To promote its decarbonisation policy, Morocco will assign one million hectares of public lands for green hydrogen development. Prime Minister Aziz Akhannouch launched the Morocco Offer programme on Monday with a pledge to cover the entire value chain of the green hydrogen industry, to make it “a competitive player” in the global market.
The plan will offer incentives to investors, specific details about which are yet to be made public.
The new scheme intends to attract investments in the production of green hydrogen and its derivatives through electrolysis and renewable power. The output would be supplied either to the domestic use or export market.
The first phase of the programme will make available some 300,000 hectares of land. Some of the schemes will also include the conversion of green hydrogen into methanol, ammonia and synthetic fuels, as well as linked logistic operations.
In the meantime, about 100 local and foreign investors have expressed interest in producing green hydrogen in Morocco.
The North African country, which has abundant wind and vast solar power resources aims to add 10 GW of renewables by 2030. It projects a local annual hydrogen demand of 4 TWh and exports of 10 TWh by 2030.
Green hydrogen, also known as GH2 is produced through the electrolysis of water using renewable electricity. The primary goal of green hydrogen is to reduce greenhouse gas emissions and limit global warming by replacing grey hydrogen, which is derived from fossil fuels without carbon capture, resulting in higher emissions.