[ACCI-CAVIE] Against a backdrop of progress in wind and solar to ensure energy transition, Morocco wants to meet its growing electricity needs while building its clean energy capacity.
In Morocco, the government plans to increase renewable energy capacity to as much as 12 GW by 2030, up from more than 5 GW currently, according to statements by an official to The National on the sidelines of the World Utilities Congress in Abu Dhabi on May 9, 2022.
“There is now a lot of investment in developing renewable energy projects in different parts of the country. The total investment in these projects would be in the billions of dollars. We have one of the most competitive wind and solar resources,” commented Said Mouline, director general of the Moroccan agency for energy efficiency.
Turning the tide
Morocco currently imports more than 90% of its energy needs and hopes to increase the share of renewable energy in its total electricity capacity to 52% by 2030, 70% by 2040 and 80% by 2050.
According to the British data analysis and consulting firm GlobalData, Morocco expects to meet its renewable energy targets thanks in part to technological developments in energy storage, green hydrogen, and lower renewable energy costs. Renewable energy currently accounts for 40% of the country’s total electricity mix.
GlobalData points out that once the goal is achieved, it will also help reduce Morocco’s dependence on thermal sources such as coal and oil. Indeed, the share of installed coal capacity will decrease from 38.8% in 2020 to 22% in 2030 and the share of oil-based thermal capacity will be reduced to 9.2% in 2030, from 16.2% in 2020.