Pressdia Ad

Morocco to Phase Out Coal Power by 2040

Morocco has announced plans to completely phase out coal power generation by 2040 as part of its broader energy transition and climate commitment. The government said the move is aligned with its ambition to expand renewable energy and reduce carbon emissions, though officials noted that full implementation would depend on access to sufficient international climate finance, as reported by Reuters.

Coal currently accounts for about 59.3 percent of Morocco’s electricity generation, down from roughly 70 percent in 2022, according to the country’s updated climate plan. The government aims to boost the share of renewables in its installed power capacity to 52 percent by 2030, up from around 45 percent today.

Energy Minister Leila Benali confirmed that Morocco has halted all new coal power projects and is preparing to retire existing plants earlier than planned. She added that a “just transition” framework is being developed to support workers and communities affected by the shift.

Industry analysts say the phase-out plan positions Morocco as a regional leader in sustainable energy policy while attracting new investment in solar, wind, and energy storage projects. However, they caution that success will depend on regulatory stability and sustained international partnerships to finance the transition.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Uganda’s Museveni Hosts Pastor Adeboye Ahead of Daughter’s Episcopal Consecration in Uganda

Ugandan President Yoweri Museveni and First Lady Janet Museveni have hosted...

New Zealand Moves to Restrict Social Media Access for Under 16s

New Zealand is joining the growing international push to restrict social...

Nigeria Advances $2 Billion Satellite Expansion to Boost Digital Connectivity

Nigeria is moving ahead with the acquisition and deployment of NIGCOMSAT...

Mo Abudu Takes EbonyLife Place Global With London Launch Set for October

Nigerian media entrepreneur Mo Abudu is taking the EbonyLife Place concept...

Meet Nora Awolowo The Filmmaker Turning Vision Into Box Office History

Oreoluwa Racheal Awolowo, popularly known as Nora Awolowo, is a Nigerian...

Bold Prints and Confident Femininity Define London’s Kai Collective

Founded in 2016 by Nigerian British entrepreneur Fisayo Longe, Kai Collective...

Clifftop Safari Luxury with Dramatic Views of Zululand — andBeyond Phinda Rock Lodge

Dramatically carved into a cliff face within andBeyond Phinda Private Game...

10 African Founders Redefining the Beauty Industry

Africa’s beauty industry is undergoing a significant transformation, driven by founders...

Dangote Opens Employment Pathway for LASU’s Top Engineering and Science Graduates

Industrialist Aliko Dangote has offered employment opportunities to first class graduates...

Related Posts

Nigeria Advances $2 Billion Satellite Expansion to Boost Digital Connectivity

Nigeria is moving ahead with the acquisition and deployment...

Mo Abudu Takes EbonyLife Place Global With London Launch Set for October

Nigerian media entrepreneur Mo Abudu is taking the EbonyLife...

Niger Transfers Former Orano Uranium Mine to State Owned Company

Niger has transferred the assets of the nationalised Société...

LEAVE A REPLY

Please enter your comment!
Please enter your name here