Morocco on ambitious power drive
GOVERNMENT| March 22, 2012, 11:10 a.m.
New analysis from Frost & Sullivan finds that Morocco has embarked on a very ambitious electricity generation capacity-build programme, in order to raise installed capacity from 6,350 MW in 2010 to 14,500 MW by 2020, as electricity consumption is expected to almost double in the corresponding period.
The report says robust growth in electricity demand has underlined the need for a significant expansion in future generation, and transmission capacity in Morocco. This is creating considerable investment opportunities for private sector participation. Surging demand, and a strong need to reduce dependency from expensive coal and oil imports, have motivated the recent development of the renewable energy sector.
The Moroccan electricity market has been growing steadily at nearly 6-8% annually in the last ten years, following vigorous economic development and the implementation of a very successful rural electrification programme. This trend is expected to continue at about 5-7% for the next ten years, following GDP growth forecasts of 5.5%.
Frost & Sullivan says Investments will reach an estimated MAD 138 billion in new generation infrastructure (2012-2020) and MAD 21.3 billion in network expansion (2011-2015). Renewable energy should account for 18% of power generation by 2012 and 42% by 2020.
"In an attempt to develop all energy resources available in the country, and to reduce its dependence on imported coal, the Moroccan government has decided to launch an ambitious wind and solar power programme," notes Frost & Sullivan's Energy and Power Systems Research Analyst Celine Paton. "This renewable energy programme aims to build 4,000 MW of additional capacity by 2020."
Ambitious new investment projects, particularly new generation facilities using clean coal and renewable energies, are poised to help Morocco meet its rising electricity demand over the next decade.
"Regional integration with neighbouring countries (Spain and the Maghreb) will also further secure power supply within the country, fulfilling Morocco's aspiration to become the power crossroads between Africa and Europe," concludes Paton. "Furthermore, the upcoming law on the restructuring of the sector (separating generation, transmission and distribution activities, and establishing an independent regulatory body), and the progressive sector's liberalisation, should enhance transparency and promote further private sector participation."
MORE GOVERNMENT NEWS
Public private partnerships panacea to broadband development, says Etisalat chiefChief Executive Officer of Etisalat Group, Ahmad Julfar has identified public private partnership (PPP) as one approach that could help African countries boost broadband development. He argued that access to broadband is a basic right for everyone. Read More
Experts commend Rwanda as a model in using ICT and e-GovernancePolicy makers and experts in ICT gathered in Kigali for the Commonwealth e-Governance Forum Africa from 24-25 March 2015 have commended Rwanda as a model in using ICT and e-Governance for sustainable development. Read More
Pay APC N500m, court orders NCC, telcos - NCC appealsAs the presidential election draws near, a Federal High Court has ordered the regulator of the telecoms sector, the Nigerian Communications Commission (NCC) and five other telcos to pay the All Progressives Congress (APC) the sum of N500 million for unlawfully shutting down the party’s presidential campaign fund-raising platform. Read More
CPC reads riot act to telcos, banks, others over consumer rights breachesNigeria’s Director-General, Consumer Protection Council (CPC), Mrs. Dupe Atoki, has warned telcos, banks, Pay TV service providers and others in the country that end is near for the flagrant abuse of customers’ rights. Read More
Togo launches Digital School Togo projectThe West African nation of Togo has launched the pilot phase of ‘Digital School Togo’, a project that is aimed at introducing digital technology in teaching and underpinning the critical importance of ICTs in the education system. Read More
Ghana Presidency gets a new E-Cabinet platformGhana’s cabinet on Thursday witnessed a major boost as the President John Dramani Mahama unveiled a new E–Cabinet platform to used by himself and members of his cabinet. Read More
DRC, World Bank launch construction of CAB5Construction work of the Central African Backbone (CAB) Phase 5 was officially launched this week by Thomas Luhaka, Democratic Republic of Congo VPM in charge of posts, telecoms and ICTs. Read More
Ghana VP woos Japanese power investorsGhana’s Vice President K. B. Amissah-Arthur has concluded his visit to Japan with a call on Japanese investors to take advantage of huge investment opportunities offered by Ghana. Read More
BotswanaPost launches Money Order Corridor to South AfricaAnother trans-border money transfer deal has been revealed by BotswanaPost. This time, Botswana has targeted South Africa after completing a successful deal with ZimPost of Zimbabwe. Read More
FEATURED STORY2bn priced out of internet access
A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.
COMPANY NEWSMTN Group Sustainability Report released
MTN Group’s efforts to advance social development in its markets through the integration of sustainable business practices into day-to-day activities, is yielding positive outcomes, the company’s Sustainability ...