Ten years after the implementation of the national strategy, aimed at the gradual transition of Morocco towards renewable energies, the government has looked at its positive impacts and its impact on the country’s economy.
Environmental standards could lead to the taxation of Moroccan electricity exported to Spain by the EU. Spain has even stopped its electricity imports from Morocco after a stir that took place in this regard, in Spain and even within the European Union. Polluting electricity? Tax to pay!
Out of the 230 companies that have benefited from the MFED Morocco program (Sustainable Energy Financing Mechanism), 16 Moroccan investments in sustainable energy have been awarded by the European Bank for Reconstruction and Development (EBRD).
A few days ago, the Spanish authorities had welcomed the interconnection agreement signed with Morocco, which provides for the delivery of electricity by the kingdom at fairly low prices and which follows the planned shutdown of several power plants in Spain.
After long importing energy produced by Spain, the opposite has started, and this since the beginning of the year: the Kingdom is exporting energy to its Iberian neighbor and this change is not pleasing everyone.
The wood used to heat the hammams seems to be in the sights of the State. And, above all, its quantity: Too much! This would be a real economic and energy problem caused by the 12,000 hammams in Morocco, according to the Moroccan Agency for Energy Efficiency (AMEE).
The National Office of Hydrocarbons and Mines (ONHYM) has just released its report for the year 2018 with an increase in oil exploration investments.
A very large contract is in sight for the French company EDF, which is about to win a large market in solar energy in Morocco .
A loan of 50 million euros has just been granted by the German Development Bank (KfW) to the Moroccan Agency for Sustainable Energy (Masen) to finance the connection of the Noor Midelt solar complex to the high-voltage national grid.