Libya aims to triple power capacity within 10 years

Libya wants to triple its power generation capacity within a decade to support what it hopes will be a flood of foreign investment aimed at expanding and diversifying an economy that is heavily dependent on oil and gas exports.

The government’s plan includes increasing installed electrical generation capacity to 20 gigawatts by 2020 from about 6.2gw at present. As well as supplying the domestic market, Libya is aiming to export power to Europe.

Tripoli has also set a target of supplying 10 per cent of its energy consumption from renewable sources, especially solar and wind power…read more

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