Egypt is undertaking one of the world's largest and most comprehensive renewable energy programs. The objective of these programs is to reduce national energy demand by 8% by 2022. Egypt is planning to achieve this through complementing these energy programs with an industrial energy efficiency program.

Since June 2015, Egypt has been working with Siemens as a strategic partner in energy. With the completion of the three power plants in the Administrative Capital, Beni Suef and Burullus, Egypt's power generation capacity has increased by 45%, nearly 16,400 MW. The Unified Electricity Law liberalised the energy sector through allowing, for the first time, the private sector’s (both locals and foreigners) participation in the distribution of electricity, which led to an increase in the private sector’s investments and contributions. Along with the private sector’s encouragement, Egypt is working with international companies to build additional power stations aiming to increase 40,000 MW within the next ten years.

By 2020, Egypt aims to double its contribution of renewable energy ventures to electricity production. It targets providing 20% of the country's power requirements through renewable energy sources such as solar, wind and nuclear power, which will be achieved by encouraging the private sector investment. One of the incentives given to the private sector is the Feed-in-tariffs, which provide cost-based compensation.

Renewable energy projects were given priority in an attempt to replace 53% of Egypt’s electricity needs by 2030. New incentives are given on both company and household level. Companies are to be supplied with a letter of guarantee for any venture that will produce more than 500 KW of electricity. On the other hand, households will be given low interest loans to facilitate and encourage the renewable energy installation program. The program offers 4% and 8% interest rates for households’ projects that can produce 200 KW and 200-500 KW of power respectively.

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