Morocco on ambitious power drive

GOVERNMENT

-
Image: By BiztechAfrica
Morocco on ambitious power drive

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."



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE GOVERNMENT NEWS

Private sector investment key to continent’s development, says Kaberuka

African Development Bank support for private equity investment in Africa recorded a major success this week, when The Carlyle Group announced it had raised $698 million for its new Sub-Saharan Africa Fund. Read More

Ghana’s ‘big bang’ approach tackles data penetration

With 110% voice penetration, full data penetration is the next big target in Ghana, says the NCA. Read More

Kenya unveils ICT master plan

Kenya has launched the national Information, Communication Technology Master Plan 2017 to spur economic growth in the country. Read More

Botswana to enhance education through Thutonet

Launching the Thutonet Governance Structure, Secretary of Education Reforms, Taboka Nkhwa, said for Botswana to make any appreciable progress in its socio-economic development efforts, substantial resources should be directed at improving educational delivery. Read More

Kenya to digitally register all citizens afresh

Kenya plans to digitally register all citizens as part of national planning and the war against terrorism. Read More

Botswana passes electronic transaction, communications bill

The Botswana Parliament has passed the Electronic Communications and Transactions Bill, which gives legal recognition to electronic transactions. Read More

Angola stimulates ICT innovation in government

The Angolan Government is seeking to boost the use of ICTs in public service administration and service delivery through its ‘Innovate’ programme for the public sector. Read More

Kenyan Deputy President takes to Twitter

Kenya’s Deputy President William Ruto took to Twitter today, to interact with Kenyans on the platform for the first time. Read More

Nigeria, China sign power MoU

A consortium of companies in Nigeria and a Group of top-rate Chinese investors have signed a Memorandum of Understanding (MOU) on power plant projects, including the assembling and manufacturing of pre-paid power meters.  Read More

Cofek challenges Kyalo appointment

Cofek has challenged the appointment of the Information, Communication and Technology Authority Chief Executive, Mr Victor Kyalo. Read More

PRESS OFFICES

Sage ERP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN Business

FEATURED STORY

Kenyan shift to Green Economy would generate USD 45bn by 2030 Kenyan shift to Green Economy would generate USD 45bn by 2030

Kenya’s transition to a green economy could produce major economic benefits  equivalent to an estimated USD 45 billion by 2030, a new  study shows.

IN DEPTH

E-waste threatens Ghana’s beachesE-waste threatens Ghana’s beaches

Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.