The Minister of Energy Transition and Sustainable Development, Leila Benali, announced that nearly 30 billion dirhams (MMDH) will be invested in the national electricity transport network between 2024 and 2030. This project does not take into account the project of 3 GW high voltage link between the South and Center of the Kingdom, which will strengthen the national energy infrastructure.
As part of the promotion of renewable energies, the minister specified that for the first time, the private sector will be able to invest in the electricity network when necessary, paving the way for increased collaboration between the public and the private sector. These efforts aim to strengthen the efficiency and competitiveness of the energy sector.
She also recalled that several renewable energy projects with a capacity of 2,000 MW have been launched, representing a total investment of 19 billion dirhams and creating more than 300 direct jobs. This dynamic is part of the government’s desire to reduce the cost of energy and strengthen the country’s energy independence.
Benali also welcomed the reforms put in place, such as the acceleration of project processing times and the digitalization of procedures, allowing for better transparency and a reduction in decision-making times. These changes enabled 42 investment decisions to be made in less than 30 days, ensuring a favorable environment for investors in renewable energy.
M.Ba.
Morocco
