to the rest of the world as well. here s the problem. at the moment, morocco depends on imports for 90% of its energy needs. that includes, well, electricity as well as other things such as fuel for vehicles, and most of that is dirty fossilfuels. morocco s energy transformation, it has to be said, it s been happening at quite a pace over the last few years but it needs to get faster still if it s to meet its ambitious targets. so i pulled together some of the country s leading thinkers to find out what happens next. so with me now is moundir zniber, the big boss of gaia energy it s the largest renewables company in morocco but also a company that develops wind, solar and green hydrogen developments across africa. alsojoining us, moez cherif, the leader energy expert for the region at the world bank. and last but certainly not least, hajar khamlichi, an activist with the mediterranean youth climate network, also board member for the moroccan alliance for climate and sustainable d
we have another project that gaia is developing that could provide 4% of all italy s energy needs, electricity needs. and in terms of green hydrogen, we have six projects our company is developing that could answer to 25% of the needs of the eu. what really puzzled me was morocco had great ambitions to provide over 50% electricity from renewables and then start shipping to europe and you re like, well, hang on, why don t you have 100% at home first, any surplus ship? what is the business sense behind that? of course there is a huge business sense. you delocalise and you bring a huge industry and huge investment to the country. it has huge benefits for everyone. you create jobs. if you have an uptake from say a very large consumer in europe that is bankable in 25 years, you can easily finance your project and then maybe a part you can ship to morocco, but even the industries in morocco are not ready to consume green hydrogen so i don t think we should confuse that. we could do both, it
StockNews.com began coverage on shares of Gaia (NASDAQ:GAIA – Get Rating) in a research note released on Tuesday. The firm issued a buy rating on the stock. Gaia Stock Performance Shares of Gaia stock opened at $2.52 on Tuesday. The business’s fifty day simple moving average is $2.92 and its 200 day simple moving average […]
of its energy needs. that includes, well, electricity as well as other things such as fuel for vehicles, and most of that is dirty fossil fuels. morocco s energy transformation, it has to be said, it s been happening at quite a pace over the last few years but it needs to get faster still if it s to meet its ambitious targets. so i pulled together some of the country s leading thinkers to find out what happens next. so with me now is moundir zniber, the big boss of gaia energy it s the largest renewables company in morocco but also a company that develops wind, solar and green hydrogen developments across africa. alsojoining us, the leader energy expert for the region at the world bank. and last but certainly not least, an activist with the mediterranean youth climate network, also board member for the moroccan alliance for climate and sustainable development.
While some cities are moving away from this type of tourism, others are actively preparing for it. For example, Porto, Portugal's second-largest city, is