Egypt Emerges as Wind and Solar Hotspot
February 03 2016 - 04:00AM
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm
dedicated to helping organisations protect and enhance their
enterprise value, today announced the release of FTI Intelligence’s
latest renewable energy publication and first emerging market
report, Opportunity and Risk in Egypt’s Power Market. This report
is part of a series of data-driven market intelligence publications
evaluating competitive markets, policy, finance, technology and
business models across the energy spectrum.
The Opportunity and Risk in Egypt’s Power Market report examines
both the opportunities and risks involved in investing in Egypt’s
fast growing renewable energy market, which has seen a series of
headline investment announcements from international companies over
the last 12 months. The report outlines Egypt’s key power demand
drivers, regulatory initiatives and market participants, and
evaluates the main areas of political, security and macroeconomic
risks such as the ongoing Islamicist insurgency in North Sinai and
other areas. The report is authored by members of the FTI-CL Energy
practice, a cross-practice team of energy experts from FTI
Consulting, including experts from its subsidiary, Compass
Lexecon.
The Opportunity and Risk in Egypt’s Power Market report is the
first of a series of renewable energy emerging market reports from
FTI Intelligence, which will identify and evaluate the major global
hotspots for wind and solar investment. Forthcoming reports will
feature Argentina, Vietnam, Ethiopia and Iran. The series of
reports will be regularly updated to incorporate the latest data
and market developments.
The Opportunity and Risk in Egypt’s Power Market report
includes:
- Wind and solar PV resource assessment
- Power demand and capacity outlooks
- Key institutions, regulatory schemes and targets
- Planned wind and solar PV projects
- Wind and solar developers and equipment suppliers active in
Egypt
- Macroeconomic panorama and key issues
- Political and security risk analysis
“Egypt has some of the best wind and solar resources in Africa,
and needs big investments in generation capacity in order to keep
up with demand, creating a major opportunity for wind and solar
companies,” explains Benjamin Backwell, Managing Director in the
FTI-CL Energy practice. “However, investors will need to carefully
manage short and mid-term risks, particularly around the country’s
political and security situation.”
“Egypt’s government has taken a pro-active approach to
attracting investments in wind and solar, and the last 12 months
have seen announcements of major investments from global windpower
giants such as Siemens, and strong interest from developers,” says
Aris Karcanias, Managing Director at FTI Consulting and Co-Lead of
the Company’s Clean Energy practice. “However, it’s important for
companies to have access to the right data and analysis as they
plan their entry into this promising, but complex market.”
To learn more about the FTI Intelligence report, Opportunity and
Risk in Egypt’s Power Market, please visit the FTI Intelligence
website at www.fti-intelligence.com or contact us at
fti-intelligence@fticonsulting.com.
About FTI IntelligenceFTI Intelligence provides
a clean energy subscriptions service. This service is a series of
data-driven market intelligence publications evaluating competitive
markets, policy, finance, technology and business models across the
energy spectrum. Derived from our comprehensive databases, local
knowledge, and the opinions of leading industry experts and an
extensive network of professionals, these publications deliver a
powerful combination of strategic insight and reliable market
forecasts for both established and emerging markets.
The views expressed in this work do not necessarily represent
the views of the publisher, its management or employees, and the
publisher is not responsible for, and disclaims any and all
liability for the content of statements written by the authors of
this work.
About FTI ConsultingFTI Consulting, Inc. is a
global business advisory firm dedicated to helping organisations
protect and enhance enterprise value in an increasingly complex
legal, regulatory and economic environment. With more than 4,400
employees located in 27 countries, FTI Consulting professionals
work closely with clients to anticipate, illuminate and overcome
complex business challenges in areas such as investigations,
litigation, mergers and acquisitions, regulatory issues, reputation
management, strategic communications and restructuring. The Company
generated $1.76 billion in revenues during fiscal year 2014. For
more information, visit www.fticonsulting.com and connect with us
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