First nuclear power plant in Egypt to be constructed on the Al-Dabaa site
31 August 2010
Egypt is going to be constructing its first nuclear power plant at Al-Dabaa, on the Mediterranean coast, as reported by the France Press agency.
The announcement was made by a spokesperson for President Moubarak on 25 August last: “President Hosni Moubarak has decided that Al-Dabaa is to be the location for the first power station operating with nuclear energy in Egypt”.
According to a spokesperson for the Ministry of Energy, the future 1,000 megawatt power station will go into production in 2019. Its cost is anticipated to amount to four billion Dollars.
Due to considerable economic and demographic growth, Egypt must make massive investments in developing its electricity infrastructures. The government is planning a package of 77 billion Euros between now and 2027 for developing energy sources, whether nuclear or from renewable sources.
The development partners will likewise have an important part to play. On 20 July 2010, the Global Environment Facility granted a subsidy of 100 million Dollars for the construction of a solar power plant to the north of Asswan, with a capacity amounting to 100 MW.