Memo

Morocco’s transition to renewable energies to accelerate amid high hydrocarbons prices

To:

Al-Monitor Pro Members

From:

Francisco Serrano

Journalist and analyst specialized in North Africa

Date:

Nov. 16, 2022

Bottom Line:

Although a trailblazer in renewable energy, Morocco still runs on imported fossil fuels. War in Ukraine and global price volatility have made energy imports weigh heavily on the budget. Despite missing some of its own targets, the country is on track to have renewable sources account for more electricity generation than fossil fuels by 2025. This will increase energy independence, alleviate costs and reduce the carbon footprint of business operations. But ambitions to clean up electricity generation will require Morocco to curtail coal-fueled power.

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