Morocco’s electricity sector is seeing strong growth as the country’s industries expand and cities keep getting bigger, according to the latest report from the National Electricity Regulatory Authority.
The report says that peak electricity demand reached a record 7,580 megawatts in July 2024, up 2.4% from the previous year. Rising household and industrial consumption are the main drivers, highlighting the challenge of keeping supply steady during peak periods.
At the same time, Morocco is steadily shifting its energy mix toward cleaner sources. By the end of 2024, the country’s total installed electricity capacity hit 12,017 megawatts, a 5.2% increase from 2023.
This growth comes mostly from new renewable energy projects, which added over 800 megawatts to the grid.
Wind, solar, and hydropower now make up roughly 45% of installed capacity, bringing Morocco closer to its 2030 goal of more than 52% renewable energy.
Wind power is leading the way, now contributing 21% of the country’s total electricity production, followed by solar and natural gas.
Coal still dominates, accounting for around 60% of electricity generation, but the share of renewables is steadily rising as older, polluting plants are retired.
These changes reflect years of investment in wind and solar farms, as well as national strategies to reduce dependence on fossil fuels and diversify energy sources.
To support this energy transition and attract private investment, regulators introduced major reforms in 2024. Transmission tariffs for the national grid were cut by 38%, lowering costs for renewable developers, while the grid’s connection capacity was set at 7,236 megawatts for 2024–2028.
This gives investors a clearer picture of where and how to build new projects and strengthens competition in Morocco’s electricity market.
Morocco plans to expand its energy mix further with natural gas as a transitional fuel and green hydrogen as a long-term strategic option. Green hydrogen could make Morocco a key player in future energy markets, both domestically and for exports.
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