Algeria is preparing to supply Europe with extra electricity capacity by 2022. This move is part of the country’s efforts to diversify its economy and further its goal of becoming a major player in the global energy market. The announcement was made by Algeria’s President Abdelmadjid Tebboune, who suggested that the country should sell its spare electricity capacity to European countries. He made the announcement during a speech at the opening of Algeria’s first hydroelectric power station, which is expected to generate 500 megawatts of electricity. The news is particularly significant for Europe, as it is currently facing an energy crisis due to its reliance on imported fuel. Algeria’s move to sell its spare electricity capacity could help alleviate the continent’s energy woes. The country has long been a major exporter of natural gas to Europe, but this is the first time that it has made a move to supply electricity to the continent. This could be a major boon for Algeria’s economy, as it will be able to benefit from the lucrative European energy market. The move could also help Algeria to become a major player in the global energy market. By supplying Europe with electricity, Algeria could gain a foothold in the market and potentially become a major supplier of electricity across the world. It remains to be seen if Algeria will be able to follow through with its plans to sell its spare electricity capacity to Europe by 2022. However, it is clear that the country is serious about diversifying its economy and becoming a major player in the global energy market. This could be a major boon for Algeria’s economy, and it could also provide Europe with a much-needed source of electricity.
Sat. Sep 23rd, 2023
