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Morocco unveils «Morocco Offer» to spur green hydrogen development

DR
Estimated read time: 1'

Prime Minister Aziz Akhannouch launched the «Morocco Offer» today, an attractive program designed to stimulate development in the green hydrogen sector. This comprehensive program encompasses the entire value chain and aligns with investor needs, aiming to position Morocco as a competitive player in this promising industry.

A press release from the Prime Minister's office explains the offer's activation process, state resources dedicated to successful implementation, and defines stakeholder roles.

The offer features a transparent structure providing investors with clear project specifics. It consists of six key components: scope of the offer, land mobilization, necessary infrastructure, incentive measures, investor selection, contract formation, and sector governance.

Green hydrogen is anticipated to become a primary energy source and a key driver of energy transition and sustainable growth in Morocco. This emerging sector presents a turning point for the Moroccan economy, addressing economic, social, environmental, and technological challenges.

The «Morocco Offer» targets projects integrating renewable energy generation, electrolysis, and the conversion of green hydrogen into ammonia, methanol, and synthetic fuels, along with related logistics services.

It welcomes individual or investor groups interested in producing green hydrogen and its derivatives for domestic use, export, or both. The strong interest exhibited by nearly 100 national and international investors confirms Morocco's significant potential in this field.

Recognizing the importance of land resources, the state has identified approximately one million hectares of public land for green hydrogen development. An initial phase will provide 300,000 hectares to investors, with plots ranging from 10,000 to 30,000 hectares allocated based on project size. Contractual frameworks ensure the protection and proper utilization of public land.

The «Morocco Offer» further emphasizes a competitively priced, planned, and well-maintained infrastructure that adheres to international standards and green hydrogen industry needs. Additionally, it offers incentive measures and project owner support.

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