In 2022, the Ministry of Energy Transition licensed several new renewable energy projects with a capacity of around 1,000 megawatts, representing the largest amount awarded by the ministry in a single year.
Investments in the renewable energy sector are expected to reach around Dh14 billion per year between 2023 and 2027, compared to Dh4 billion per year between 2009 and 2022. These investments will mainly focus on the implementation of projects with a capacity of approximately 1.3 gigawatts (GW) during the period 2023-2027, instead of 0.16 GW per year between 2009 and 2022. In addition, an increase in investments in the electricity grid is expected to achieve optimal integration of renewable energies. In this sense, a master plan will be developed to strengthen and develop the national electric transportation network during the period 2023-2027. This plan is currently under discussion and will require total funding of approximately Dh23 billion, i.e. Dh4.58 billion per year, compared to only Dh1 billion per year over the period 2009-2022.
These ambitions were expressed by Leila Benali, Minister of Energy Transition, during a study day organized by the Infrastructure, Energy, Mines and Environment Commission in the House of Representatives, under the theme: 'Production, transport and distribution of electricity in our country and its contribution to economic development'.
Source: la vie eco