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.
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.
