The Law seeks to encourage investment in renewable energy and consequently increasing the contribution of renewable energy electricity to 30% (equivalent to 3,800 MW) of total electricity production by 2030. This law aims to boost investments in the electricity sector, create 10 thousand jobs and reduce the debt of the STEG. Furthermore it aims to preserve the environment, through an estimated decrease of atmospheric pollutant emissions of 38 million tons. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]
Impact indicators:
- 1Name: Share of renewables (%)Value: 15Base year: -Target year: 2030Comments: 50% by 2050