How is Algeria diversifying its energy sector?

Algeria is progressing with its strategy to diversify its energy sector, with a focus on a balanced mix of renewable energy, green hydrogen and traditional oil and gas development.

What is Algeria's solar power supply chain?

The Algerian solar power supply chain grew significantly in the last decade and now seeks to add IPP development, engineering and design capabilities, EPC services, inverters manufacturing, storage solution manufacturing, universal certification expertise, and operations and maintenance services.

How is energy used in Algeria?

Total energy supply (TES) includes all the energy produced in or imported to a country, minus that which is exported or stored. It represents all the energy required to supply end users in the country.

Why is Algeria a good country for solar energy?

With an estimated area of over 2.3 million km 2, of which the Sahara represents 80%, Algeria enjoys a significant advantage, making it a substantial global reserve for solar energy. Thus, Algerian electricity users expect a reliable, affordable, and high-quality energy supply that is both sustainable and environmentally friendly.

Is Algeria a key supplier of gas to the global market?

A renewed focus on unconventional gas reserves – reflected through recent MoUs signed with energy majors ExxonMobil and Chevron – are set to tap into underexplored basins, while positioning Algeria as a critical supplier of gas to the global market.

Who are US companies interested in doing business in Algeria?

U.S. companies interested in doing business in Algeria will primarily interact with SHAEMS, a company owned by Sonatrach and Sonelgaz, created to serve as a one-stop shop for companies pursuing larger IPP renewable energy projects. Upcoming tenders will include Sonelgaz, Sonatrach, AEC, or SHAEMS as the main party to the agreement.