8 Renewable Energy Development in Egypt and Transitioning …
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8.2.1 The Supreme Energy Council
The Supreme Energy Council was established in 1979 by virtue of the
Prime Minister’s decree No. 1093 of 1979 and was subject to several
subsequent reforms including the reforms made in 2014, 2017 and
2018. The SEC is mandated to review and endorse national energy
strategies and policies, monitor the sector’s performance and energy
pricing policies and approve policies and regulations on energy pricing
and incentives for energy sector investments (including the promotion
of energy efficiency and renewable energy investment).
8.2.2 The Ministry of Petroleum and Mineral
Resources and the Egyptian National
Petroleum Companies
The Presidential decree No. 1451 of 1973 generally specifies the main
objectives of the ministry of petroleum including among others; the
development and the ideal exploitation of petroleum resources in the
country. It is also mandated to set the main policies of the Hydrocarbon
sector in the light of what has been adopted and guided by the SEC.
Such policies and strategies are conducted through the national
petroleum companies including; the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS)
and Ganoup El Wadi Holding Company (GANOPE). Each of the said
companies has its own competence—EGPC and Ganope both manage
and regulate upstream oil activities by launching regular upstream Bid
rounds for upstream oil exploration and exploitation, while EGAS
manages and regulates natural gas exploration and production.
8.2.3 The Ministry of Electricity and Renewable
Energy
The first independent Egyptian ministry for electricity was established
by virtue of the presidential decree no. 1301 of 1964, then subsequent
269
8.2.1 The Supreme Energy Council
The Supreme Energy Council was established in 1979 by virtue of the
Prime Minister’s decree No. 1093 of 1979 and was subject to several
subsequent reforms including the reforms made in 2014, 2017 and
2018. The SEC is mandated to review and endorse national energy
strategies and policies, monitor the sector’s performance and energy
pricing policies and approve policies and regulations on energy pricing
and incentives for energy sector investments (including the promotion
of energy efficiency and renewable energy investment).
8.2.2 The Ministry of Petroleum and Mineral
Resources and the Egyptian National
Petroleum Companies
The Presidential decree No. 1451 of 1973 generally specifies the main
objectives of the ministry of petroleum including among others; the
development and the ideal exploitation of petroleum resources in the
country. It is also mandated to set the main policies of the Hydrocarbon
sector in the light of what has been adopted and guided by the SEC.
Such policies and strategies are conducted through the national
petroleum companies including; the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS)
and Ganoup El Wadi Holding Company (GANOPE). Each of the said
companies has its own competence—EGPC and Ganope both manage
and regulate upstream oil activities by launching regular upstream Bid
rounds for upstream oil exploration and exploitation, while EGAS
manages and regulates natural gas exploration and production.
8.2.3 The Ministry of Electricity and Renewable
Energy
The first independent Egyptian ministry for electricity was established
by virtue of the presidential decree no. 1301 of 1964, then subsequent