Click here for search results
Economics of transiting to renewable energy in Morocco : a general equilibrium analysis, Volume 1
Author:Timilsina, Govinda R.; Landis, Florian; Country:Morocco;
Date Stored:2014/06/24Document Date:2014/06/01
Document Type:Policy Research Working PaperSubTopics:Energy Production and Transportation; Environment and Energy Efficiency; Energy and Environment; Energy Demand; Climate Change Mitigation and Green House Gases
Language:EnglishMajor Sector:Energy and mining
Rel. Proj ID:1W-Linking Bottom-Up And Top-Down Models For Assessing Economy-Wid -- -- P133056;Region:Middle East and North Africa
Report Number:WPS6940Sub Sectors:General energy sector; Hydropower; Other Renewable Energy
Collection Title:Policy Research working paper ; no. WPS 6940Paper is funded by the Knowledge for Change Program (KCP)TF No/Name:TF012996-KCP II - Linking bottom-up and top-down models for assessing economy-wi
Volume No:1  

Summary: Morocco has set an ambitious target of supplying 42 percent of electricity through renewable sources, 14 percent each through hydro, wind, and solar, by 2020. To analyze the economic and environmental implications of implementing this target, this study uses a dynamic computable general equilibrium model with foresight that includes explicit representation of various electricity generation technologies. Two types of policy instruments, a production subsidy financed through fossil fuel taxation and a renewable energy mandate financed through increased electricity prices, have been considered to attract investment in renewable energy. The study shows that meeting the renewable target would achieve up to 15 percent reduction of national greenhouse gas emissions in 2020 compared with a situation in the absence of the target, or the baseline. However, meeting the target would decrease household consumption of goods and services, thereby worsening household welfare. The study also shows that the renewable production subsidy financed through fossil fuel taxation is superior to the mandate policy to meet the renewable energy target in Morocco, as the former would cause a lower loss in economic welfare and a larger reduction of greenhouse gas emissions than the latter.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 29 pagesOfficial version*2.03 (approx.)
TextText version**
How To Order

See documents related to this project
* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: