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New PRO memo: Morocco’s transition to renewable energies to accelerate amid high hydrocarbons prices

Morocco is on track to have renewable sources account for more electricity generation than fossil fuels by 2025.
A Moroccan farmer walks past solar panels that are connected to a generator which feeds a pump extracting water from underground in Tafoughalt, a little village deep in the mountains of Morocco's eastern Berkane province, on October 31, 2016. As the Cop22 gets underway in Marrakesh, negotiators are thrashing out the details of a landmark global agreement designed to stave off disastrous climate change, but in Tafoughalt that impact is being felt already. Rising temperatures are among the factors making the

Morocco has quickly become a trailblazer in the Middle East on renewable energy, increasing energy independence, alleviating costs and reducing the carbon footprint of business operations. Reaching their ambitious green goals are especially important now with the war in Ukraine and global energy price volatility.

But continuing to clean up their electricity generation will require Morocco to curtail coal-fueled power.

Francisco Serrano's latest PRO memo details how Rabat got to this point and the short-term scenarios for the country's energy sector. If you're not a PRO subscriber yet, you can still access this report and all our other premium insights with a one-week free trial.

Also, if you want to learn about how Egypt can take advantage of hosting COP27 to realize its green energy ambitions, check out Marc Espanol's memo here.

Additionally this week, Afshin Molavi analyzes the GCC's progress in connecting all member states by rail (spoiler: Saudi Arabia and UAE are way out in front).

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