The collapse in oil prices has weighed on the Algerian economy, giving rise to twin deficits in the budget and current account. In mid-2016 the government introduced a bold medium-term plan that targets a balanced budget by 2020, alongside a new growth model with a strategy for economic development and diversification by 2030. These moves have coincided with the private sector playing a much stronger role in the economy.
What potential is there for renewable energy to play a bigger role in the country’s energy mix?
Qatar operates a modern and technically proficient power transmission and distribution network. The system benefits from a compact country service area of only 11,570 sq km and modern infrastructure, much of it installed over the last 10 years as total generation capacity grew by over 140%.
Central to Qatar National Vision 2030 (QNV 2030), the country’s long-term development plan, is creating a competitive and diversified economy. The industrial sector plays a key role in this, broadening the scope of private sector activity, encouraging the shift to higher value-added activities and creating jobs in an increasingly knowledge and...
Key to Qatar’s drive towards diversification in its economy is developing a thriving private industrial sector. The most recent national development strategy has thus sought to encourage businesses, with a particular focus on small and medium-sized enterprises (SMEs). This support is also likely to continue in the National Development Strategy...
Driven by large energy-intensive developments and a rapidly growing population, demand for electricity and water has surged in Qatar over the past decade. Peak power demand on the country’s networks has more than doubled since 2006, while water consumption has also increased in tandem with the country’s development, according to data released...
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