Morocco energy report

• In 2030, the country aims to reduce its energy consumption by 15%, compared with a BaU scenario, and to reach 52% of renewables in its power capacity.
• ONEE holds around half of the power capacity.
• An increasing share of the electricity production is provided by IPPs.
• Since 2015, Morocco has added 2.8 GW of capacity, mainly from coal and renewables.
• Imports cover 100% of oil and coal consumption and almost 90% of gas consumption.
• Motor fuel prices increased by around 20% in 2021, following international oil prices.
• Morocco aims to limit the influence of global oil prices on its budget.
• The growth in energy consumption slowed down between 2010 and 2019 and dropped by 7% in 2020. It is dominated by oil products (55%).
• The country plans to install more than 10 GW of renewables by 2030.
• Two LNG imports terminals are planned with a total capacity of 10 bcm in 2030.

• Institutions & Energy Policy

  The Sustainable Ministry of Energy Transition and Sustainable Development (MTEDD) plays a central role in the implementation and coordination of the energy policy. It promotes the energy savings policy, as well as the development of new energies and renewables. The Ministry of Finance is responsible for the taxation and financing of projects.

• Energy Supply

  Oil:

  The national production of hydrocarbons is low. All the oil products are imported since the shutdown of the sole refinery of the country in 2015 (200 000 bbl/d). Oil product imports increased rapidly from 2015 to 2019 (+6%/year) and decreased by 12% in 2020 due to the COVID crisis.

• Energy Prices

  Electricity:

  The price of electricity is US$15.3c/kWh for industry and US$12c/kWh for households. Prices decreased by about 14% for industry and 10% for households between 2014 and 2016. Since 2017, they have remained constant in Dirham, but have increased in dollar terms because of a deprecation of the national currency (+2.8%/year for households and industry over 2016-2021).

• Energy Consumption

  Per capita energy consumption is 0.56 toe (around 42% below the North Africa average), including around 900 kWh of electricity (38% below the regional average) (2020).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  According to the MEME (now MTEDD), the country's energy needs will more than triple by 2030. Morocco aims to cover 42% of its power capacity with renewable energy sources by 2020, and 52% in 2030. In its new Low Carbon Development Strategy for 2050, Morocco aims to generate 70% of its electricity from renewables in 2040 and 80% in 2050.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Morocco energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020 %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2020, %)
• GRAPH 9: Final consumption market share by sector (2020, %)
• GRAPH 10: Oil consumption (Mt)
• GRAPH 11: Oil consumption breakdown by sector (2020, %)
• GRAPH 12: Electricity consumption (TWh)
• GRAPH 13: Electricity consumption breakdown by sector (2020, %)
• GRAPH 14: Natural gas consumption (bcm)
• GRAPH 15: Gas consumption breakdown by sector (2020, %)
• GRAPH 16: Coal consumption (Mt)
• GRAPH 17: Coal consumption breakdown by sector (2020, %)

In the Morocco energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.