An investment of nearly 30 billion dirhams (MMDH) in the national electricity transport network has been allocated for the period 2024-2030, “ without taking into account the additional high voltage electricity connection project of 3 GW between the South and Center of the Kingdom“, indicated, Monday in Rabat, the Minister of Energy Transition and Sustainable Development, Leila Benali.
In response to oral questions in the House of Representatives on “ the strategy for developing and promoting investments in clean energy“, Ms. Benali stressed that for the first time, the private sector will have the opportunity to invest in this network “ in case of necessity« .
Various projects in the field of renewable energies, with a capacity of more than 2,000 megawatts, were authorized during the current government mid-term, recalled the minister, referring to the approval of new projects for an overall investment of more than 19 billion dirhams, in addition to the creation of more than 300 direct jobs and thousands of indirect jobs.
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And to add that strategic measures have been taken to reduce the cost of energy, in particular the improvement of the governance of the energy sector through the establishment of an institutional framework to support the challenges and developments of the sector, as evidenced by the profound reform of the National Electricity Regulatory Authority (ANRE) and the expansion of its powers to include all components of the energy sectors, as well as the acceleration of accounting separation between production activities , transport and distribution of the National Office of electricity and drinking water and investment in electricity networks.
Among these measures is also the acceleration of investments in the field of renewable energies, with an installed electrical capacity which has reached 5.4 Giga Watt (GW), continued the minister, observing that “ currently operating renewable energy projects have helped cover almost a fifth of national electricity demand« .
She added that additional capacity of more than 9 GW has been programmed for the period 2023-2027, with a budget of nearly 90 billion dirhams, noting that the rate of investments in renewable energies has more than quadrupled annually and will be intensified to exceed the set objectives.
Furthermore, Ms. Benali indicated that her Department has made significant changes during the current government mandate, in particular through the acceleration of the pace of work, the simplification of procedures, the promotion of investments, the creation of jobs, as well as that the establishment of an adequate regulatory and institutional framework and an integrated program of necessary infrastructure, in accordance with the High Royal Guidelines to ensure efficient management of the energy transition.
In this regard, particular attention was paid to reducing processing times for the majority of procedures and procedures, in addition to their digitalization to guarantee greater transparency, she explained, welcoming that 42 decisions relating to investment projects were taken within a period which did not exceed 30 days, including for renewable energy projects.
With MAP
