The energy transition is Germany’s pathway into a future that is secure, environmentally-friendly, and economically successful. Almost one third of Germany’s electricity is generated today by wind, solar and biomass. By digitising the energy transition with smart meters, the generation and consumption of energy can be brought more in line with each other, have more potential for energy conservation and can be further developed.
At the same time, the demand for energy is rapidly increasing in the Arab world. Estimations see a need to build an additional power generation capacity of around 160,000 megawatts by 2020. In this regard, Egypt is an outstanding example for the Arab-German cooperation. Siemens is currently building three power plants, which will almost double the energy capacity in the country. The gas-fired power plants will produce 14,400 megawatts by the end of 2018. At the same time, Siemens is supporting the country in making the distribution of electricity more efficient. For the expansion and modernisation of the transmission and distribution network alone, investments of more than two billion dollars are planned over the next three years.
Technical advancements and innovative service solutions, as well as concepts for improved energy efficiency and diversification plans for energy sources, are in more demand than ever. With their experience and state of the art technology, German companies can offer a sustainable contribution to this development.
To further strengthen and expand the promising Arab-German business relations in the energy sector, the Ghorfa Arab-German Chamber of Commerce and Industry, in cooperation with Arab and German institutions, is organising the
9th Arab-German Energy Forum
in Cairo, 2018.
The Forum has established itself as the most prominent information and networking platform for Arab and German companies in the energy sector. Experts of industry, politics and science from Germany, Egypt and the Arab world will discuss trends, projects and cooperation opportunities. Taking place in Egypt for the first time, it presents a great opportunity to exchange ideas with high-ranking decision makers and potential business partners.