Algeria to boost 2030 renewables target to 25 GW - report

Algeria to boost 2030 renewables target to 25 GW – report

Ivan Shumkov — The Algerian government plans to raise the 2030 target for renewable energy capacity to 25,000 MW from 12,000 MW, according to the country’s minister of energy Youcef Yousfi. The ministry will update the 2011 renewable energy programme in the coming weeks, Yousfi said as cited by the Algeria Press Service (APS) on Thursday. He also mentioned, as cited by the agency, that Group Sonelgaz has already concluded the feasibility studies of the current 12,000-MW scheme and assessed the costs and profitability of the installations. In late April, Algeria’s government introduced a new feed-in tariff (FiT) scheme for […]

By Derick Lila January 29, 20150

Ivan Shumkov — The Algerian government plans to raise the 2030 target for renewable energy capacity to 25,000 MW from 12,000 MW, according to the country’s minister of energy Youcef Yousfi.

The ministry will update the 2011 renewable energy programme in the coming weeks, Yousfi said as cited by the Algeria Press Service (APS) on Thursday.

He also mentioned, as cited by the agency, that Group Sonelgaz has already concluded the feasibility studies of the current 12,000-MW scheme and assessed the costs and profitability of the installations.

In late April, Algeria’s government introduced a new feed-in tariff (FiT) scheme for megawatt-scale solar plants, with rates per kWh of between DZD 9.44 (USD 0.102/EUR 0.090) and DZD 20.08. The new tariff will be in force for 20 years and will be distributed only for a limited number of hours per year. After the production cap per plant is reached, the generated power can be sold at regular prices.

An official from local renewable energy firm SKTM said in November that Algeria was working on the construction of 343 MW of solar power facilities.