Egypt, one of the windiest areas and the leader in the Middle East in wind power, is ready to begin in May the construction of two, of four planned, wind power stations in the Gulf of Suez. Total expected output at the completion of the project is 1000 MW, 250 MW per wind farm.
Dr Hassan Younis, minister of electricity and energy of Egypt said that the project will be constructed in two phases and is open to investors who will be permitted to design, finance, construct, own and operate the station for a period of 20 to 25 years. The power output will be sold to the Egyptian Electric Company which will then it to consumers at prices approved by the Council of Ministers.
Egypt suffers from frequent and lengthy power shortages due to an old and indequate network grid, particularly during the summer. As a result, the country is shifting to alternative sources of power and plans to produce 12% of its electricity from wind power projects alone within the next 5 years, with hopes of generating 7200 MW by 2022. Bids for wind farms in this area will be launched in co-operation with the European Union, Spain and German banks.
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