How many billions of profits does the Algiers energy storage power station make

Does Algeria have solar power?

Algeria has renewable energy potential along its relatively long coastline on the Mediterranean Sea, which is suitable for wind, while desert regions offer significant solar power potential. Algeria has 13 hydropower plants, mainly located in the northern parts of the country, where rainfall is relatively plentiful.

How much electricity does Algeria generate?

Algeria also had installed electricity generation capacity of 22.6 gigawatts (GW) and generated 96.3 GWh of electricity. Nearly all (97%) of Algeria’s installed generation capacity is fossil fueled. The remaining capacity is hydroelectricity or other renewable sources. Algeria’s installed capacity grew by about 42% over the past decade.

How much natural gas did Algeria export in 2023?

According to the Energy Institute’s 2024 Statistical Review of World Energy, Algeria exported about 1.9 Tcf of natural gas in 2023, most of which went to Europe. About 672 Bcf of natural gas was exported as LNG, and the remaining 1.2 Tcf was shipped via pipeline (Figure 13).21

Is Algeria an importer or exporter of electricity?

Algeria participates in electricity trade as both an importer and exporter. Algeria imported an average of about 0.5 GWh and exported an average of about 1.2 GWh from 2014 to 2023.