The implementation of the national roadmap for the production of Morocco green hydrogen and its derivatives is put back on the table during the working meeting on renewable energies, which is presided over by King Mohammed VI.
Increase the pace at which the national roadmap for producing green hydrogen and its derivatives is put into action. During the customary follow-up meeting on the Kingdom’s strategic objectives, King Mohammed VI gave several directives, this one pertaining to the widespread growth of renewable energy sources.
The King urged the creation of an operational and incentive “Morocco Offer” that would encompass the full value chain of the green hydrogen industry as soon as possible.
Yahya Zniber, president of the Cluster Green H2, is ecstatic. “We appreciate the royal decision,’ We required this strong position at the highest state level because our cluster helped design the national hydrogen plan, according to him.
And with good reason given the fierce rivalry in this industry. In fact, a number of African nations have publicized their objectives for the production of green hydrogen and its derivatives by taking advantage of the COP27, which recently concluded in Sharm el-Sheikh, Egypt. In the North and East of Africa, “we may list Egypt, Algeria, Libya, Mauritania, Sudan, and Chad, while in the South of the continent, there are Botswana, Namibia, and South Africa that have made their mark,” says the newspaper.
According to the national hydrogen roadmap, Morocco green hydrogen can play a significant role in the regional growth of the green hydrogen sector and snag up to 4% of the global demand for green molecules. In order to position the Kingdom today on green hydrogen as a technological solution for converting and storing energy, similar to Japan, Germany, France, Denmark, and Spain…
Thus, the development of commercial and industrial sectors centered on green molecules, in particular hydrogen, ammonia, and methanol will help to lower greenhouse gas emissions (by up to 20%) and will also boost partner nations’ efforts to decarbonize their economies through exports. Export demand is projected to be 10 TWh for a power of 6 GW from renewable sources in 2030, 46 TWh for a power of 25 GW in 2040, and 115 TWh for a power of roughly 60 GW in 2050.
According to estimates, the country will need 4 TWh of green hydrogen and its derivatives in 2030 for a power of 2 GW from renewable sources, 22 TWh in 2040 for a power of 12 GW, and 40 TWh in 2050 for a power of roughly 20 GW. By 2030 and 2050, these investments will total 90 billion and 760 billion dirhams, respectively.