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.
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.
Why is natural gas a macroeconomic risk for Tunisia?
Natural gas is the principal fuel employed to generate electricity. This dependence on imported oil and gas is a substantial macroeconomic risk for Tunisia as it leaves the country vulnerable to the price volatility of international commodity markets.
What is elmed & how will it impact Tunisia?
ELMED will be the first direct electricity connection between Tunisia and Italy. The 220 km power line with a capacity of 600 MW will run from Sicily to the Cap Bon in Tunisia. The objective is to increase the exchange of electricity generated from renewable sources.
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Discussion & Message Board
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