Morocco energy storage power station revenue

What is Morocco's energy sector?

Morocco’s energy sector is, nevertheless, in continuous expansion. With a vast renewable capacity, the country is developing one of Africa’s largest clean energy sectors, mainly by exploiting wind, solar, and green hydrogen resources. Discover all statistics and data on Energy sector in Morocco now on statista.com!

Why does Morocco import electricity?

Because of that, Morocco relies on energy imports to satisfy the growing domestic demand. The country has traditionally been a net importer of electrical energy, although the net electricity imports have gradually declined. Morocco’s energy sector is, nevertheless, in continuous expansion.

What is happening in Morocco's power sector?

The power sector in Morocco has undergone significant expansion over the past two decades, characterized by rising electricity consumption, persistent reliance on energy imports, and a generation mix dominated by fossil fuels.

How has GIS impacted the energy sector in Morocco?

Morocco has successfully employed GIS to advance large-scale renewable energy projects, particularly in the power sector, by optimizing the siting and development of solar and wind energy installations.

How much solar power does Morocco have?

Morocco has an average solar potential of 5 kilowatt hours (kWh) per square meter per day, although this varies geographically. Total installed capacity from solar energy currently stands at 831 MW. According to the Ministry of Energy Transition, and Sustainable Development, Morocco could potentially generate 25,000 MW of wind power.

How much will Morocco spend on energy projects?

These future initiatives are expected to align with national energy goals, with estimated CAPEX ranging from $12.2 to $16.7 billion for solar, $11.5 billion for wind, over $2 billion for hydropower, and $10.3 to $13.3 billion for biomass projects, accounting for the projected variable inflation rate in Morocco.