The 2021 investment budget of the Moroccan Ministry of Energy and Mines is showing a sharp decline. Amounting to nearly 63.8 MDH, it is down 50.76% compared to the 129.58 MDH of the year 2020. Here’s why.
King Mohammed VI had noticed, last October, delays in the implementation of the vast project dedicated to the development of renewable energies. A reminder had been addressed to the Minister of Energy and Mines, Aziz Rebbah .
The Ministry of Energy has approved the environmental impact study (EIS) of Sound Energy’s Tendrara gas export pipeline project (TGEP), thus giving the British company the green light to settle in eastern Morocco .
Morocco’s butane stock is sufficient to cover the national need, with an autonomy of 40 days.
By 2025, water scarcity will become pressing, with a reserve of 500 m3 of drinking water, compared to 720 m3 today, and 1700 m3 in the 1970s. This risk of water stress has provoked the reaction of King Mohammed VI who did not fail to express his dissatisfaction during his recent meeting with the members of the Government.
In Morocco, photovoltaic solar panels (PV) are installed, at a rate of 8.8%, on some 30,000 farms, according to data released by the Moroccan Agency for Energy Efficiency (AMEE).