Empirical evaluation of the socio-economic impacts of renewable energies in Morocco by 2035: An input-output model

Abstract

The objective of the study is to identify scenarios relating to solar and wind renewable energy technologies by 2035 in Morocco, and to simulate their socio-economic effects (GDP, Value added by sector and employment). This consists in calculating the effect of these scenarios in comparison with a trend scenario that extends recent developments and takes into account the industrial integration policy already decided on both solar and wind technologies. The methodology applied is based on a dynamic Input-Output (IO) model. Three simulation sce- narios are discussed in this study for the assessment of the socio-economic impacts of con- centrated solar power, photovoltaic and wind energy on the Moroccan economy during the period 2020-2035. Also, a comparative analysis between the scenarios developed and the tar- gets indicated in the national strategies, in terms of economic and job creation indicators, reveals a significant potential in terms of job creation and value added.