Morocco Energy Articles & Analysis

Chapter | Energy from The Report: Morocco 2019

Lacking the hydrocarbons reserves of some of its neighbours, Morocco has had to rely on imports of fossil fuels to develop its economy. This has left the country exposed to fluctuations in global energy prices and has impacted the kingdom’s budgetary position. However, the country has taken measures to reduce dependence on energy imports. Over the last several years the kingdom has been able...

A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.

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How has Morocco’s renewable energy programme proved a success so far?

 

Pressured by rising electricity demand and the associated energy import bill, Morocco has been channelling sector investment into the improvement of its energy generation capacity. With a focus on renewable energy and efficiency of electricity production, the kingdom has been adding installed capacity over recent years. Adequate and reliable...

 

As the government continues to push towards more sustainable policies for everything from energy generation to agricultural practices, the problem of dealing with the kingdom’s rising quantities of solid waste is taking centre stage in the planning of urban development. As many as 5m tonnes of solid waste are generated across the kingdom every...

 

With Morocco’s future electricity generation capacity firmly dependant on renewable energy sources, attracting private financing for new projects is critical. Green bonds are an increasingly viable option to help finance energy production in the kingdom. Although they were initially restricted to multilateral finance institutions, more and...

 

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...

 

Lacking the hydrocarbons reserves of some of its neighbours, Morocco has had to rely on imports of fossil fuels to develop its economy. This has left the country exposed to fluctuations in global energy prices and has impacted the kingdom’s budgetary position. However, a handful of measures to reduce dependence on energy imports are finally...