’s grid is currently linked with Jordan, Palestine, Libya, and most recently Sudan, and will link up with Saudi via a 3 GW interconnection in 2025, which will also accommodate the exchange of renewable energy.