Morocco's Green Revolution and Ambitions for Energy Transition
Key Ideas
- Morocco has surpassed its renewable energy target and aims to achieve a 52% renewable energy capacity by 2030, emphasizing energy efficiency as a priority.
- The country positions itself as a key player in renewable energy, acting as a bridge between Africa, Europe, and the Atlantic Basin, with a focus on attracting investments and promoting regional integration.
- Morocco is gradually venturing into green hydrogen technology, offering opportunities for investors and streamlining bureaucratic processes to facilitate the adoption of green hydrogen projects.
- The Minister highlighted the importance of infrastructure readiness, including pipelines, ports, and land access, to support the development of green hydrogen initiatives in the country.
Morocco's Minister for Energy Transition and Sustainable Development, Leila Benali, discussed the country's green achievements and objectives at the Munich Security Conference in Germany. Morocco has exceeded its 42% target for renewable energy installation and is ambitiously striving for a 52% target by 2030. Energy efficiency is a key focus, with plans to achieve 20% efficiency before 2030. The country aims to be a green bridge between Africa, Europe, and the Atlantic Basin, emphasizing regional integration and increased investments in renewable energy. Morocco's long-standing experience in energy projects and attracting private investments positions it as a leader in the renewable energy sector. Furthermore, Morocco is gradually embracing green hydrogen technology, offering support for investors through initiatives like the Green Hydrogen Offer. The Minister highlighted the importance of infrastructure readiness to facilitate the implementation of green hydrogen projects. Through these efforts, Morocco is solidifying its position as a competitive actor in renewable energy without the need for subsidies.