Diplomatist Special Report: West Asia - North Africa 2018 WANA 2018 - Page 39

SPECIAL REPORT Renewable energy projects attract foreign investments and Egypt is also investing to save electricity consumption from the traditional sources, adding that the use of biomass energy is spreading in Egypt and there are chances of its expansion. energy worldwide especially when the traditional sources of energy affects the environment negatively." India is stepping up its cooperation and exchange of experience with Egypt by offering training courses and workshops to Egyptian experts. Egypt started to cooperate with the leading countries in the fi eld of renewable energy by the early 1990s. Recently, a special programme of nutrition tariff for solar energy based projects was designed to fi t the Egyptian market needs. The renewable energy projects need fl exible dynamic policies in order to succeed. Renewable energy projects attract foreign investments and Egypt is also investing to save electricity consumption from the traditional sources, adding that the use of biomass energy is spreading in Egypt and there are chances of its expansion. Another pioneer, of the clean energy in the region, in sunny Israel, solar energy supplies only a small percentage of the nation's power needs, leaving it far behind countries with cloudier and colder climates. Now the fl edgeling solar industry is trying to make a leap forward with a large-scale project boasting the world's tallest solar tower, as a symbol of Israel's renewal energy ambitions. With Israel traditionally running its economy on fossil fuels, renewable energy has long been hobbled by bureaucracy and a lack of incentives. But the country is starting to make an effort, setting a goal of generating 10 percent of its energy from renewable sources by 2020, up from the current 2.5 percent. In a recent visit by Israeli PM Netanyahu in January 2018, both the countries agreed to nurture the initiation of cooperation in the energy sector with the signing of an MoU on Cooperation in the Oil and Gas sector that will promote, inter alia, collaboration in the upstream sectors, research and development in future technologies and start-ups in oil and gas. In a joint statement, both the Prime Ministers (Benjamin Netanyahu & Narendra Modi) also noted the intention of Indian public sector companies and Israeli companies, to begin collaboration in the areas of metal-air batteries for stationary energy storage systems, and in solar thermal technologies, and urge industry on both sides to explore business collaborations in new energy technologies. Welcoming the initiative taken by India to establish the International Solar Alliance, to promote renewable energy for sustainable development in the context of climate change, Israel declared its willingness to become a Partner Country. The two Prime Ministers urge research institutions and industry to collaborate, including in third countries, to promote greater use of solar technologies through the International Solar Alliance. North Africa's clean energy story can't be written without mentioning Morocco- A country, which has enormous renewable energy potential, mainly solar, which the government is trying to harness by launching an ambitious Renewable Energy and Energy Effi ciency Program. Morocco has no fossil fuel reserves so is almost entirely reliant on imports. In 2015, King Mohammed VI committed the country to increase its share of renewable electricity generation to 52% by 2030, aiming for the installation of around 10 gigawatts (GW). Of that, 14% is expected to come from solar, with plans to install 2GW of new capacity by 2020, as well as increases in wind power and hydraulic dams. Back in 2016, Indian Prime Minister Narendra Modi, in a joint statement with the then US President Barack Obama, highlighted the points on climate and clean energy and asserted that the two countries need to revisit their strategy, to fi rm up their climate alliance by teaming up with Morocco. Morocco hosted the UN climate summit (COP22) where the world leaders gathered in the city of Marrakech in November 2016. Taking this into consideration, it is worthwhile initiating a trilateral mechanism between India, the US and Morocco specifi cally focused on climate change. This would also help rally other countries in accepting and implementing the Paris Agreement – the specifi c aim of the Marra V67V֗BW2vfVFRvV7G&FVv2&RbFRF&VR6VG&W2( 2F6WF6&66vW7B6B'Fg&6@FRU2'FW&6( 2FRG&FW&6VB&V6RfF"bFW&F6ƖFR6vR֗FvFFN( 2f@f"FVvBf"WrFVƆ&&BBv6wFࢤ֗B62FWVFVB6V7BFRvW7@6ff'2Rv&VB6WfW&6&&FfR&W6V&6&V7G2'֖7G'bWFW&ff'2f7W6VBFRƖ氥vW7BƖ7vW7B6'Fg&6( "3