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Tuesday, 20 February 2018

Government approves three-tier FiT system for waste-to-energy projects

The Ismail cabinet has reportedly approved a three-tier feed-in tariff system for waste-to-energy projects, unnamed Electricity Ministry sources tell Al Mal. The first tier is for fuel derived from burnable agricultural waste such as rice straw, which will have a FiT rate of EGP 1.30 per kWh. The second tier would see power produced from biogas, with a FiT rate of EGP 1.45 per kWh, while the third tier — refuse-derived fuel — would have a FiT rate of EGP 1.60 per kWh. The Electricity Ministry will pay EGP 1.02 per kWh across the three tiers, while the Finance Ministry will pay the remainder. Cabinet has sent the pricing scheme to the House of Representatives (heaven help us), whose approval is expected next month, according to the sources.

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