Aswan Dam the water saved is lost due to evaporation in Lake Nasser, the amount of water available for irrigation still increased by 22 km. Other estimates put evaporation from Lake Nasser at between 10 and 16 cubic km per year. The dam powers twelve generators each rated at , with a total of . Power generation began in 1967. When the High Dam first reached peak output it produced around half of Egypt's production of electric power (about 15 percent by 1998), and it gave most Egyptian villages the use of electricity for the first time. The High Dam has also
Economy of Egypt EuroAfrica Interconnector pointing out its importance for energy security of three countries.< Irrigation plays a major role in a country the very livelihood of which depends upon a single river, the Nile. Most ambitious of all the irrigation projects is that of the Aswan High Dam, completed in 1971. A report published in March 1975 by the National Council for Production and Economic Affairs indicated that the dam had proved successful in controlling floodwaters and ensuring recurring water supply, but that water consumption had been more than needed and shall be controlled. Some precious land was lost below the dam