Libya has set a goal to generate 20% of its electricity from renewable energy by the year 2035, the US embassy in Libya stated on Facebook, deeming the step a strategic economic development for the country.
The embassy highlighted the US support for Libya in this field, noting that the strategy was adopted in October with significant support from the US Agency for International Development (USAID).
According to the strategy, Libya will aim to source at least 20% of its electricity consumption from renewable sources by 2035. This transition is expected to be a strategic economic move, as energy subsidies in Libya account for 30% of government spending annually, the embassy explained.
On November 10, USAID organized a conference on Libya's electricity sector in the Tunisian capital, which was attended by Libya's Minister of Planning, Muhammad al-Zidani, and the Chargé d’Affairs at the US Embassy in Libya.
US Chargé d'Affaires to Libya, Jeremy Brent, said the US technical support aims to help Libya modernize the energy sector, enhance transparency, and improve service delivery.
The Director of the USAID in Libya, John Cardenas, announced on July 31 an aid package to Libya to increase electrical power generation, integrate renewable energy, and reduce consumption to ensure the continued flow of energy in the country for years.
Cardenas also highlighted the projects supported by the US agency in Libya, such as repairing roads, installing solar-powered lighting poles, building stadiums, restoring markets, and establishing health emergency operation centres.