Modelling for power generation sector in Developing Countries: Case of Egypt

It is found that Combined Cycles, Wind, and Photovoltaic rooftop systems are compatible technologies to be included in the future Egypt's power generation mix. In particular, based on the abundant Egypt's renewables resources endowments, wind power technology comes first in achieving the proposed target on renewables penetration in the country's generation mix, and it might be a feasible alternative to replace a part of the natural gas share. Moreover, the significant impact of discount rate on capitals on the final results is highlighted: low values of discount rate would skew generation mix to include higher investment cost technologies and vice versa.