Petroleum Africa
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Thursday, February 27, 2020
Prime Minister Abdelaziz Djerad on Monday told Hassi Messaoud of a national strategy for a smooth energy transition aimed at developing and raising the production of renewable energies to 16,000 megawatts by 2035.
In his speech on the occasion of the celebration of the double anniversary of the nationalization of hydrocarbons and the creation of the UGTA, Mr. Djerad affirmed that this strategy, which aims to produce 4,000 megawatts by 2024 and 16 000 megawatts by 2035, will save nearly 240 billion m3 of natural gas in addition to an efficient development of the fabric of small and medium-sized enterprises (SMEs), specialized in the manufacturing of renewable energy components.
Mr. Djerad highlighted, in this sense, the imperative to continue to encourage the booming petrochemical industry, with a view to enhancing the national production of hydrocarbons, meeting national demand for petroleum derivatives and move towards export.
“Freeing oneself from dependence on hydrocarbons and moving towards renewable energies is no longer a choice for the government, but an imperative necessity, given the fluctuations in oil prices,” he stressed.
Stressing that Algeria “has a huge potential in solar energy which allows it to be a pioneer in the production of this type of clean energy”, Mr. Djerad clarified that “this is the new economic orientation adopted to exit absolute dependence on oil rent ” (APS)
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