Breaking 17:00 Sudan: first commercial flight lands in Khartoum after nearly three years 16:40 Venezuela: human rights activist Javier Tarazona freed after over four years in prison 16:20 Saint-Gobain Sekurit centralizes European automotive glass rework in Kenitra, Morocco 16:00 DRC: landslide at Rubaya mine could leave at least 200 dead, authorities fear 15:40 Ukraine: Russian strike hits maternity hospital in Zaporizhzhia, six injured 15:20 Jewish school in Paris vandalized overnight, religious plaque destroyed 15:00 Tetouan schools closed on Monday due to severe weather 14:40 Waymo aims to raise 16 billion dollars to expand autonomous vehicle services 14:20 New car sales in France down 6.55% in January 14:20 Team of the week: from Nador to Ksar El Kebir, the test of action 14:00 Preventive evacuations ordered in Sidi Kacem amid rising sebour river levels 13:40 Crans-montana fire death toll rises to 41 after victim dies from injuries 13:20 Joseph Aoun visits Spain on official trip 13:00 Fuel prices rise again in Morocco as diesel and gasoline costs increase 12:40 Moroccan lawyers intensify strike, paralyzing courts 12:20 Floods hit Ksar El Kebir: army and rescue teams evacuate residents 12:00 Türkiye expresses condolences over deadly landslide in DR Congo 11:40 Rafah crossing in Gaza reopens with severe restrictions 11:20 Turkey bus accident kills eight, injures 26 11:00 Türkiye condemns deadly terrorist attacks in Pakistan’s Balochistan province 10:40 Saudi Arabia-Pakistan defense pact will not include Turkey 10:20 New winter storm hits the United States 10:00 Iran labels European armies “terrorist” in retaliation for EU measures 09:40 Controversial speed camera near Italian border: Ventimiglia found guilty of abusive procedure 09:20 Capgemini to sell subsidiary working with US immigration agency ICE 09:00 Ukraine: two killed in Russian drone strike on Dnipro 08:40 Trump says Iran is “talking to us” amid rising tensions 08:20 Switzerland: dozens killed in bar fire at Crans-Montana ski resort 07:56 Majority bloc backs Nouri al-Maliki for prime minister despite Trump warnings

Morocco Allocates MAD 30 Billion to Modernize National Power Grid

Wednesday 08 January 2025 - 11:20
By: Dakir Madiha
Morocco Allocates MAD 30 Billion to Modernize National Power Grid

Morocco is set to invest nearly MAD 30 billion in its national electricity transmission network between 2024 and 2030, marking a significant expansion of the country's power infrastructure. This investment package excludes a planned high-voltage electricity link project connecting southern and central Morocco, according to Energy Transition and Sustainable Development Minister Leila Benali's announcement in Rabat.

In a groundbreaking development, private sector entities will now have opportunities to invest in the electricity network when necessary, opening new avenues for business participation in the nation's energy infrastructure.

The government's commitment to renewable energy is evident in its recent authorization of projects exceeding 2,000 megawatts (MW) in combined capacity. These initiatives, representing investments of over MAD 19 billion, are expected to generate more than 300 direct jobs and thousands of indirect employment opportunities.

To enhance sector efficiency, the government has implemented strategic measures focused on improving energy governance. A key component of this strategy involves the comprehensive reform of the National Electricity Regulatory Authority (ANRE), which now oversees all energy sector components. The National Office of Electricity and Drinking Water (ONEE) has accelerated the separation of its accounting functions across production, transmission, and distribution activities.

Morocco's renewable energy sector has achieved notable progress, with installed electrical capacity reaching 5.4 gigawatts (GW). Current operational renewable projects supply approximately one-fifth of the national electricity demand. The country has ambitious plans to add over 9 GW of renewable energy capacity between 2023-2027, supported by a substantial budget of nearly MAD 90 billion. The annual pace of renewable energy investments has increased fourfold and is expected to surpass existing targets.

The ministry has streamlined administrative processes, with 42 investment-related decisions, including renewable energy project approvals, now processed within a 30-day timeframe. This efficiency improvement is complemented by increased digitalization of procedures, enhancing transparency in the sector.

To support these initiatives, Morocco has established a comprehensive regulatory and institutional framework, alongside an integrated infrastructure program, ensuring effective management of the country's energy transition goals.

 


  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

Read more

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.