Cross-border PPAs between Morocco and EU:
Barriers and what it takes to overcome them
In 2016, Morocco and four EU member countries (Spain, Portugal, France and Germany) signed the Sustainable Energy Trade (SET) Roadmap, committing to trade RES-generated electricity via green corporate cross-border power purchase agreements (PPAs), with the north-African country acting as an exporter. The commitment to green corporate cross-border PPAs comes at a time of growing climate change ambition both in the European Union and Morocco: for the EU, meeting the Green Deal targets in a cost-effective manner requires sourcing renewables in countries with the lowest generation costs, while for Morocco cross border PPAs can be a way to develop its RES industry attracting private investments.
RES4Africa Foundation in collaboration with PwC conducted a study on Pursuing Cross-Border PPAs between Morocco and the EU identifying existing barriers for this kind of trade and presenting a set of policy recommendations for their effective removal. The webinar will be an occasion to discuss the results of the study and present a proposal for a business model for cross-border PPAs which could feasibly be within reach.