Algeria is in the process of formulating a new electricity law that will redefine its policy and vision for supplying citizens and institutions with energy.
The proposed legislation seeks to provide enhanced capabilities and improved services, while also offering incentives and privileges to attract a broader spectrum of investors. Moreover, the focus will be on energy transition initiatives and the development of renewable and alternative energy sources.
Parliamentarians from various factions of the National People’s Assembly recently met with Minister of Energy and Mines, Mohamed Arkab, to address citizen concerns and discuss sector-specific issues within the realm of energy.
The discussions encompassed topics such as the status of the electricity market in Algeria, strategies to optimize energy supply to citizens, as well as the potential for price adjustments.
Ahmed Rahbi, a deputy from the National Liberation Front party, shared in an interview with “El Chorouk” that a group of deputies convened with Minister of Energy and Mines, Mohamed Arkab, and Minister of Trade and Export Promotion, Taïeb Zitouni, upon the initiative of representatives from the National People’s Assembly.
Additionally, a meeting is scheduled with the Minister of Water Resources, Taha Derbal, and other ministers, who are yet to confirm their visiting dates. Each minister is being probed with questions tailored to the distinct characteristics of their respective sectors.
Regarding this, Rahbi mentioned that their meeting with Minister Mohamed Arkab delved into the aspect of improving electricity supply services to citizens, professionals, and institutions. They also explored the possibility of revising electricity prices, which, as the minister pointed out, are currently linked to government decisions and perspectives.
These perspectives are typically presented in cases involving price adjustments or reductions in the draft budget law. Notably, the minister unveiled an upcoming new electricity law currently being prepared within the government. It will be presented to the Council of Ministers once its texts are finalized. This law will scrutinize the status quo and future prospects of electricity supply, export mechanisms, and the comprehensive electricity policy in Algeria.
According to Rahbi, the new law will incorporate novel measures aimed at expediting energy transition and enticing new investors to the sector.
It will also underscore renewable energy projects and electricity production from alternative sources. The law aims to elevate the national production levels of this vital resource while concurrently augmenting exports to international markets.
