In 2021, Morocco’s supply of renewable energy grew by 10% compared to the year before, reaching 7.9 terawatt hours (TWh). Algeria is Africa’s largest exporter of natural gas but has announced ambitions plans to expand its renewable energy infrastructure and particularly facilities related to solar energy. This allows companies to produce their own renewable energy, with the process costing less than buying electricity at market prices. According to the International Renewable Energy Agency (IRENA), the Renewable Energy Law in 2014 aimed “to support the creation of a favorable economic environment for a significant increase in renewable energy investment in the county,” while a prime ministerial decree the following year provided regulations indicating how state land could be allocated to renewable projects at a discounted price. Case Study: MoroccoIn the most recent edition of EY’s biannual Renewable Energy Country Attractiveness Index (RECAI), released in November 2022, Morocco leads the region in renewable energy.

Source: The North Africa Journal June 30, 2023 13:16 UTC