Algeria wants to generate 20,000 MW of electricity from clean energy sources by 2030

12 April 2011

The Algerian government announced April 3 that it aims to generate 20,000 MW of electricity from renewable energies by 2030.

This program will need an investment of 62.7 billion dollars. The Algerian government has called on private national operators to contribute to this objective.

The authorities expect this program to create "thousands of jobs with high added value" explained the Algerian president,  Mr. Bouteflika, at a meeting on the renewable energy industry in Algiers, reports the site Econostrum.

The implementation of this program will save almost 600 billion cubic meters of gas over twenty five years.

On January 17, the Algerian minister for Energy and Mines, Youcef Yousfi, told the press that Sonelgaz (Société nationale de l'électricité et du gaz) was investing 30 billion dollars over the next five years in order to raise national electricity generation from 10,400 MW in 2010 to 15,000 MW by 2015.
 

Category: Energy