Statement by the Royal Office

23/11/2022 22

Rabat - 22 November 2022- Here follows a statement by the Royal Office:

"His Majesty King Mohammed VI, may God assist him, chaired on Tuesday, November 22, 2022 at the Rabat Royal Palace, a working meeting devoted to the development of renewable energy and new prospects in this field.
This working meeting is part of the regular monitoring by the Sovereign of the strategic objectives that the Kingdom has set in terms of large-scale development of renewable energy, including that of increasing the share of these energies to more than 52% of the national electricity mix by 2030.
A presentation was made before His Majesty the King on the progress of the renewable energy development program. The result of a far-sighted vision of the Sovereign, this program has enabled Morocco to assert its regional and global leadership in this major sector of energy transition.
Thus, His Majesty the King, may God assist Him, has given His High Directives to accelerate the development of renewable energies, especially solar and wind energy. Building on its progress, Morocco should accelerate the deployment of renewable energy in order to strengthen its energy sovereignty, reduce energy costs and position itself in the decarbonized economy in the decades to come.
This includes activating the implementation of projects under development, as well as enhancing the competitive advantage of Morocco to attract more domestic and foreign investment in the sector.
In this regard, His Majesty the King has requested to accelerate the completion of the three solar energy projects Noor Midelt.
In addition, the increasing competitiveness of renewable energies is opening up promising new prospects for the Kingdom, particularly in the fields of seawater desalination and the emerging field of green hydrogen and its uses.
In order to place Morocco in the club of countries with high potential in this sector of the future, and to respond to the multiple projects led by investors and world leaders, the Sovereign has given His High Instructions to develop, as soon as possible, an operational and incentive "Morocco Offer", covering the entire value chain of the green hydrogen sector in Morocco. It should include, in addition to the regulatory and institutional framework, the necessary infrastructure scheme.
This working meeting took place in the presence of Advisor to HM the King, Mr. Fouad Ali El Himma, Minister of Interior, Mr. Abdelouafi Laftit, Minister of Economy and Finance, Ms. Nadia Fettah, Minister of Energy Transition and Sustainable Development, Ms. Leila Benali, and Director General of the National Office of Electricity and Drinking Water, Mr. Abderrahim El Hafidi".

Source: MAP