Renewable Energies: A Sector with High Growth and Job Creation Potential.
10 June 2013
Read by 4010 persons
For every billion euros invested, direct and indirect jobs are estimated at 104,000 per year.
"Harnessing solar and wind resources in Morocco offers significant opportunities for growth and job creation for Moroccans." This is the conclusion of a new report by the Desertec Industrial Initiative (Dii) consortium, titled "Economic Impacts of Desert Power", which was presented at the end of May in Casablanca.
According to this report, the industrial sectors of wind, photovoltaic and concentrated solar power could represent up to 5% of the total value of goods produced in 2030, if the Kingdom invests massively in renewable electricity production.
Even better, "Morocco could also halve its dependence on fossil fuel imports, which currently accounts for 8% of GDP to 4% in 2030", according to the same source.
In parallel, GDP growth would be significantly strengthened. "With its abundant wind and solar resources and its proactive policy of diversifying its supply sources, Morocco has the ideal conditions for the emergence of a dynamic and competitive industrial fabric dedicated to renewable energies," said Paul van Son, CEO of Dii.
The report also indicates that Morocco could initially focus on the manufacture of relatively simple and multi-purpose components, such as electrical cables for wind turbines or support structures for photovoltaic panels, while also moving towards the manufacture of increasingly complex components.
The prospects for direct and indirect jobs in Morocco, if a significant proportion of components are manufactured locally, have been estimated at 35,000 jobs for concentrated solar power, 23,000 for photovoltaics and 46,000 for wind power, for each billion euros invested. These jobs concern the manufacture of components and the construction of power plants, as well as their operation and maintenance.
The need for skills in the renewable energy sector is very real. The international cable manufacturer LEONI, an associated partner of Dii employing around 8,000 people in Morocco, is ready to commit to this promising market. The Kingdom has already started training young Moroccans in this rapidly expanding sector. The government's incentive measures will encourage many foreign companies, such as LEONI, to develop their activities and transfer their know-how to our country.
International partnerships could accelerate the development of the renewable energy sector in Morocco. Dii will encourage its partners to make knowledge transfer a key element of cooperation on both sides of the Mediterranean. In this context, Morocco could become a hub of knowledge, sharing its expertise with its neighbours.
J.S
Libe.ma
Published June 10, 2013.
Posted online June 10, 2013.
"Harnessing solar and wind resources in Morocco offers significant opportunities for growth and job creation for Moroccans." This is the conclusion of a new report by the Desertec Industrial Initiative (Dii) consortium, titled "Economic Impacts of Desert Power", which was presented at the end of May in Casablanca.
According to this report, the industrial sectors of wind, photovoltaic and concentrated solar power could represent up to 5% of the total value of goods produced in 2030, if the Kingdom invests massively in renewable electricity production.
Even better, "Morocco could also halve its dependence on fossil fuel imports, which currently accounts for 8% of GDP to 4% in 2030", according to the same source.
In parallel, GDP growth would be significantly strengthened. "With its abundant wind and solar resources and its proactive policy of diversifying its supply sources, Morocco has the ideal conditions for the emergence of a dynamic and competitive industrial fabric dedicated to renewable energies," said Paul van Son, CEO of Dii.
The report also indicates that Morocco could initially focus on the manufacture of relatively simple and multi-purpose components, such as electrical cables for wind turbines or support structures for photovoltaic panels, while also moving towards the manufacture of increasingly complex components.
The prospects for direct and indirect jobs in Morocco, if a significant proportion of components are manufactured locally, have been estimated at 35,000 jobs for concentrated solar power, 23,000 for photovoltaics and 46,000 for wind power, for each billion euros invested. These jobs concern the manufacture of components and the construction of power plants, as well as their operation and maintenance.
The need for skills in the renewable energy sector is very real. The international cable manufacturer LEONI, an associated partner of Dii employing around 8,000 people in Morocco, is ready to commit to this promising market. The Kingdom has already started training young Moroccans in this rapidly expanding sector. The government's incentive measures will encourage many foreign companies, such as LEONI, to develop their activities and transfer their know-how to our country.
International partnerships could accelerate the development of the renewable energy sector in Morocco. Dii will encourage its partners to make knowledge transfer a key element of cooperation on both sides of the Mediterranean. In this context, Morocco could become a hub of knowledge, sharing its expertise with its neighbours.
J.S
Libe.ma
Published June 10, 2013.
Posted online June 10, 2013.
