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4 FAQs about Tunisian Electricity Investment Group Energy Storage

Why is Tunisia investing in a secure electricity network?

To ensure a resilient electricity network, Tunisia is investing in modern, secure infrastructure. The ELMED interconnection project, which will link Tunisia to Italy by 2028, will play a key role in stabilizing energy supply, while supporting the energy transition in Tunisia and Europe.

Why should Tunisia invest in tereg?

“ By fostering renewable energy development, TEREG will strengthen Tunisia's position in clean energy, creating economic opportunities and ensuring long-term energy security,” said Alexandre Arrobbio, World Bank Country Manager for Tunisia. “ This project reflects our strong partnership with Tunisia and supports its sustainable development goals.

Who manages the energy sector in Tunisia?

As of March 2020, the Tunisian electricity sector is managed by the Ministry of Energy, Mines and the Energy Transition. For the past two years, renewable energy portfolio was managed by the Ministry of Industry, Small and Medium Size Enterprises.

How can the Energy Transition Fund help Tunisia?

The Energy Transition Fund, Tunisia Investment Authority and Tunisian Guarantee Company can be complemented with guarantee funds or secure credit lines (e.g. liquidity guarantees or credit lines) to local commercial banks by international finance institutions like the French Development Agency (AFD) and International Finance Corporation.

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