|The Major Projects|
Mr. Abdelkader Aamara
Minister of Energy, Mining, Water and the Environment
As a country that does not export energy, Morocco is preparing the ground for a salutary transition aimed at reducing the weight and pressure of its energy dependence. The Kingdom is committed to a series of structuring projects designed to boost the national economy - major projects that, as is, would push energy demand to unsustainable levels by 2030. This being so, it has drawn up an ambitious energy strategy to ensure successful completion of such projects and anticipate their needs
Continuous improvement of the legislative and regulatory framework governing the energy sector
There has been sweeping revision of the energy sector's legal and institutional framework, with the introduction of Law 13-09 on renewable energies, Law 16-09 bearing on creation of the Agence de Développement des Energies Renouvelables et de l'Effiacité Energétique (ADEREE – Agency for Development of Renewable Energies and Energy Effiiency), Law 47-09 on energy effiiency, Finance Law 40-08 instituting the Energy Development Fund, with setup of the Société d'Investissements Energétiques (SIE – Energy Investment Company), Law 57-09 bearing on the creation of the Agence Marocaine de l'Energie Solaire (MASEN – Moroccan Solar Power Agency), Law 40-09 on the Offie National de l'Electricité et de l'Eau Potable (ONEE – National Offie for Electricity and Drinking Water), and Law 142-12 bearing on nuclear and radiation safety and security along with the setup of the Agence Marocaine de Sûreté et de Sécurité Nucléaires et Radiologiques (Moroccan Agency for Nuclear and Radiation Safety and Security).
An ambitious pragmatic energy mix
The sector now enjoys real visibility, due to the launch of an audacious energy strategy focusing on securing our energy supplies and diversifying our sources. Morocco is well on the way to achieving an energy mix that includes imported fossil fuels (which we endeavour to optimise on the international market) such as coal, which remainsreasonably competitive, fuel oil, as it enables a measure of flxibility in managing electrical peaks, and natural gas, which we have made relatively little use of in the past but are set to make greater use of in the future.
Renewable energies also play an increasingly important part in the new energy mix, hydroelectricity, wind power and solar energy in particular. Besides their positive impact on reduction of greenhouse gases, and consequent role in environmental preservation and decrease of the carbon footprint, such renewable energy projects put Morocco and its economy in a leading position at regional and continental level, in terms of industrial integration, research and development, and technology transfer in particular.
Strengthening the hydrocarbon sector's competitiveness
With regard to hydrocarbons, the results of ongoing exploration in the country's sedimentary basins appear quite promising, in particular as concern gas. The Hydrocarbon Code provides an incentive framework that has improved national drawing-power and competitiveness in this highly capitalist sector and has succeeded in attracting a number of internationally reputed companies.
The environment and energy effiiency at the heart of the national strategy
In parallel, Morocco has undertaken major reforms designed to secure energy supplies, reduce the national energy bill, ensure preservation of the environment and promote sustainable development. Classical energies, renewable energies, energy effiiency, water and the environment are interdependent in the nation's and government's conception of the energy sector. If we take account of the legislative, regulatory and economic advances made that favour investment in energy, there can be no doubt that Morocco is a growing and highly attractive market.