Algeria Prime Minister Abdelaziz Djerad this week told Hassi Messaoud of a national strategy for a smooth energy transition aimed at developing and raising the production of renewable energies to 16,000 megawatts by 2035.
In his speech on the occasion of the celebration of the double anniversary of the nationalization of hydrocarbons and the creation of the UGTA, Djerad affirmed that this strategy, which aims to produce 4,000 megawatts by 2024 and 16,000 megawatts by 2035, will save nearly 240 billion m3 of natural gas in addition to an efficient development of the fabric of small and medium-sized enterprises (SMEs), specialized in the manufacturing of renewable energy components.
The prime minister presided over the festivities commemorating the double anniversary of the creation of the UGTA and the nationalization of hydrocarbons on Monday in Hassi Messaoud (W. Ouargla).
Djerad highlighted, in this sense, the imperative to continue to encourage the booming petrochemical industry, with a view to enhancing the national production of hydrocarbons, meeting national demand for petroleum derivatives and move towards export.
“Freeing oneself from dependence on hydrocarbons and moving towards renewable energies is no longer a choice for the government, but an imperative necessity, given the fluctuations in oil prices,” he stressed.
Stressing that Algeria “has a huge potential in solar energy which allows it to be a pioneer in the production of this type of clean energy,” Djerad clarified that “this is the new economic orientation adopted to exit absolute dependence on oil rent.”
In terms of economic renewal, the prime minister stressed the imperative to develop agriculture, industry, petrochemicals, tourism and the knowledge economy and all the sectors that generate wealth, “in as the only way to face the challenges that are imposed on us.”
“The government is resolved to move forward to meet these challenges, strong in this from the history of struggle of the Algerian people, the mobilization of workers, the genius of researchers and the ambition of youth,” he assured.
In addition, Djerad recalled that the creation of the UGTA and the nationalization of hydrocarbons were two of the greatest stops in the modern history of the country and an avant-garde example in terms of consolidating the achievements of national sovereignty, which must be reinforced by other achievements to move from the frozen use of this wealth to its exploitation in the revival of an industry and an economy that create wealth.
“We must mobilize our efforts to allow our country to reach a new stage despite the difficult internal and external conjunctures,” he added, saying that “the strong aspirations for change, for democracy, for social justice and the building of the rule of law, expressed by the people on February 22, 2019, also constitute “another historic halt in the process of building new Algeria.”