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Paris-based autonomous intergovernmental organization International Energy Agency (IEA) published, Tuesday, its in-depth review of Morocco’s energy policies, the agency said a press release.
Presented in Rabat by the International Energy Agency’s Executive Director Fatih Birol, the new review welcomed the Kingdom’s efforts to «boost renewable investment, provide access to electricity, and phase out of subsidies for fossil fuel consumption».
Despite the government’s ambitious plans, IEA noted that «reductions in greenhouse gas emissions by 2030, in line with the country’s commitments to the Paris Agreement, will require the scaling up of private and public investments».
Moreover, the review, which features a series of recommendations for the Kingdom to reach its ambitions, warned that the North African country still depends heavily on oil, gas, and coal import for most of its energy needs.
Meanwhile, IEA commended the government’s focus on energy efficiency and upgrading of its coal-fired generation fleet.
«It was the first country in the Middle East and North Africa to join us. Morocco’s success in moving towards universal access and phasing out fossil fuel subsidies is a role model for many countries, making it an ideal partner to host regional training and capacity building programs that help to improve energy policy making across Africa», Birol said.
For the record, IEA’s report on Morocco was conducted at the request of Morocco’s Ministry of Energy, Mines and Sustainable Development.
