Morocco, which plans an energy transition, aims to reduce its dependence on the subject from 93.61% in 2013 to 85.44% in 2025 as stated by the Minister of Energy, Mines, Water and Environment in a forum organized on October 28, 2014.
Carrying the theme, “Morocco, is it on the verge of an energy transition?” the forum explained the strategy on how to achieve the goal of reducing energy dependence and this includes the focusing on the development of renewable energy, the change in the structure of fossil fuels, through the introduction of liquefied natural gas and increased oil exploration, as well as strengthening of energy efficiency.
It is expected that the increase in the share spend for renewable energy to be 14.24% in 2025 from 5.85% in 2013. Regarding the change in the structure of fossil fuels, Morocco provides for the introduction of liquefied natural gas in Morocco from 2020-2021 in order to have an alternative to oil and to benefit from the relatively low level of international market prices.
Around 200 billion dirham will be invested in the year 2020 dedicated to the energy sector, with the greater part will be intended for the strengthening of the infrastructure of electricity. According to the Minister, the National energy strategy based on four main objectives will be uncovered in the coming days. This strategy also dominated by five strategic directions, assigns targets for the security of supply of energy, generalized access to energy at reasonable prices, the mastery of the application and the preservation and protection of the environment.