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Sunday, 28 January 2018

Investors, government agree on waste-to-energy feed-in tariff

Energy investors have reportedly reached an agreement with the government on a feed-in tariff rate for waste-to-energy projects of between EGP 1.35 and EGP 1.65 per kWh, depending on the type of waste, Youm7 reports. The two sides agreed to peg the rate to the USD rate, and keep it in place for 20 years barring any significant changes to the exchange rate. The government is expected to announce the agreed-upon rate “within days.” Reports had emerged earlier this month that the electricity and environment ministries had agreed on setting the tariff at EGP 1.30 per kWh produced from agricultural waste and EGP 1.60 per kWh produced from solid waste.

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