- Morocco had 3.9GW of renewable installed capacity in 2020, according to the data and analytics firm, to reach 4.3GW in 2021
- Coal’s installed capacity share will fall from 38.8 per cent in 2020 to 22 per cent by 2030
- Wind installed capacity will grow at an 11.5 per cent CAGR from 1.4GW in 2020 to 4.3GW in 2030
Morocco aims to increase the share of renewables in total power capacity to 52 per cent by 2030, 70 per cent by 2040, and 80 per cent by 2050 by using energy storage and green hydrogen, among other things. According to GlobalData, Morocco’s new targets come against the backdrop of progress made in expanding wind and solar during the initial phase of the energy transition.
According to the data and analytics firm, Morocco had 3.9GW of renewable installed capacity in 2020, to reach 4.3GW in 2021, a 9 per cent increase. Morocco’s renewable established ability to reach 9.6GW by 2030, with a CAGR of 9.3 per cent between 2020 and 2030. Wind power is to surpass hydropower to become the largest source of energy. Wind installed capacity will grow at an 11.5 per cent CAGR from 1.4GW in 2020 to 4.3GW in 2030. Solar installed capacity (solar PV and CSP) will grow at an 11 per cent CAGR from 734MW in 2020 to 2.1GW in 2030. The ability of hydropower will increase from 1.8GW in 2020 to 3.3GW in 2030.
“Morocco plans to achieve its 2030, 2040, and 2050 renewable energy targets through technological evolution in energy storage, green hydrogen, and decreasing renewable energy costs,” says Pavan Vyakaranam, Project Manager at GlobalData.
Coal’s installed capacity share will fall from 38.8 per cent in 2020 to 22 per cent by 2030, while oil-based thermal capacity’s share will fall from 16.2 per cent in 2020 to 9.2 per cent by 2030.” Vyakaranam says, “The country should also continue to award solar and wind projects such as the tender issued in January 2021 by the Moroccan Agency for Solar Energy (MASEN) to construct a 400MW solar power plant. The plant is part of the first phase of the Noor PV II project, under which several PV arrays will be built across eight different locations.”