Algeria Energy Articles & Analysis

Chapter | Energy from The Report: Algeria 2016

As Algeria attempts to curb the impact of the global downturn in oil prices and sustain economic growth, boosting hydrocarbons production to make up for lower prices and keep pace with rising domestic demand is a priority. Making the market attractive to foreign investors is fundamental to raising production, as are measures to ensure sustainable consumption of energy. With two-thirds of the...

Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.

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La création d’un nouveau ministère consacré aux énergies renouvelables constitue la dernière initiative de développement de la production d’énergie solaire et éolienne menée par le gouvernement algérien.

L’Algérie est en quête d’investisseurs étrangers pour son secteur des hydrocarbures par l’assouplissement des clauses contractuelles et l’intensification de l’exploration.

 

 

We have set ambitious and promising targets for renewable energy, and we are determined to make the next 20 years an era of real development for sustainable energy. Algeria’s national plan envisages 47-51 TWh by 2030, of which more than 9 TWh should be installed by 2020.

 

What are the challenges to improving energy efficiency in emerging markets?

 

How would you assess the key investment programme strategies for the 2017-21 period?

 

Algeria’s growth over the past decades has been driven in large part by heavy government spending, which is enabled by the country’s vast hydrocarbons wealth. As a result, as oil prices dropped – by almost 70% between the summer of 2014 and the beginning of 2016 — the consequences for the economy were significant, with Algeria experiencing a...