How can Morocco improve the security of the energy supply?
The Government of Morocco seeks to increase the security of the energy supply by reducing dependence on imports, including increasing the use of renewable sources for electricity production. As of the end of , the share of renewable energy in the electrical capacity mix stood 11.42 GW (ANRE data).
Are electricity meter rentals taxable in Morocco?
Electricity activities are subject to the Moroccan Tax Code and Customs Code in the same way as other commercial activities. Electricity meter rentals are subject to value added tax (VAT) at 7% (instead of the 20% standard VAT rate). Supplies of electricity are subject to VAT at the rate of 14% (with right to deduct).
What percentage of Morocco's energy is renewable?
The share of renewable energy currently amounts to 34% of the Moroccan energy mix. The plan aims to install 2,000 MW of solar energy and 2,000 MW of wind energy by . At the end of , MASEN announced that Morocco had 34% of its total installed capacity generated by renewable energy.
What is Morocco's energy strategy?
In , Morocco adopted a national energy strategy aimed at strengthening the security of its energy supply as well as securing general cost-effective access to electricity. It also accelerated the development of renewable energies to reduce energy dependence and decrease greenhouse gas emissions.
How is energy eficiency regulated in Morocco?
However, energy eficiency is specifically regulated by Law 47-09 on energy eficiency. Devices and equipment commercialised in Morocco using electricity, natural gas, gaseous or liquid oil products, coal and renewable energies must comply with minimum energy performance requirements.
What is Morocco's energy policy?
Morocco's energy policy is set independently by two agencies of the government: the Office of Hydrocarbons and Mining (ONHYM) which sets domestic oil policy, and the Office National de l'Electricité (ONE), which sets policy with regard to electricity.
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