Tunisia energy storage power station
Acquired by Drax Group in December 2018, the site is one of only four pumped storage hydro stations in the UK and has the capacity of 440 MW - enough to power more than 500,000
In 2022, only 3% of Tunisia's electricity is generated from renewables, including hydroelectric, solar, and wind energy. While STEG continues to resist private investment in the sector, Parliament's 2015 energy law encourages IPPs in renewable energy technologies.
In 2024, the GOT is also expected to launch a tender for the construction of at least one 470-550 MW combined-cycle power plant in Skhira (south Tunisia) as an IPP. In May 2018, the Ministry of Energy and Mines published a call for private projects to build renewable power plants with a total capacity of 1,000 MW (500 MW wind and 500 MW solar).
State power utility company STEG controls 92.1% of the country's installed power production capacity and produces 83.5% of the electricity. The remainder is imported from Algeria and Libya as well as produced by Tunisia's only independent power producer (IPP) Carthage Power Company (CPC), a 471-MW combined-cycle power plant.
The sector also offers opportunities for possible Build-Own-Operate (BOO) or Build-Operate-Transfer (BOT) projects. Much of Tunisia's electricity production comes from gas turbines. Major players in this sector include General Electric (USA), Mitsubishi (Japan), Ansaldo (Italy), and Siemens (Germany).
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