Energy minister details measures to lower energy costs

Energy minister details measures to lower energy costs
Tuesday 7 January 2025 - 17:39

Morocco plans to invest nearly 30 billion dirhams between 2024 and 2030, in its national electricity transmission network, excluding a 3 GW high-voltage power link project between the South and Center.

Energy Transition and Sustainable Development Minister Leila Benali, addressing the House of Representatives, noted that for the first time, private sector involvement in the network will be allowed if needed.

Over 2,000 MW of renewable energy projects, totaling more than 19 billion dirhams, have been authorized during the current government’s term, creating over 300 direct jobs and thousands more indirectly, the minister said.

Benali also detailed strategic measures to lower energy costs, including reforms to improve sector governance and regulatory oversight.

These include a strengthened National Electricity Regulatory Authority (ANRE) and accelerated accounting separation between production, transport, and distribution at ONEE.

Additionally, renewable energy capacity has reached 5.4 GW, contributing to nearly 20% of national electricity demand, with more than 9 GW scheduled for 2023-2027.

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