With a 2.1 prioritization score, Morocco appeared among the top six leading low-carbon hydrogen countries in the MENA region, alongside the UAE, KSA, Oman, Egypt, and Qatar, according to the World Economic Forum report in collaboration with Accenture.
Titled, “Enabling Measures Roadmap for Low-Carbon Hydrogen Middle East and North Africa,” the report, evaluated the hydrogen readiness of the region for six “high-potential countries”, as part of the “Accelerating Clean Hydrogen Initiative” to determine key enablers to achieve a scaled and mature low-carbon hydrogen market.
The report highlighted that Morocco’s reliance on imported fossil fuels contributed to rapid growth in renewable energy, with 4.6 GW already deployed.
It additionally shed light on the Kingdom’s low-carbon hydrogen strategy of producing up to 30 TWh (~ 0.9 Mtpa) of green hydrogen by 2030, through various applications including pipeline exports, shipping, aviation, and decarbonizing Morocco’s fertilizer sector.
“Morocco is seen as a gateway linking sub-Saharan Africa and Europe through electricity transmission interconnections and hydrogen pipeline transports along the Atlantic Coast, facilitating renewable hydrogen production and trade,” commended the report.
It also stated that the country has influential companies in the energy and fertilizer sectors, such as Masen and OCP, which are driving the adoption of low-carbon hydrogen technology.
In addition, it cited that the introduction of the “Offre Maroc” initiative is expected to attract private investments and foster a favorable hydrogen investment climate in Morocco.
Morocco’s limited oil and gas resources heighten the country’s focus on renewable hydrogen as an alternative energy source, stressed the same source.
With 13% of worldwide hydrogen investments and 8% of expected global hydrogen production capacity by 2030, the MENA region maintains a key place in the global hydrogen market.
Despite its small size, the MENA region is an energy powerhouse, accounting for 27% of worldwide energy commerce. Its energy champions are investing in low-carbon hydrogen production and undertaking projects on a national and international scale.
By 2050, MENA’s exports of hydrogen and derivatives might account for 21% of the global export market.
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