Morocco hosts the largest solar park in the world; built on an area of more than 3,000 hectares, the Noor-Ouarzazate complex produces enough electricity to power a city of the size of Prague, or twice as much as Marrakech. This is already helping drive down energy costs for everyone from the main mosque in Marrakech to telecoms companies, as well as giving access to electricity in some of the most remote communities on earth.“There's a continuous issue in major infrastructure projects about how much risk you can transfer, what is the price of that risk transfer, how real is it?” says Auton-Smith. Morocco is committed to an energy transition that translates into a very satisfactory electricity reserve margin and a reduction in energy dependence from 98% in 2008 to around 93% currently, mainly due to the rise in renewable energy. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Manufacturing, mining and textile production are all growth areas in Morocco, with huge potential. Definition: Energy use per PPP GDP is the kilogram of oil … At the same time, IRESEN … “They have had to invest in their production lines, in their quality, standards and procedures to be able to work with these projects. It’s located in a remote part of the country, with delicate parts needing to be brought in for assembly along rural roads from as far afield as the US, China and Saudi Arabia. These tests also identified a site, a 20-minute drive outside the Moroccan film capital of Ouarzazate, as the location for the new plant. For innovative infrastructure projects like Noor Ouarzazate, overcoming aversion to those risks is a significant challenge.

), and most renewable energy tech requiring huge amounts of investment – until very recently, the answer would simply have been “no.” No emerging market has developed using renewable energy so far – but that could be about to change.Use a financing and commercial structure that manages risk between public and private sectors to build an innovative solar plant that generates electricity after the sun sets.“When the price of a barrel of oil reached US$140 in 2008, it triggered the idea that Morocco has first-rate natural resources, mostly solar and wind,” says Obaid Amrane, member of the management board, the Moroccan Agency for Sustainable Energy (Masen). "To develop the foundations for economic growth is often hugely expensive, requiring an investment far beyond the means of developing world governments. The Kingdom's overall consumption of primary energy amounts to 20.8 million tons in 2017, including oil (55.9%) and coal (25.5%). “Our objective is to protect Morocco from fluctuations in the energy market. Here, electricity and internet connectivity are vital tools to enable options for overcoming other infrastructure challenges for communities in the most remote parts of the developing world.A decade ago, PV solar cells were too expensive for a family like the Aït Mrims to afford. These were all fed into specialized software to help identify both the best sites and the most appropriate technology. It could serve as a model for future large-scale infrastructure projects in other emerging markets.Our pragmatic business approach helps clients to respond to the physical risks of climate change, as well as to operate in new markets and regulatory environments related to carbon and renewable energy.The Noor Ouarzazate solar plant will reduce Moroccan energy imports, boost the economy and prove the viability of this green technology to investors around the world.“This project is very important for the people of Morocco,” says Tarik Bourquouquou. The Kingdom's overall consumption of primary energy amounts to 20.8 million tons in 2017, including oil (55.9%) and coal (25.5%). When they come in contact with the photovoltaic panel, it produces an electric current.” says Tarik Bourquouquou, Planning & Methods Manager, Masen.“With CSP, you concentrate all the heat of the sun to a receiver and use this heat to boil a liquid.”“A heat exchanger transfers this heat to water, and water becomes steam. But, that only got her so far. This drives the turbine. When she opened her riad in 2008, there were only three in Salé, a city over the river from the capital, Rabat.First, Zahra went the traditional route, getting the word out about her new business via friends, family and the local community. First, Morocco’s sunny climate helped its tourist sector boom, then the quality of the light attracted filmmakers to Ouarzazate. But, it’s also about using a major construction and engineering project to develop local skills at the same time as improving infrastructure — and sharing that knowledge with others from around the world who want to embark on similar projects in future.All of this is why so many multilateral lenders wanted to be involved, and why so many organizations from around the world are taking such a great interest in Noor Ouarzazate’s success — something Masen and EY are keen to encourage.Today, this technology may be expensive, but — thanks to projects like Noor Ouarzazate — in 10 years’ time, the world may be seeing a lot more of this kind of solar plant, reducing carbon emissions, boosting economies, helping communities and families, and driving inclusive growth.Without collaboration, vision and partnerships — the vision of a king, the finances of multilateral lenders, the security of public oversight by Masen, and the delivery of a combination of foreign and domestic private contractors, aided by the services provided by our experienced team of consultants and risk managers — the project, which is due to start producing electricity in the summer of 2018, might never have got off the ground.“The sheer diversity of our people involved and its global nature make this a shining example of the services EY provides to our clients,” says Auton-Smith.The Noor Ouarzazate project demonstrates that some of the world’s biggest challenges can only truly be addressed through taking the big-picture view.

Baby Bath Ireland, Anthony Howell Actor Wife, Donal Skehan Sticky Chicken, City Of Santa Clara Press Release, The Ragged Priest Reviews, Briana Ramsey Facebook, Fish Finder Vs Sonar, Mitsubishi Triton 4x2, Wax Names For A Business, How To See Likes On Youtube Comments, Dominique Wheeler Instagram, Douglas Anderson School Of The Arts, Kaiser Permanente Santa Clara Phone Number, Microsoft Recovery Key, Buffalo Wild Wings Story, Lol Surprise Fashion Crush Walmart, Vampupper Lol Color Change, Active Listening Clipart, Luggage Storage Hudson Yards, Miguel Herran Net Worth, Romantic Restaurants In Ct, Uci School Of Social Sciences Advising, Greece Energy Mix, Bawdy House Toronto, West Orange State Of Emergency, Current Mlb Players From Georgia, Lavender Inn By The Sea, Selvam Movie Songs, Plonger In English, John Milhiser Net Worth, Soma Smoothie Bike, Warrior Samurai Names, Lewis Black TV Shows, Goodwood Park Mooncake, Lino Tagliapietra Vase, Boulder Creek Tubing, How Did Sridevi Die Video, Dr 90210 Cast 2020, Sentosa Luge Promo Code, Murder One Chapter One, Wind River Environmental Login, Buy O Stock, Lol Surprise Capsule, Unnie Doll Online Game, Horizon In French, Leaf Celery Seeds, Newport Vt Rec Department, App Design Course Pdf, Information Poster Template Ks2, Shop Dixi Necklace, Red Silo Coffee Roasters Ephrata Wa, Rodney Rowland Legacies, 4jg2 Engine Parts, Safco Plan Racks, City Of Brampton Careers, Nhl Goal Horns, Gorilla Glue Arrow Inserts, Positive Deviance Examples, Gardens By The Bay Egg Light Show, Lol Surprise Baby Steps Checklist, Paul And Chris Weitz Movies 1999, Reload Festival 2019, Toyota Plaza Service Center, Brno Circuit Map, How To Recycle In The Workplace, Bloodrayne 2 Gameplay, Ape Auto For Rent In Bangalore, Target Acquired Sound Effect, Chaminade Basketball Schedule 2019, Tzu-wei Lin Reddit, The W Scottsdale Bar, Sustainable Development In Uae, Assassination Games Trailer, Toledo Time Zone, Prime Rate Drop, Poopsie Slime Surprise Donuts Target, Social Studies Videos For Kids, Dji Livox Mid-40, Arabic Lullaby Yalla Tnam, Simon Nash Linkedin, Cheers Vilseck Number, Isuzu East Africa Salaries, Lake Asbury Park, Dr Stuart Gordon Gastroenterology, Thorlabs Cage Adapter, Feeding Frenzy Game, Allen Iverson Defense, Configure Ssl For Sonarqube On Linux, Bat Mech Lego, Johnny Bench Items, Rainfall Analysis Pdf, LOL Doll Missing Clothes,