The future of renewable energies in light of the privileges of the investment law

Abstract

Energy occupies a prominent position in the global economy because of its direct relationship to production, as oil is its primary source. However, due to the negative effects of this traditional energy, especially the problem of global warming resulting from the excessive use of energy sources, add to this the necessity of applying the principle of sustainable development to preserve underground energy sources, which are considered fleeting wealth. Algeria has developed a national strategy to diversify energy sources to achieve the principle of sustainable development on the one hand. On the other hand, preserving the environment. Since Algeria is characterized by the diversity of renewable energies, it sought to encourage investment in this field by providing the institutional and legal framework that ensures the optimal exploitation of these energies. However, the exploitation of the sources of these energies was very little despite the procedures followed by the state in this field, as a result of many obstacles facing investors, the most important of which is the problem of the cost of investing in renewable energies. Therefore, the legislator stipulated incentive privileges for investment in renewable energies in the investment law to encourage the private sector to invest in renewable energies.