![Algeria Power Market Size Algeria Power Market - Market Summary](https://s3.mordorintelligence.com/algeria-power-market/algeria-power-market-size-image-1735449174624.webp)
Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Historical Data Period | 2020 - 2023 |
CAGR | 8.50 % |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Algeria Power Market Analysis
The Algeria Power Market is expected to register a CAGR of greater than 8.5% during the forecast period.
- As world start shifting toward renewable energy and country start witnessing a decrease in oil and gas production since 2014, rising domestic consumption and increasing environmental awareness, solar energy has come to occupy a prominent role in the development of the country's energy mix in recent years. Renewable energy is likely to dominate the Algeria power market.
- With Renewable Energy Target (RET) of 2030, Algeria was aiming to achieve a 27% renewable share in electricity generation. This, in turn, government policy is likely to provide a better opportunity to the Algeria power market in coming near future.
- Algeria has many ambitious renewable projects lined up. With enormous solar energy potential, the country is ready to take a leap in the renewable market. Strong government support to solar power industry likely to drive the Algeria power market during the forecast period.
Algeria Power Market Trends
Non-hydropower Renewables Energy Generation to Dominate the Market
- As of 2018, oil and gas-fired power plants were dominating the power generation sector of the country. The renewables, including the hydropower electricity, accounted for merely 3.85% of the production capacity. Moreover, the PV and CSP account for only 3.2% of the total power generation capacity in the country, but during the next 10 years, solar power plants, cumulatively, are expected to account for about 15% of power generation.
- In order to reduce the dependency on oil and gas, and reduce the CO2 emissions, Algeria is focusing on the development of the renewable sector. Hence, the government is expected to be dependent on renewable energy, mainly on solar power to increase the power generation capacity.
- Moreover, according to the FiT scheme launched in 2014, the base tariffs range from DZD 12.75 per kilowatt-hour to DZD 15.94/kWH for solar PV projects, which reduces the uncertainties in power tariffs, thereby driving the investments in the Algeria solar PV market.
- In addition, Solar PV in Algeria is in the process of transitioning from the utility-scale sector to increased uptake across residential, commercial, and industrial (RCI) sectors. This, in turn, owing to government policies and foreign investment to support renewable energy-based electricity generation is likely to dominate the Algeria power market during the forecast period.
![Algeria Power Market Trends Power Generation Capacity Target (2030), by Renewables Type](https://s3.mordorintelligence.com/algeria-power-market/1585986711289_algeria-power-market_Power_Generation_Capacity_Target%2C_in_MW%2C_by_Renewables_Type%2C_Algeria_%2C_2030.webp?q=0.582632811940736)
Increasing Adoption of Solar Power Plant in the Country Driving the Market
- The country has limited potential for hydropower generation and has little experience with power generation from renewable resources other than solar and hydropower.
- As of August 2019, Algeria had 5600 MW capacity of solar power plants under construction. To achieve further development of the sector, through the National Renewable Energy Development Programme (PNDER), the government aims to install 22,000 MW of renewable power plants with an investment of USD 34 billion, with solar power accounting for a dominant share.
- However, Algeria aims to increase the share of renewables, the share of the conventional power generation sector is expected to remain over 70% for next 15 years, and the country has significantly higher supply capacity than demand. Hence, the economic argument for the inclusion of wind power as a supporting renewable source for solar power is not as strong in Algeria as it is in western countries.
- Hence, the solar power market is expected to dominate and drive the power market during the forecast period.
Algeria Power Industry Overview
The Algerian power market is moderately fragmented. The major companies include General Electric Company, Eni Spa, Condor Electronics SPA, SOLIWIND Algérie Sarl, Algerian Energy Company, Spa, and Others.
Algeria Power Market Leaders
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General Electric Company
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Eni Spa.
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Condor Electronics SPA
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SOLIWIND Algérie Sarl
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Algerian Energy Company, Spa
- *Disclaimer: Major Players sorted in no particular order
![Algeria Power Market Concentration Algeria Power Market - Market Concentration.png](https://s3.mordorintelligence.com/algeria-power-market/algeria-power-market_Algeria_Power_Market_-_Market_Concentration.webp)
Algeria Power Industry Segmentation
The Algerian power market report includes:
Algeria Power Market Research FAQs
What is the current Algeria Power Market size?
The Algeria Power Market is projected to register a CAGR of greater than 8.5% during the forecast period (2025-2030)
Who are the key players in Algeria Power Market?
General Electric Company, Eni Spa., Condor Electronics SPA, SOLIWIND Algérie Sarl and Algerian Energy Company, Spa are the major companies operating in the Algeria Power Market.
What years does this Algeria Power Market cover?
The report covers the Algeria Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Algeria Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Algeria Power Industry Report
Statistics for the 2025 Algeria Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Algeria Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.