Morocco could reach its 2030 target once the legal framework is in place (Expert)

As part of the reinforcement and exploitation of renewable energies, Morocco has embarked on an energy strategy aimed at installing electrical power based on them to cover national needs at more than 52%. 2030. As a result, the Kingdom’s ambitious strategy has been able to attract more and more foreign investors, including Spanish companies, to this promising sector.

In the same context, the Iberian newspaper Invertia reported that at least 10 Spanish companies will be involved in this activity and will participate in a double ICEX event in Morocco, in Rabat and Casablanca. It will be organized in collaboration with the Spanish economic and commercial offices located in the two cities mentioned. The purpose of this event is to deepen knowledge of this sector and to maintain contacts with Moroccan public and private actors.

The increase in electricity prices that Moroccan industrial groups are experiencing is a very opportune time to establish or resume direct contact with the most representative public and private counterparts in the energy sector in Morocco, for projects in the country or in third countries in Africa“, explains José María Blasco, Director of Infrastructures, Health and ICT of the ICEX to the Spanish newspaper.

The conference will be held on October 25 in Rabat, at the Spanish Economic and Commercial Office and will bring together the main Moroccan institutions in this sector, namely, MASEN, IRESEN, FENELEC, UNEF and the Moroccan company GAIA, while the trade mission will take place from October 26 to 27 and will consist of meetings within the headquarters of Moroccan companies, located mainly in Casablanca.

Requested by MoroccoLatestNews in this regard, the Managing Director of Energysium Consulting, Mostafa Labrak, dissects the Kingdom’s progress in this sector, indicating that “at the end of 2020, Morocco reached only 37% instead of 42% as the objective in the share of renewable energies in the energy mix of electricity production, and this objective is set at 52% for 2030and then adds that he is “clear that Morocco has fallen behind in making the necessary investment to accelerate the implementation of the roadmap it has drawn up“.

Especially since Law 13-09 on renewable energies was not ideally made to allow the deployment of these investments. A bill 40-19 (modifying law 13-09) is in parliament to try to respond to certain grievances of operators who want to invest in renewable energies“, he underlines.

According to the opinion of the expert who says he is optimistic, “which has a favorable echo for operators for any future investment is decision No. 2138.22 of July 29, 2022 of the Ministry of Energy Transition and Sustainable Development relating to areas that can house private solar electricity production plants“. For Labrak, a decision of such importance “was expected to allow independent producers to bank their projects according to land, among other things, and investment choices, which gives them better visibility“.

However, to be able to achieve more rapid progress on these projects, the DG insists on the role of the National Electricity Regulation Agency (ANRE), which “must publish the revised regimental tariffs to allow these independent producers to complete their studies and launch the works with more interest“.

In addition, the Ministry of Energy Transition and Sustainable Development “must release the law on self-production as soon as possible, the subject of a bill 82-21 still behind the scenes of parliament“, and this to complete the regulatory framework, indicates our interlocutor. And to add that “this law will allow everyone, especially companies, to produce their own electricity and even sell it to the electricity network manager in the event of a surplus“.

He continues that “Morocco has no choice but to accelerate local or international investmentsin the renewable energy sector in order to be able toreduce its energy bill, which has reached record highs with the dizzying rise in the price of 100% imported energy materials“.

As for Spanish companies, Labrak says they have certainly found that “this is the time to study potential projects that may interest them” especially with “these movements on the regulatory side“. In conclusion, the expert in the field of energy specifies that the Kingdom could achieve its objective for 2030, “once the legal framework is in place“.

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