Powering economic expansion has always been a tricky balancing act for Morocco, which unlike neighbouring Algeria and Libya does not have extensive deposits of oil and gas from which to draw upon. As a rapidly growing country with only modest energy resources, Morocco’s dependence on external energy sources continued to increase over 2012, with the...
To what extent is the exploitation of gas resources profitable given current oil prices?
To what extent is the electricity grid ready to absorb the kingdom’s increasing demand for energy?
With the government expected to pass a new set of laws in 2013 that will replace the current 62-year-old mining code, Morocco is making a bid to spur new investments throughout the North African kingdom’s currently under-exploited mining sector.
tium for a €400bn project launched in 2009 to establish solar plants across North Africa, and projected to produce 125 GWh of electricity by 2050. Financial issues for solar energy mirror difficulties faced by renewable energies in general within the context of a global economic slowdown, with international investment in clean energy falling to €41.6bn in third-quarter 2012,...
Like most sectors, the mining industry is sensitive to changing economic conditions, with its overall performance fluctuating significantly as demand from China and elsewhere tightens and regulatory burdens become more onerous. But despite this short-term volatility, the trend for phosphate prices is likely to be more stable in the longer run due to...
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