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Egyptian Electricity Holding Company (EEHC)

Egyptian Electricity Holding Company (EEHC) is a state-owned company headquartered in Cairo, Egypt. In 2020, its revenue was USD 10.4 billion and installed capacity was 60 GW. Though EEHC’s vision aims for excellence for sustainable energy, EEHC shows no sign of engaging in a low-carbon transition. Between 2022-2027 the vast majority of its additional capacity will be fossil-fuel based.

Ranking position
#50/50
Total score
2.6/100
Performance score
1.1/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 0.0 / 4 #35

Material Investment

#1 0.5 / 7 #41

Intangible Investment

#1 0.0 / 2 #20

Management

#1 0.0 / 4 #48

Policy Engagement

#1 0.3 / 1 #33

Business Model

#1 0.3 / 2 #45

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Egyptian Electricity receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. EEHC has no targets, transition plan, plans to phase-out fossil-fuel generation, and has a generation capacity mix heavily dominated by fossil-fuels (87% gas- and 5% oil-fired power generation). EEHC is committed to a high-carbon pathway and plans to further expand it gas-fired power assets. EEHC does not mention or acknowledge climate change. There is no indication that EEHC is likely to begin engaging with climate issues or transitioning to a low-carbon pathway.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Cairo, Egypt
Group revenue (2020)
USD 10.4 billion
Ownership
State-owned
Installed capacity (2020)
59.5 GW
Website
http://www.eehc.gov.eg/eehcportal/Eng/

This company is part of the SDG2000, the 2.000 most influential companies

See company profile