مجلة رؤى اقتصادية
Volume 14, Numéro 1, Pages 123-140
2024-07-19

Sonelgaz In Algeria: Diversification Into Industrial Energy Efficiency Services And Potential For Value Creation In A Changing Sector

Authors : Sediki Abderrahmane . Matmer Dalila .

Abstract

SONELGAZ, a major player in the electricity sector in Algeria, is exploring diversification towards energy efficiency for industries. An in-depth study analyzes the advantages (reduction of energy consumption, savings, sustainable development) and challenges (initial investment, culture change, competition) of this strategy. The aim is to inform SONELGAZ's decision-making and to feed the debate on the energy transition in Algeria. Success will depend on careful planning, sound investments and collaboration with key partners such as the economic partner, the foreign company General Electric (GE). This diversification represents a major opportunity for the company and for Algeria to meet the challenges of the energy transition and to create a sustainable energy future

Keywords

Energy transition ; , stakeholder engagement ; overall performance ; diversification strategy ; Algeria