Algerian government to pass new electricity law
The Algerian government is in talks about passing a new law on electricity. It is set out to change the policy and vision for supplying citizens and businesses with energy that proposes better services and greater capabilities.
It will also introduce incentives to attract investors and plans to focus on energy transition into renewable and sustainable forms of energy, according to Al-Chourouk.
Members of parliament met with the National People’s Assembly during the week beginning from 14th August.
The main topics of discussion were the current state of the electricity market in Algeria, reviewing electricity prices, which are tied to the government’s decision. They will also review prospects for electric supply, as well as export mechanisms and policies.
The legislation also includes new measures to accelerate the transition into renewable energy, attracting new investors in the sector, raising the national production rate and doubling exports abroad.
