At a time when tensions over Ceuta are weakening bilateral relations, energy figures reveal a less visible dependence: in 2025, Spain supplied the equivalent of 8 % of Morocco’s electricity demand, as well as nearly a quarter of its imports of petroleum products.
At the end of 2025, renewables accounted for 39.6 % of installed electricity capacity in Morocco, compared with 2.1 % in Algeria. Their share of the electricity generation fleet is therefore nearly 19 times higher in Morocco, according to the latest available international statistics.
Morocco could achieve its target of raising renewable energy to 52 % of its installed electricity capacity two years ahead of schedule. The IEA PVPS now estimates that this threshold, set for 2030, could be reached as early as 2028.
A Spanish newspaper presents the electrical cables linking the two countries as Morocco’s “umbilical cord” and claims they could “switch off” its economy. The reality of this dependence is nevertheless more complex.
Moroccans residing abroad transferred 61.5 billion dirhams to Morocco in the first half of 2026. Over the same period, the country’s energy bill reached 68.6 billion. A gap that did not yet exist a year earlier.
Morocco planned to collect 6 billion dirhams through privatizations in 2025. By the end of the year, no such transaction had taken place, according to the official report on the public portfolio.
Morocco remains the leading Arab consumer of coal. Its consumption increased again in 2025, despite the rise in the Kingdom’s investments in solar and wind energy .
The rise in energy bills is expected to widen Morocco’s external deficit in 2026. However, remittances sent by Moroccan expatriates, along with tourism revenues, will help absorb part of the shock.
The $30 billion electrical cable project between Morocco and Germany faces conditions set by Rabat. The Kingdom wants to be able to import electricity through this link, not just export its renewable energy to Europe.
Morocco is preparing a massive "water battery" near Chefchaouen to store surplus solar and wind electricity. Backed by $265 million from the World Bank, the Ifahsa project will develop a capacity of 300 megawatts.
Morocco and France are studying the creation of a direct electrical link under the Mediterranean. This future cable would allow Moroccan renewable electricity to be transported to the French network without passing through Spanish interconnections.
A pilot graphite processing plant for batteries has just opened near Casablanca. Behind this industrial milestone, Morocco is positioning itself on a strategic link in the electric vehicle and energy storage chain.