How Morocco’s Tackling The Domestic Energy Shortage?

Morocco is betting on renewables to strengthen its energy independence, lower the cost of energy, and position itself in the carbon-free economy in coming decades. The country has an optimal setting for climate-friendly investment. The nation is currently a significant player solar energy market on the global scale as it owns the world's biggest concentrated solar power facility.

ENERGY TRANSITION STRATEGY

While domestic energy sources are still lacking, domestic demand for energy consumption continues to rise. Since 2004, total primary energy consumption has grown by roughly 5% annually, and almost 90% of the energy was imported. Despite the high import rate, Morocco's production capacity increased substantially from only 35 megawatts in 2012 to 774 megawatts in 2021. The action taken in 2009 by Abderrahim Ksiri, the national coordinator of the Moroccan Coalition for Climate and Sustainable Development, was one effective approach that brought about an energy transition. He started the process of creating the nation's energy transition strategy. This plan was created to help Morocco realize its extraordinary potential, which includes the ability to produce 500 terawatt-hours of clean energy annually.

EFFECTIVE MEASURES

Noor Ouarzazate, a solar power plant station in Morocco, began its operation in January 2016. The plant covers 2,000 hectares and is divided into four sections using various technologies including cylindrical parabolic mirrors, concentrated solar power tower, and hybrid photovoltaic plant. The Noor Ouarzazate solar complex has a total installed capacity of 580 MW, which is enough to provide one million Moroccan homes with low-cost, renewable electricity. The Moroccan Agency for Sustainable Energy (MASEN) has partnered with private enterprises to invest in renewable power generation project. It is anticipated that the project will increase the generation of solar power by 10 GW between 2016 and 2030. The project was supported by the institutional framework of the MASEN, which provided private project developers with a "one stop shop" by facilitating permission, land acquisition, and funding as well as getting a state guarantee for the investment.

The objective of public-private collaboration is to support funding processes and create innovations, as well as to support the viability and effectiveness of Morocco's renewable energy projects. As a result, these ought to be one of the primary factors taken into account while creating sustainability-related measures.

#BRANDi #ThinkWithBRANDi #GoodtoGREAT #EnergyTransition #RenewableEnergy #CarbonFree #PPPs #Morocco #WorldBank #WBMeetings #Marrakech2023

Priding ourselves on sharing GREAT insights to society, we will continue to publish FREE content for ALL readers to uplift their knowledge and go from Good to GREAT!