Tunisia new energy storage

4 FAQs about Tunisia new energy storage

Why should Tunisia invest in tereg?

“ By fostering renewable energy development, TEREG will strengthen Tunisia's position in clean energy, creating economic opportunities and ensuring long-term energy security,” said Alexandre Arrobbio, World Bank Country Manager for Tunisia. “ This project reflects our strong partnership with Tunisia and supports its sustainable development goals.

What is the energy situation in Tunisia?

The energy situation in Tunisia is marked by limited resources, a decrease in production and a sharp increase in demand. The gap between energy generation and national demand in hydrocarbons has created a deficit in the primary energy balance, which reached 49% in 2018, against 15% in 2010.

How will Tunisia's energy reforms impact the economy?

“ The program's reforms—such as reducing technical and commercial losses and increasing the share of renewables—are expected to deliver lasting improvements in the operational and financial performance of the sector, making electricity more affordable and reliable for households and businesses across Tunisia.”

How will the tereg program help Tunisia achieve its goals?

The TEREG program is expected to support Tunisia in achieving its goals to mobilize US$2.8 billion in private investment to add 2.8 gigawatts of new solar and wind capacity by 2028, and create over 30,000 jobs, primarily during the construction phase of renewable projects.