Morocco unveils its green hydrogen offer
Morocco is planning incentives and allocating 1 million hectares at a first phase to promote investors in green hydrogen.
King Mohammed VI has given his instructions to the government to put forward a Moroccan green hydrogen offer “to make sure the requirements of quality are observed, to leverage our country’s significant potential in this regard, and to meet the expectations of leading global investors in this promising field.”
A decision by the head of the government has been issued in implementation of royal directives, offering insight into a Moroccan offer that “will enable Morocco to play a major role in the field of energy transition globally, and reshape the resulting flows,” according to a statement from the Office of the Head of Government.
Green hydrogen “is expected to be a key energy vector and one of the main drivers of the energy transition and sustainable growth in the Kingdom, under the wise leadership of His Majesty the King,” the statement said.
“This emerging sector will also be a turning point for Morocco’s economy in light of economic, social, environmental and technological challenges,” it added.
“Morocco Offer” would apply to integrated projects ranging from the generation of electricity from renewable energies and electrolysis, to the conversion of green hydrogen, ammonia, methanol, and synthetic fuels, as well as related logistics, it added.
The offer will be open to investors aiming to export and those targeting the domestic market alike, it said, noting that 100 investors are interested in producing green hydrogen in Morocco.
In a first stage, 300,000 hectares will be allocated to green hydrogen projects, with each project allowed to 10,000 to 30,000 hectares, the statement said.