Morocco produced 35% of its electricity from renewable resources by the end of 2018, Energy Minister Aziz said last week.
Morocco intends to boost its renewable output to 52% of the electricity mix by 2030.
It current renewables capacity stands at 3,000 MW, but the country has set a target of increasing renewable capacity to 10,000 MW by 2030.
This will include 4,500 MW of solar, 4,200 MW of wind energy and 1,300 MW of hydro, Rabbah said.
The state intends to invest US$40 billion in its energy sector over the next 10 years, US$30 billion of which will be assigned to renewable energy projects. The budget also calls for the installation of a LNG terminal for gas imports.
Rabbah told reporters that Morocco has embarked on an energy transition that aims to create a substantial reserve margin and also reduce energy imports.
In recent years, Morocco has cut its energy dependence from 98% on imports to 93%. This is in the context of energy demand growing by 4% per year for the last 10 years. In 2017, Morocco spent US$7.2 billion on energy imports.
The national strategy aims to save around 20% of energy costs and target the largest energy consuming sectors, number one of which is transportation, accounting for 38%, then construction (33%), and the industrial sector (26%).
During 2017, Morocco’s overall primary energy consumption reached 20.8 million tonnes, of which 56% was oil and 26% was coal.
Elsewhere in North Africa, Tunisia’s Prime Minister Youssef Chahed said last week that by 2020 his country would produce 25% of its energy from renewables by 2020. Renewable energy production would amount to 1 gigawatt by 2020, he said on Thursday, shortly after the government approved several wind power projects with foreign investors.
Tunisia has stated previously that it intends to invest US$3.9 illion) in electricity and other energy projects by 2020.