How much energy will be installed in Algeria by 2028?

Taking into account the capacities to be retired, the additional capacity to be installed by 2028 amounts to 22.2 GW, of which 10.8 GW are under implementation. The Algeria energy market report provides expert analysis of the energy market situation in Algeria.

Is Algeria a good place to invest in energy?

Energy prices are very low compared to the European average: 3 times lower for motor fuels and electricity, and 10 times lower for household gas (at ppp). Energy consumption has increased by 3%/year since 2020. Algeria aims to attract international investors to offset its declining production and to maintain its exports.

How much energy does Algeria consume per capita?

Compared to other developing countries with a similar development level, Algeria's consumption is high (1.5 toe per capita), partly because of consumption and losses in the energy sector (oil & gas production and LNG plants, mainly). Electricity consumption per capita reaches 1 500 kWh (2022).

Why is Algeria attracting international investors?

Algeria aims to attract international investors to offset its declining production and to maintain its exports. To face the expected increase in electricity demand, the country is developing natural gas and solar power projects. The Ministry of Energy and Mines is responsible for the energy policy and supervises the public energy companies.

Why is Algeria's consumption so high compared to other developing countries?

Between 2015 and 2018, they had increased by 60% and 45%, respectively. Compared to other developing countries with a similar development level, Algeria's consumption is high (1.5 toe per capita), partly because of consumption and losses in the energy sector (oil & gas production and LNG plants, mainly).