Fate of Egypt’s coal-fired project a sign of greener times
Chinese-backed Hamrawein proposal shelved indefinitely as large, unwieldy power stations become even less suitable
The Hamrawein coal-fired power proposal in Egypt has reportedly (https://webmail.timesmedia.co.za/owa/redir.aspx?REF=sKCyqnMutZgxOa4KPkqA7v0zPZv9tPWymrHhXSss-wadTk6FktvXCAFodHRwczovL3d3d3cuZGFpbHluZXdzc2VneXB0LmNvbS8yMDIwLzAyLzI0L2VsZWN0cmljaXR5LW1pbmlzdHJ5LWRlZmVycy1jb25zdHJ1Y3Rpb24tb2YtaGFtcmF3ZWluLWNvYWwtZmlyZWQtcGxhbnQtaW5kZWZpbml0ZWx5Lw..) been postponed indefinitely. The huge plant was to have been the second largest on the planet, and its demise is symptomatic of the seismic shifts that are occurring in global energy markets, which have been rammed into overdrive by Covid-19.
The Hamrawein proposal was led by a consortium of China’s Shanghai Electric and Dongfang Electric, and Egypt’s Hassan Allam Construction. Egypt is a key Belt and Road Initiative (BRI) nation for China, sitting on the crossroads between Africa, Europe and Asia...