Morocco's Green Hydrogen Plan: 30,000 Jobs and Economic Growth

INSUBCONTINENT EXCLUSIVE:
Morocco is making bold strides in green hydrogen production, aiming to create 30,000 new jobs in this emerging sector
This goal is part of a broader plan to generate 300,000 jobs in strategic industries like decarbonization and electric mobility.The
government has allocated one million hectares for green hydrogen development, with 300,000 hectares already assigned to investors
Minister estimates a $100 billion market linked to new technology production, with the potential for Morocco to capture up to $4
(Photo Internet reproduction)Despite progress in renewables, Morocco still relies heavily on fossil fuels, with 62% of its electricity from
coal, gas, and oil as of 2022
green hydrogen roadmap outlines development phases from 2020 to 2050, focusing on increasing local usage and reducing costs.Investments
Morocco anticipates a potential demand of 30 TWh by 2030, increasing to 307 TWh by 2050.In addition, large-scale projects are already
positions it as a potential major exporter of green hydrogen to meet growing European demand