Egypt to build the largest wind farm in the Middle East

A consortium of investors headed by Saudi power generation company ACWA Power has signed an agreement with the Egyptian government on development of a 1.1 GW wind farm project to be located on the Suez Canal coast. A $1.5 billion complex is to be commissioned by the end of 2026 with the participation of Egyptian engineering and construction company Hassan Allam Holding.

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Hydropower is not affected by energy crises and pandemics

According to Pavel Bezrukikh, Professor of the Institute of Hydropower and Renewable Energy, MPEI, power generation based on Renewable Energy Sources (RES) has become the most effective factor in overcoming the negative consequences caused by lockdowns amid coronavirus infection. The opinion was expressed during the round table arranged by Global Energy Association and the Energy Policy magazine.

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Energy transition focus only on wind and solar can lead to significant problems

Energy Transition 4.0 is traditionally associated with development of solar and wind generation, but such a rather narrow approach can lead to a number of problems, said Irina Ananich, Head of the International Cooperation Department of the Federal State Budgetary Organization Russian Energy Agency (REA) of the Energy Ministry of the Russian Federation, at the round table organised by the Global Energy Association and the Energy Policy magazine.

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RES and controlled thermonuclear fusion may become the basis of the global energy balance by the end of the 21st century

Even at the end of the 21st century, such thermal energy sources as oil, gas and coal will account for 5-10% of the world energy balance. The share of renewable energy sources (RES) will be 85-90%, but only if mankind is able to master the controlled thermonuclear fusion technology, according to the opinion of Valery Bessel, Professor of Gubkin Oil and Gas University, expressed during the round table arranged by the Global Energy Association and the Energy Policy Journal.

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