Tunisia energy storage power supply retail price

What percentage of Tunisia's electricity is renewable?

In 2022, only 3% of Tunisia’s electricity is generated from renewables, including hydroelectric, solar, and wind energy. While STEG continues to resist private investment in the sector, Parliament’s 2015 energy law encourages IPPs in renewable energy technologies.

Who produces electricity in Tunisia?

State power utility company STEG controls 92.1% of the country’s installed power production capacity and produces 83.5% of the electricity. The remainder is imported from Algeria and Libya as well as produced by Tunisia’s only independent power producer (IPP) Carthage Power Company (CPC), a 471-MW combined-cycle power plant.

Will private players drive the Tunisia power market?

Moreover, the government has plans to launch tenders for about 3.5 GW of renewable energy of about USD 3.5 billion by 2030, or approximately 350 MW per year, over the next ten years. Hence, the above points indicate that the increasing involvement of private players in the market is likely to drive the Tunisia power market over the forecast period.

What is Tunisia's energy policy?

Tunisia aims to cover 35% of its power mix with renewables in 2030. CO 2 emissions decreased by 1.7% in 2022. STEG has the monopoly on power generation, transmission, and distribution, and manages gas transmission and distribution. ETAP is the largest oil and gas company. The country relies increasingly on gas imports from Algeria (62% in 2022).

What is the energy sector in Tunisia?

The sector also offers opportunities for possible Build-Own-Operate (BOO) or Build-Operate-Transfer (BOT) projects. Much of Tunisia’s electricity production comes from gas turbines. Major players in this sector include General Electric (USA), Mitsubishi (Japan), Ansaldo (Italy), and Siemens (Germany).

Who are the key players in the Tunisia power market?

The Tunisia power market is consolidated. Some of the key players in this market include Ansaldo Energia SpA, General Electric Company, Nur Energie Ltd, Seeraj Energy, and Societe Tunisienne de l'Electricite et du Gaz (STEG).