The Kingdom highlights its energy solutions

“Morocco’s potential in terms of renewable energy production, in this case solar and wind power, will allow us to decarbonise the European economy”, declared the Minister Delegate to the Head of the Moroccan Government in charge of Investment. , convergence and evaluation of public policies, Mohcine Jazouli.

In an interview with Euronews on the sidelines of the World Economic Forum (WEF) in Switzerland, Mohcine Jazouli recalled that the Kingdom’s energy mix includes more than 40% of renewable energy and plans to exceed 50% in the six years to to come.

In the same vein, the minister underlined that “the strategy adopted by Morocco corresponds perfectly to the objectives of the European Union”, in particular those relating to the decarbonisation of its economy”. Thus, to this end, “Morocco presents itself as the best partner given the renewable energy sources at its disposal, which will pave the way for major projects in this area”, he explained.

“As a result, Morocco has managed to have a good track record in terms of renewable energy projects, which will allow us to decarbonize the European economy and embark on large-scale green hydrogen projects,” said concluded Mohcine Jazouli.

Green hydrogen, the Kingdom’s big bet

It should be recalled that Morocco has made great strides in terms of solar and wind renewable energies, thus the Kingdom is the world number 1 in renewable energies, according to the latest ranking of the biannual report of the Renewable Energy Country Attractiveness index ( RECAI).

The demand for green hydrogen by 2050 could reach, according to United Nations forecasts, 650 million tonnes, or about 14% of total anticipated global energy demand, which explains Morocco’s desire to position itself as an exporter of hydrogen. green hydrogen.

The climate issue at the heart of the Forum

On January 16, the World Economic Forum (WEF) kicked off its five-day annual meeting on critical global economic issues in Davos, Switzerland. From day one, meetings on environmental issues took center stage, especially as organizers voiced concerns about climate risks.

Outside, Greta Thunberg and activists called on the energy industry to stop hijacking the clean energy transition. Domestically, political leaders like Kier Starmer have railed against new oil investments and Pakistan’s climate minister Sherry Rehman has pushed for loss and damage funding.

US climate envoy John Kerry summed up in one word this week in Davos what the planet needs to avoid dramatic warming: money.

” How to get there ? The lesson I’ve learned over the past few years…is money, money, money, money, money, money, money,” went the way said John Kerry, US climate envoy. “The trigger we need is the deployment of hundreds of billions of dollars in search of good investments, but above all profitable”, affirms the American envoy for the climate.

.

Leave a Comment

Your email address will not be published. Required fields are marked *