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The European Union has approved the Medlink project, an underwater electricity interconnection between Algeria and Italy via Tunisia. This project, considered a priority in the field of renewable energy, aims to transport 2,000 megawatts of green electricity produced in Algeria to Europe. It is part of a broader energy cooperation program between the two shores of the Mediterranean, with the ambition of developing 10 gigawatts of renewable energy (solar, wind, batteries) in Algeria and Tunisia.
Algeria plans to export up to 28 terawatt hours of electricity per year, equivalent to around 8% of Italy's consumption. This volume could generate annual revenues estimated at between €1.5 and €2 billion, depending on European market prices. The project has the official support of the European Union, notably through the CEF-E program, which could finance technical studies and part of the construction. Medlink is being developed by the Italian company Zhero, with an estimated cost of €5 billion.
To support this interconnection, Algeria is strengthening its renewable energy production capacity, with a target of 15,000 megawatts of solar photovoltaic power by 2035. To date, 3,200 megawatts are already under development. This program could generate up to 100,000 direct and indirect jobs, according to IRENA estimates.
Beyond the economic benefits, Medlink represents a strategic lever for Algeria. It promotes local industrial development, workforce training, and the emergence of a coherent energy sector. On the diplomatic front, it strengthens Algeria's role in the European energy transition and its integration into the ENTSO-E continental electricity network. This technical opening will facilitate access to the main European electricity markets and consolidate Algiers' position as a strategic supplier at the gateway to Europe.