Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Algeria’s state electricity and gas utility Sonelgaz estimates the price of required power generation, transmission and distribution capacity additions during 2014-17 at AD1.7 trillion ($21.5bn). To satisfy double-digit demand growth, the company is adding 12.18GW of generating capacity by 2017. It recently awarded contracts for six combined cycle gas turbine (CCGT) plants worth a total $4.05bn.
In an interview with the El Watan newspaper, Sonelgaz official Rabah Touileb said that Algeria’s electricity demand is growing at a rate of more than 10% a year. Since 2008, the seasonal demand peak has switched from winter to summer, because of the increasing use of air conditioning, he added. (CONTINUED - 263 WORDS)