"Algeria Power Report 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Sep 04 2015


Algeria has ambitious investment programme over 2015-2024 , which will be driving strong gas generation growth. Historically strong gas-fired generation growth rates are supportive of further steady capacity growth, additionally the political situation is relatively stable and Algeria brought a sizeable 460MW Biskra gas plant online ahead of schedule last year. BMI considers these to be positive signs to spur the gas capacity growth.

Algerian state-owned incumbent Sonulgaz is aiming to build nearly 28GW of new capacity by 2025. The utility claims that 15.4GW of this capacity has already been allocated and over the next three years 14.2GW of new capacity will come online, most of which will be gas-fired. BMI has a fairly bullish view on this capacity coming online. Despite lower oil and gas prices, which are detrimental to the revenues that the Algerian state will be receiving, BMI's Country Risk team believes the Algerian GDP will 3.4% CAGR on average over 2015-2019. As another positive sign. Sonulgaz brought the fairly sizable 460MW Biskra gas-fired plant online early. BMI also believes that domestically available gas will help utilities cut the feedstock prices and make it cheaper to develop new gas-fired generation. As a result, BMI believes gas-fired generation will increase over 2015-2024, sidelining renewable generation growth.

Full Report Details at
- http://www.fastmr.com/prod/1024103_algeria_power_report_2015.aspx?afid=302

The country's power consumption is expected to increase from an estimated 46.0TWh in 2015 to 75.5TWh in 2024. During 2015-2019 the average annual growth rate for electricity demand is forecast at 6.1%, but is predicted to decline later in the decade to an average 5.4% during 2020-2024.

In 2011 the Algerian Council of Ministers approved a new national policy for renewable energy sources, which aims to install 22,000MW of renewable energy capacity between 2012 and 2030.

The Algeria Power Report features BMI Research's market assessment and independent forecasts covering electricity generation (coal, gas, oil, nuclear, hydro and non-hydro renewables), electricity consumption, trade, transmission and distribution losses and electricity generating capacity.

The Algeria Power Report also analyses the impact of regulatory changes, recent developments and the background macroeconomic outlook and features competitive landscapes comparing national and multinational operators by sales, market share, investments, projects, partners and expansion strategies.

Key Benefits

* Use BMI's independent industry forecasts for Algeria to test other views - a key input for successful budgeting and strategic planning in the power market.
* Target business opportunities and risks Algeria's power sector through our reviews of latest power industry trends, regulatory changes, and major deals, projects and investments in Algeria.
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