
A New Surge in Electricity Consumption
A recorded increase of 1200 megawatts compared to the record peak registered last year.
Government economic decisions, reforms, budgets, and fiscal policy

A recorded increase of 1200 megawatts compared to the record peak registered last year.

Driven by the continuous rise in global crude oil prices and the increase in production volumes, Algeria's foreign currency revenues from hydrocarbons are expected to be massive for 2026. Despite a high-tension international geopolitical context disrupting global supply, this favorable situation offers a real financial breath of fresh air to the country. A strategic opportunity that should allow the Algerian economy to offset the rise in its imports and to finance its heavy investments in infrastructure and the mining sector with ease.

For this year, for which the harvesting campaign is still ongoing, cereal production forecasts are above average. Some observers even describe this harvest as record-breaking and unprecedented. It is particularly driven by exceptional rainfall in the northern wilayas of the country and increased mechanization in the wilayas […]

Algeria has become the main export market for the Spanish port of Vigo in the first half of 2026. Between January and June, around 74,000 tons of goods headed for the Algerian market, according to data from the Vigo port authority. This volume places Algeria slightly ahead of the United States, with about 73,000 tons, and Morocco, which comes in third with nearly 65,000 tons.

Last Monday, electricity demand in Algeria reached 21,650 megawatts, an unprecedented level, due to a heatwave and intensive use of air conditioning.

Algeria is focusing on securing and achieving medical self-sufficiency by the end of 2027. The Minister of Pharmaceutical Industry, Ouacim Kouidri, who chaired a crucial technical meeting earlier this week with the public group Saidal and its foreign partners, emphasized that it is now imperative to free oneself from external dependence.

In the face of climate challenges and growing demand, Algeria is engaged in a real race against time to ensure its sustainable water security. The authorities have just taken a decisive step by mobilizing a colossal financial envelope of 23 billion Algerian dinars.

Algeria - Electricity consumption recorded today, Tuesday, a fourth record peak this year, at 21.727 megawatts, in the context of the exceptional heat wave accompanied by high humidity levels in coastal areas experienced by many provinces, according to what was revealed by the Ministry of Energy and Renewable Energies.

Gold prices fell yesterday Tuesday due to the surge in U.S. Treasury yields. Spot gold was down 0.5% at $4,393.11 an ounce (1:51 PM GMT), while U.S. gold futures for December delivery dropped 0.6% to $4,448.

The Ministry of Energy and Renewable Energies announced the recording of the fourth record peak in electricity consumption since the beginning of the year, today Tuesday.

Electricity consumption recorded today, Tuesday, the fourth record peak this year, at 21.727 megawatts, in the context of the exceptional heat wave accompanied by high humidity levels in coastal areas experienced by many provinces, according to what was revealed by the Ministry of Energy and Renewable Energies.

Oil prices recorded a slight increase today, Tuesday, supported by rising geopolitical tensions in the Gulf and Middle East region.