No Result
View All Result
Thursday, December 25, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Libya renewable energy potential huge, but needs billions in investment – Electricity Minister Muhairig

bySami Zaptia
July 28, 2013
Reading Time: 1 min read
A A

By Sami Zaptia.

Tripoli, 27 July 2013:

Asked if there was a role for renewable energy in helping solve the power cuts currently . . .[restrict]hitting north western and southern Libya, Electricity Minister Ali Muhairig said not in the very short term.

Muhairig, answering questions at last week’s press conference, said that the demand for electricity in Libya was over 6,000 MW and that renewable energy’s contribution was at best going to be about 54 MW.

This is too little, in the very short term to solve the current peak summer time demand, he added.

RELATED POSTS

NOC holds meeting with EU delegation to review established partnerships with EU oil and gas companies and discuss emissions and renewables

PowerElec 2025 will be held from 8-11 December at Tripoli International Fairgrounds

However, he did reveal that there was a 14 MW renewable energy project starting operation in Houn soon and a 40 MW project starting in Sabha.

When the electricity supply is stabilized, he said, then we can move on to renewables, he added.

The Minister, nevertheless, stressed that Libya had huge potential in this field, but it needed billions’ worth of investment.

He speculated that the Libyan public budget might not in the short term be able to fulfill this need for investment, and that foreign investors were ready to participate. [/restrict]

Tags: budgetelectricityforeign investorsrenewable energy

Related Posts

NESDB discusses food security and social protection with World Food Programme
Business

NESDB symposium aimed at mitigating the negative effects on Libyan state and society of the phenomenon of illegal migration and settlement

December 24, 2025
CBL receives results from meetings with international banks
Business

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

December 24, 2025
The much-delayed refurbishment of Tripoli’s historic Grand Hotel commenced by ODAC
Business

The much-delayed refurbishment of Tripoli’s historic Grand Hotel commenced by ODAC

December 24, 2025
Libyan Egyptian Joint Economic Chamber discusses organizing return of Egyptian workers to Libya
Business

‘‘Benghazi Real Estate Horizon 2025’’ exhibition held in Benghazi from December 20-22

December 24, 2025
CBL launches Certificates of Deposits worth LD 15 billion – from October to December 2025
Business

HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: Husni Bey

December 23, 2025
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce receives Turkish trade delegation from Bursa

December 23, 2025
Next Post

Stalled projects must resume - Zeidan

Libya’s problems are internal – Zeidan

Libya’s problems are internal - Zeidan

libyaherald-Ads

Top Stories

  • CBL receives results from meetings with international banks

    CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system

    0 shares
    Share 0 Tweet 0
  • Western Libya’s Chief of General Staff of the Libyan Army and his accompanying delegation die in plane crash over Ankara

    0 shares
    Share 0 Tweet 0
  • HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: Husni Bey

    0 shares
    Share 0 Tweet 0
  • High-level national workshop held to review Libya’s draft Renewable Energy Law

    0 shares
    Share 0 Tweet 0
  • Hatif Libya phone company signs MoUs at its “Hatif Libya – 15 Years of Communication” forum

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

NESDB symposium aimed at mitigating the negative effects on Libyan state and society of the phenomenon of illegal migration and settlement

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.