Morocco strengthens energy sovereignty through National Electricity Regulatory Authority

Within the framework of King Mohammed VI’s vision to make Morocco a key player in the global energy transition, the country continues its steps towards enhancing its energy independence and resource sustainability, through reforming the National Electricity Regulatory Authority.

The appointment of Zouhair Chorfi as the president of this authority comes as part of royal directives aimed at expanding its tasks to include all energy sectors, including electricity, natural gas, hydrogen, and renewable energies while adopting best international practices.

This reform reflects the maturity of the national energy sector, as the Kingdom surpassed 45% of its electricity mix from renewable sources in 2024, advancing beyond its 2030 predetermined targets.

Also, the ceiling has been raised to 56% by 2027, with a focus on diversifying sources, including the integration of natural gas and green hydrogen, in response to energy sovereignty and economic competitiveness strategies. Morocco has successfully reduced its energy import dependency from 98% in 2008 to 89% in 2024.

Thanks to its solar and wind resources, the Kingdom become an attractive destination for foreign investments in the energy sector, with an annual investment reaching 15 billion MAD between 2024 and 2027.

Production capacities have been enhanced with 4,600 megawatts of renewable energy projects by the end of 2023, with expectations to add 3,000 megawatts by 2030.

Through its strategic position as an energy bridge between Europe and Africa, via electricity and gas lines, Morocco is consolidating its place as a key hub in the global green economy, especially with the Nigeria-Morocco gas pipeline project.

It’s worth noting that green hydrogen is gaining special attention in the national strategy, with Morocco ranking among the top 3 countries globally for producing this energy at competitive costs.

This orientation is supported by advanced infrastructure and offerings that align with global environmental standards, which enhances the country’s international partnerships and positions it as a pivotal hub in this promising field.

Also,  Morocco, under the leadership of King Mohammed VI, is redefining global energy governance standards, thanks to its innovative policies and strategic location, with the aim of achieving a model of sustainability and energy transition that can be emulated by others.