How Teri support Tunisia's energy sector?
The multi-year support to Tunisia’s energy sector, particularly to increase renewable energy generation, has been financed by both the TERI Anchor Trust Fund and the Compact with Africa Trust Fund – an associated Trust Fund to the TERI Umbrella program.
When will elmed become operational in Tunisia?
ELMED is expected to become operational by and will strengthen Tunisia's energy network, facilitating both renewable energy trade and grid stabilization to integrate more renewable energy. ELMED will be the first direct electricity connection between Tunisia and Italy.
Does Tunisia need electricity?
Tunisia relies on imported natural gas to meet the majority of its growing electricity needs, even though the country has a vast potential to generate renewable energy. Despite limited economic growth over the last decade, peak demand for electricity has continued to grow at a high rate, around 5% per year between and .
Can Tunisia export green electricity?
Exploiting its renewable energy potential will also allow Tunisia to export green electricity, including green hydrogen, contributing to the GHG emission targets of the Maghreb and Europe.
Can Tunisia become energy independent?
Tunisia has the potential to become energy independent and to transform itself from an energy importer to an energy exporter. Renewable energy, often referred to as clean energy, comes from natural sources or processes that are constantly replenished such as sunlight and wind.
How will the World Bank support Tunisia?
The World Bank and the TERI Umbrella Program will continue to support Tunisia to make its ambitious energy transition a reality. As previously mentioned, the World Bank will support the launch of 2GW of renewable independent power producer (IPP) projects as well as partly finance the construction of the transformational ELMED project.
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RENEWABLE ENERGIES:
The ELMED interconnection project, which will link Tunisia to Italy by , will play a key role in stabilizing energy supply, while supporting the energy transition in Tunisia and Europe.
THE REPUBLIC OF TUNISIA
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