Libya International Exhibition for Power Generation, Transmission Distribution & Renewable Energy
Expo Libya Exhibition Grounds, Benghazi
Book Your Stand Register to VisitAbout LYNERGY
Libya’s energy & power supply sector remains a vital component of the country’s economy. The sector is primarily based on oil & natural gas
production, which accounts for the majority of the country’s revenue. However, the power supply sector, which involves the generation,
transmission, & distribution of electricity, faces a number of challenges, including high demand for energy, inefficient infrastructure, &
frequent power outages.
Strategic goals (national renewable energy plan): Libya has set a target to generate 20% of its electricity from renewable sources by 2035,
aiming to diversify its energy mix & reduce reliance on fossil fuels.
The government also has considered reforms to improve the efficiency & transparency of the energy sector, including privatization of certain
aspects of energy generation & distribution. The energy & power supply sector holds significant potential for growth, particularly through
investment in renewable energy, modernization of power infrastructure, & international partnerships.
There are plans to explore solar energy, given the country’s favorable climate, but the sector is still in the early stages of development, hence
the government has expressed interest in expanding solar power generation.
As of March 2023, Libya's General Electricity Company (GECOL) reported achieving a generation capacity of 8,200 megawatts (MW). the
transmission & distribution networks in Libya are underdeveloped, & frequent power outages are a common issue in many areas of the
country. that’s why the country is adopting ambitious plans to upgrade the power plants, modernize the grid & invest in energy-saving
technologies.
The power supply sector in Libya is characterized by a high reliance for electricity generation on fossil fuels, particularly natural gas, which
accounts for approximately 67% & oil contributing around 33% of the energy mix. thermal power plants using natural gas account for most
of the electricity generation capacity, with some contribution from diesel. the majority of Libya’s electricity is generated through thermal
power stations that burn natural gas. the key plants are located in areas like Tripoli, Zawia, & Benghazi.
Owing to its vast natural resources, ambitious energy targets, and supportive policy framework. The country is endowed with abundant solar and wind potential, receiving approximately 3,200 annual brightness hours and averaging 6 kWh/m²/day in solar radiation.
Libya's National Strategy for Renewable Energies and Energy Efficiency aims to integrate 4 GW of renewable energy into the national grid by 2035, with a target of sourcing 20% of electricity from renewable sources by that year.
The government's commitment to renewable energy is further demonstrated by significant investments from international energy companies. For instance, TotalEnergies has initiated a 500 MW solar project in As-Saddadah, highlighting the growing confidence in Libya's renewable energy sector.
Additionally, the Renewable Energy Authority of Libya (REAOL) is actively promoting solar panel installations on public and private buildings, contributing to the country's renewable energy capacity.
Libya's strategic location in North Africa positions it as a gateway for renewable energy trade and collaboration between Europe, the Middle East, and sub-Saharan Africa. The country's proximity to European markets, coupled with its energy infrastructure, facilitates the export of renewable energy and the exchange of technological expertise. Hosting international trade fairs in Libya would foster partnerships and attract investments, accelerating the development of the renewable energy sector.
The establishment of the Libya Energy & Economic Summit further underscores the country's potential as a venue for international energy events. The summit gathers over 1,500 attendees from more than 30 countries, including policymakers, industry leaders, and technology providers, to discuss and explore opportunities in Libya's energy sector . This platform not only showcases Libya's commitment to energy development but also serves as a catalyst for innovation and collaboration in the power and renewable energy industries.
Power Generation Sector
Energy Sector