HELD UNDER THE PATRONAGE OF THE GOVERNMENT OF NAMIBIA
Why Morocco?
The Kingdom of Morocco is committed to creating an economic and industrial sector centred around green molecules, particularly hydrogen, ammonia, and methanol. These efforts are part of Morocco’s energy transition strategy, aimed at reducing greenhouse gas emissions and supporting decarbonisation in partner countries.
Join us at the Global African Hydrogen Summit - your gateway to Africa’s hydrogen investment opportunity.
Why Morocco?
Renewable Energy Potential:
Morocco boasts exceptional potential in renewable energy sources, including solar and wind power. Leveraging this potential, the country aims to develop green hydrogen as a key player in its energy landscape.
Economic and Industrial Goals:
The Moroccan government envisions creating an industry based on green hydrogen. This industry will add value to renewable electricity production by transforming it into products with higher energy density. The goal is to strengthen energy security and promote economic growth.
Export Opportunities:
Morocco sees an opportunity to export green energy, especially to large economies like Europe. By establishing itself as an African green hydrogen hub, Morocco can develop win-win alliances.
National Strategy and Roadmap:
The Moroccan Ministry of Energy, Mines, and Environment established a roadmap for green hydrogen in 2021. Here are the three pillars. Market and Demand - Recommendations to enhance export and storage conditions. Technology and Cost Reduction - Facilitating local industrial integration. Investment - Identifying clusters and financing measures.
Phases of Development:
Short Term (2020-2030): Pilot projects, government support, and international financing
Medium Term (2030-2040): Reducing production costs and local usage in the electricity sector.
Long Term (2040-2050): Expanding usage to heat production, residential needs, urban mobility, heavy vehicles, and aviation.
Ammonia Production:
Morocco aims to replace imported ammonia with local production. Green hydrogen will play a crucial role in achieving this self-sufficiency.
Capacity and Investment:
By 2030, Morocco expects a local hydrogen market of 4 terawatt hours (TWh) and an export market of 10 TWh. Meeting this demand would require the construction of 6 GW of new renewable capacity and create over 15,000 direct and indirect jobs.
Investment Estimate
The development of the green hydrogen industry in Morocco may require an investment ranging from 140 billion dirhams (€13 billion) up to 1,000 billion dirhams (€95 billion) between 2020 and 2050 to meet potential demand by 2050.
In summary, Morocco is strategically positioning itself as a leader in green hydrogen production, aiming to contribute to global sustainability while reaping economic benefits.
Contact Us
For more information about the summit or to book your Summit Pass, please contact:
William Shilamba at info@gah2s.com