Algeria is set to sign an agreement soon with international partners to develop a subsea electrical line connecting Algeria to Europe, announced Mohamed Arkab, the Algerian Energy Minister.
During a visit to the Algerian Center for Electric System Management, Arkab stated that the agreement would enable Algeria to export both conventional electricity produced from natural gas and power generated from alternative and renewable sources.
Arkab emphasized that this project is historic and significant for Algeria.
He noted that preparations are underway for signing the contracts, which will be followed by the commencement of the line’s construction.
He also mentioned that Algeria’s current electricity production capacity, which is close to 26,000 megawatts, adequately covers all local needs during peak demand periods.
Algeria recorded new peak electricity demand levels last Thursday, reaching a new record of 19,000 megawatts.
Earlier this month, Algerian energy company Sonelgaz announced the partial operation of the country’s largest power plant in Mostaganem, boosting the national production capacity by 450 megawatts.
According to the statement: “Sonelgaz began the partial operation of the hybrid power plant in Mostaganem on Thursday, July 4, 2024, with the first gas turbine entering service.”
The statement emphasized that this move is part of the first phase aimed at increasing the national production capacity by 450 megawatts.
The statement also highlighted that “this major energy facility is among several significant projects that Sonelgaz has successfully brought into service in recent months.
These projects will enhance Sonelgaz’s production capacity and bolster its ability to supply energy to citizens across the nation.”
Earlier this month, Algeria and Italy signed a significant agreement worth 420 million euros (approximately $455.3 million) to invest in wheat production and bolster food security in southern Algeria.
