By Abbas Nazil
Morocco’s 2026 draft finance bill reinforces the nation’s commitment to sustainable energy development by advancing renewable projects, natural gas infrastructure, and green hydrogen initiatives as part of its long-term energy transition plan.
Since the launch of the National Energy Strategy in 2009, Morocco has pursued the goal of increasing renewable energy’s share to 52 percent of installed electricity capacity and reducing energy demand by 20 percent by 2030.
As of May 2025, renewables accounted for more than 45 percent of Morocco’s installed capacity, up from 37 percent in 2021.
The energy mix now includes 44 percent wind, 24 percent hydropower, 17 percent solar, and 15 percent pumped storage, with flagship projects like Noor Atlas and Noor Midelt cutting generation costs to between 34 and 42 centimes per kilowatt-hour.
The 2026 budget prioritizes expanding solar and wind capacity and developing large-scale battery storage to ensure energy stability.
It also supports nuclear cooperation with the International Atomic Energy Agency to strengthen agricultural production, radiation safety, and food security while improving water resource management.
Morocco’s natural gas master plan, initiated through a 2024 agreement, is entering its operational phase with plans to construct the first LNG terminal at Nador West Med port and implement a new gas regulatory framework by 2026.
Green hydrogen remains a strategic pillar, with six major projects under the “Morocco Offer” representing MAD 370 billion in investments and aiming to position the country as a global hydrogen leader.
Energy efficiency efforts continue through regional decarbonization plans, appliance performance standards, and awareness campaigns promoting sustainable practices in transport, construction, and manufacturing.
The mining and geological sectors are also expanding, supported by reforms to Law No. 33-13 to regulate exploration for natural hydrogen, geothermal energy, and underground storage while enhancing environmental protection and governance.
Through this finance bill, Morocco reaffirms its commitment to an inclusive, sustainable energy model that aligns economic growth with environmental conservation.
