Electricity sector sees promising uptick in 2022

Electricity sector sees promising uptick in 2022

The Electricity and Renewable Energy sector managed to attain a quantum leap in the various spheres and secure the local market’s needs, despite the diversity of global challenges during 2022, according to a report Wednesday.

A number of procedures and reform policies were adopted in the energy sector, as part of a comprehensive strategy that includes securing supplies and good governance.

The ministry has also taken concrete steps to totally reverse power cuts and attain electricity surplus.

During 2022, the electricity sector also adopted several executive steps to attain sustainability of renewable energy and energy sector.

The electricity sector also adopted a strategy aiming to diversify energy sources, expand the use of renewable energy and rationalize the use of traditional energy sources within the National Renewable Energy Strategy.

Such strategy primarily aims to increase renewable energy by 40 percent in 2035.

The green transition also represents a promising opportunity to attain economic development in the various vital sectors.

By the end of 2022, the total installed capacities produced from renewable energy stations amounted to about 6,000 megawatts, which represents 20 percent of the maximum load, in addition to that it is expected that the installed capacities of renewable energies will reach about 10,000 megawatts by the end