How Teri support Tunisia's energy sector?

The multi-year support to Tunisia’s energy sector, particularly to increase renewable energy generation, has been financed by both the TERI Anchor Trust Fund and the Compact with Africa Trust Fund – an associated Trust Fund to the TERI Umbrella program.

Can Tunisia export green electricity?

Exploiting its renewable energy potential will also allow Tunisia to export green electricity, including green hydrogen, contributing to the GHG emission targets of the Maghreb and Europe.

Can Tunisia become energy independent?

Tunisia has the potential to become energy independent and to transform itself from an energy importer to an energy exporter. Renewable energy, often referred to as clean energy, comes from natural sources or processes that are constantly replenished such as sunlight and wind.

Does Tunisia need electricity?

Tunisia relies on imported natural gas to meet the majority of its growing electricity needs, even though the country has a vast potential to generate renewable energy. Despite limited economic growth over the last decade, peak demand for electricity has continued to grow at a high rate, around 5% per year between 2010 and 2022.

Does Tunisia need oil and gas?

Once a net exporter of oil and gas, Tunisia has become heavily dependent on oil and gas imports to meet its energy needs, with approximately 48% of its needs imported in 2022. Natural gas is the principal fuel employed to generate electricity.

Why is natural gas a macroeconomic risk for Tunisia?

Natural gas is the principal fuel employed to generate electricity. This dependence on imported oil and gas is a substantial macroeconomic risk for Tunisia as it leaves the country vulnerable to the price volatility of international commodity markets.