As a net importer of energy, Morocco is faced with the challenging proposition of satisfying rising local demand while keeping its import bill in check. This has proven problematic as consumption figures and global commodity prices have risen, putting particular pressure on the government’s balance sheet, which has for the better part of two decades help fund generous fuel...
Articles & Analysis | New horizons: As demand grows the country is looking to supplement its energy mix with new sources from The Report: Morocco 2014
Articles & Analysis | Powering up: With the local climate providing an edge over competitors, the country is set to expand renewables from The Report: Morocco 2014
Since the announcement of the 2020 Energy Strategy five years ago, followed by the introduction of the 2010 Renewable Energy Law, Morocco has seen a significant increase in interest in clean energy, with the biggest developments in solar and wind, both of which are planned to contribute 14% each (or 2000 MW) to the country’s installed capacity...
Articles & Analysis | Testing the waters: Offshore fields offer new possibilities and solutions to rising imports from The Report: Morocco 2014
Although exploration activity in Morocco’s offshore basin has thus far not produced commercial discoveries, a number of oil players have increased their presence in recent times. According to the country’s national oil company, the Office National des Hydrocarbures et des Mines (ONHYM), a total of 27 wells are planned for 2014, of which at...