Moroccan energy company launches initiative to boost industrial energy efficiency

Morocco’s journey in energy transition appears to be on track, as the country’s energy efficiency approach is projected to yield energy savings of 20% by 2030. The Moroccan Energy Investment Company (SIE) has recently launched a call for interest aimed at selecting industrial companies that seek energy audits, thus advancing the nation’s industrial energy transition goals.

This initiative aspires to enhance energy efficiency across Morocco’s industrial operations, enabling companies to uncover cost-saving opportunities while promoting both energy efficiency measures and renewable energy solutions. All audits will adhere to strict Moroccan standards, namely NM ISO 50002 and NM EN 16247-3, employing a comprehensive methodology that includes existing data analysis, measurement campaigns, technical and economic recommendations, along with an actionable plan for implementing proposed solutions.

Participating companies must satisfy several eligibility criteria. They are required to have an annual energy bill exceeding MAD 1.2 million (approximately $12,000) and must pledge to co-finance the audit. For audits costing up to MAD 100,000 ($10,000), companies must cover 50% of the costs. In the case of more expensive audits, a contribution of MAD 50,000 ($5,000) is necessary.

Additionally, companies must provide technical staff to support the audit process and commit to implementing the recommendations that emerge from the audit findings. They can either make the necessary changes using their own resources or enter into an energy performance contract with an energy service company (ESCO).

This program embodies SIE’s persistent commitment to transforming Morocco’s industrial sector towards enhanced energy efficiency and sustainability.

Morocco’s journey toward energy efficiency

Morocco's energy transition is gaining momentum, with expectations of achieving significant energy savings by 2030. While energy efficiency serves as a "second pillar" of the national energy strategy, it also holds the potential for substantial job creation in the energy sector, with an estimated 100,000 job opportunities anticipated by 2030.

The country is actively adopting strategies to ensure a successful energy transition, marked by significant investments in solar and wind projects, hydrogen, and various forms of renewable energy, with a goal of sourcing 52% of its energy from renewable sources by 2030.