Morocco Casablanca energy storage exports in the first quarter

Why does Morocco import electricity?

Because of that, Morocco relies on energy imports to satisfy the growing domestic demand. The country has traditionally been a net importer of electrical energy, although the net electricity imports have gradually declined. Morocco’s energy sector is, nevertheless, in continuous expansion.

How can Morocco improve the security of the energy supply?

The Government of Morocco seeks to increase the security of the energy supply by reducing dependence on imports, including increasing the use of renewable sources for electricity production. As of the end of 2023, the share of renewable energy in the electrical capacity mix stood 11.42 GW (ANRE data).

Why is Morocco the largest energy importer in northern Africa?

Morocco produces small volumes of oil and natural gas from the Essaouira Basin and small amounts of natural gas from the Gharb Basin. Consequently, Morocco is the largest energy importer in northern Africa. Costs have been rising rapidly. High oil prices in 2005 increased import costs to approximately $2 billion for the year.

Does Morocco have a strong energy sector?

Morocco has a modest yet growing energy sector. The country’s power generation remained relatively limited in recent years, especially compared to other North African producers such as Algeria and Egypt. Because of that, Morocco relies on energy imports to satisfy the growing domestic demand.