Coal punted as 'possible solution' to Egypt's power challenges

With Egypt’s energy consumption increasing at about 7% a year, along with its low crude oil and gas production rates, coal-fired power generation is increasingly being touted as a possible solution to the country’s electricity challenges, says Egyptian commodities trader Protrade MD Afifi Afifi. He says that a major positive factor in the likely growth of its use in Egypt’s energy mix relates to the fact that it is a low cost source of electricity production.