Africa
With a power score of 1.97, Morocco ranks number 48 among Emerging Markets and number 12 in the Africa region
Power score
1.97/5
Score over time
2021 - 2024
Morocco has a power score of 1.97, which puts it at rank 48 in the Emerging Markets power ranking. In comparison to 2023, Morocco has dropped in the power rankings by 21 places, from rank 27, to rank 48.
At 1.97, the power score of Morocco is better than than the regional average of 1.8 in the Africa region and puts it at rank 12 in the region.
Morocco implements policies in 5/9 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Net metering, Import tax incentives, and VAT incentives.
The average electricity price in Morocco has dropped from 97.54 USD/MWh in 2022 to 96.30 USD/MWh in 2023. Since 2017, the average electricity price in Morocco has fluctuated between 96.30 USD/MWh (2023) and 108.48 USD/MWh (2021).
The top amount of capacity installed in Morocco in 2023 was in Coal at 32.52%, down from 36.37% in 2022. The technology with the biggest increase in capacity installed in 2023 was Small-scale PV - commercial at 3.84%, up from 1.2% in 2022.
The top amount of electricity generated in Morocco in 2023 was in Coal at 64.78%, down from 65.21% in 2022. The technology with the biggest increase in electricity generated in 2023 was Solar thermal at 3.69%, up from 2.7% in 2022.
Investment in clean energy in Morocco was around $756.07 million in 2023, an increase of 87.38% from 2022 ($403.51 million). Between 2018 and 2023, the highest investment in clean energy was in 2018 at $2,930.38 million, while the lowest was in 2021 with $387.00 million.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.