New gas power plant planned for northern Morocco

Morocco’s national water and electricity utility, ONEE, plans to construct a 990-megawatt (MW) gas-fired power plant in the north of the country.

The project, estimated to cost $420 million, will be financed through a combination of sources, including a 20% contribution from ONEE and 80% from loans secured from Attijariwafa Bank, Bank of Africa, and two securitization funds.

The power plant, featuring two open-cycle gas turbines (OCGT), will utilize diesel as a backup fuel source.

It will be strategically located near a pipeline that began transporting natural gas from Spanish terminals to Morocco in 2023.

This project aligns with Morocco’s efforts to diversify its energy mix.

While the country is actively pursuing renewable energy goals, aiming to reach 52% of total installed capacity by 2030, the gas-fired power plant will provide a crucial source of reliable and flexible electricity generation.

The development of a natural gas terminal in the northeastern port of Nador West Med further supports this energy diversification strategy.

Morocco’s current total installed energy production capacity stands at 11,918 MW, with coal currently dominating the energy mix.

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