Rabat - A study published by the "Policy Center" of the Chérifien Phosphates Office (OPC POLICIESTER), shows that transport and housing were Morocco's main energy consumers, using up to 59.8 percent of the total energy used in 2014.
Rabat – A study published by the “Policy Center” of the Chérifien Phosphates Office (OPC POLICIESTER), shows that transport and housing were Morocco’s main energy consumers, using up to 59.8 percent of the total energy used in 2014.
The study, titled “CO2 Emissions and Economic Growth in Morocco: Analysis of the Environmental Kuznets Curve,” revealed that transport accounted for 34.4 percent, while housing accounted for 25.4 percent of total energy consumption in 2014.
The study added that the industry sector accounted for 21 percent of the total energy consumed.The trade sector consumed 16.3 percent.
Morocco relies heavily on importing energy sources, particularly fossil fuels. This leads to unpredictable oil prices and weighs heavily on energy bills, which amounted to MAD 1.87 Billion in 2014.
However, the bill decreased by 9, 17 percent, equivalent to MAD 9.11 billion in 2016. According to the study, this decline was attributed to the decline in oil prices during 2014.
The same source pointed out that oil consumption remains the main source of CO2 emission in the country, with a ratio of 65.1 percent of the total CO2 emissions during 2014. This was followed by coal 30.4 percent and natural gas 4.5 percent.