Investment in renewable energies will see a jump by 2027 (Ms. Benali)

by times news cr

2024-05-06 08:25:15

Thus, the annual volume of investments will be quadrupled compared to the period 2009-2022, said Ms. Benali in response to an oral question to the Chamber of Advisors on “the promotion of investment in the field of renewable energies”, presented by the Authenticity and Modernity group.

The minister affirmed that investment in renewable energies has been accelerating since 2021, through the strengthening and development of the national electricity network.

Nearly 23 billion dirhams (MMDH) have been allocated for the period 2023-2027, for “optimal integration of renewable energies and supply of different regions with electricity”, she underlined, announcing the launch of a call for expressions of interest for the high voltage electricity link (3 GW), over a distance of 1,400 kilometers which will transport electricity from south to north.

Morocco has accumulated a total capacity in the field of renewable energies of nearly 4.6 GW, including 852 MW for solar energy, with an investment of 30 billion dirhams, she added, noting that 60 billion dirhams have been invested in renewable energy projects since the launch of the national energy strategy in 2009.

The minister also indicated that more than 50% of wind energy projects were developed by the private sector, welcoming in this regard the acceleration of the pace of investment in renewable energies and in the national electricity network, through the national electrical equipment plan.

In coordination with the National Office of Electricity and Drinking Water (ONEE), the creation of an additional capacity of 9.6 GW has been scheduled until 2027, noted Ms. Benali, adding that the capacity additional renewable energies supply 7.5 GW, an investment of nearly 75 billion dirhams, without taking into consideration green hydrogen projects, water desalination projects and decarbonization of national industry.

2024-05-06 08:25:15

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