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Egypt Renewables Q3 2018

BMI Industry View
Industry Forecast
Egypt Renewables Forecast Scenario
Egypt Renewables Projects Database
Renewables Glossary
Renewables Methodology

BMI View:

Following on from a number of positive revisions in previous quarters, we have once again revised up our forecasts thisquarter and now expect non hydro-power renewables generation growth to average 25.5% per annum over the next 10 years, upfrom an annual average of 22.5% we forecast last quarter. Improving macroeconomic dynamics feed into our increasingly positiveoutlook, with rating agency Standard & Poor's revising up Egypt's sovereign credit rating in mid May 2018. The improved outlook forpublic finances - albeit from a low base - translate into greater room for fiscal manoeuvre in terms of realizing ambitious renewablesprojects, although we remain less upbeat in our forecast trajectory than Egypt's government.

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