Presentazione Unido MASEN Agenzia Marocchina per l'Energia Solare

11

Moroccan Integrated Solar Plan

April 24th, 2012

Conférence de presse xx janvier 2011

Towards Renewable Energies

National Strategy


Renewable within the National Energy Strategy

Proactive approach for a sustainable growth

Energy demand growth

Will to increase the energy independence

Promotion of the renewable energies

Environmental vision

Sound long-term energy supply

Choice of cleaner development

&Energy vision

3


Macro-economic background

Sustainable economic growth

Doubling Energy Demand

Energy consumption, increasing demand

x2 by 2020 and x4 by 2030

Willingness to increase energy independence

Limiting import (today 95%)

13 2

65

13 9

42

14 8

04

15 5

40

16 7

79

17 9

46

19 5

18

21 1

05

22 6

08

24 0

04

25 0

09

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

6,5%

Increase of the household

demand (in GWh)

Total installed capacity increase(today 6150 MW)

Support the development of the multiple sectorial initiatives:

(Plan Emergence, Offshoring,…)


Increase the portion of REN in the Energy Mix

5

− RE : 42%− Solar : 14%

Coal37%

Fioul24%

Gas7%

Hydro24%

Wind2%

2008

2020

Coal26%

Fioul14%

Gas11%

Solar14%

Hydro14%

Wind14%

Autres7%

An economy of 3,7 million tons of CO2 a year planned thanks to the solar energy

6

Lead by Masen, First projects under way

Moroccan Solar Plan

77

TrainingR&D

Industrial Integration

Valuation of a unique resource

An Integrated and Multi-dimensional Vision

2,000 MW

By 2020

Morocco

Europe

World (CO2)

Opportunity to create competitive

industries and services

CO2 emissions to be avoided add up to 3.7

Mt per year

Conférence de presse xx janvier 2011 8

MASEN’s Missions

Contributing to the development of local expertise

Developing solar power plants

Acting as a triggerat national and

international scales

State-MASEN ONE-MASEN– Modalities, technical requirements and

mechanisms designed to ensure financial balance of each project throughout the realization of the solar plan

– Rules and terms for the supply, transportation, and the commercialization of the electric power produced

…supported by 2 conventions which seal MASEN’s relations with the State and ONE (Office National de l’Electricité)

Masen, joint stock company, established in March 2010


The First Project within the Moroccan Solar Plan

The Ouarzazate Complex


The Ouarzazate Complex: 500 MW by 2015

Ouarzazate

Annual direct solar

radiation

Site

Mansour Eddahbi Lake

Ouarzazate City

500 MW

Multiple phases

Phase 1 : between 125 and 160 MWCSP Parabolic Trough technology

3 hours Storage

Phase 2: 340 MW of CSP and PV technologies

Research & Development platform

+

https://mail.google.com/mail/?ui=1&view=att&th=127e3b5e39469a96&attid=0.3&disp=inline&zw


Wide Adherence to the Project and its Structure

Developers

International Financial Institutions

Expression of Interest Stage

Pre-qualifying stage

– 200 company bids– Strong international

presence– Value chain covered

– 19 candidates have responded

– 4 qualified

Exchange and Analysis already engaged

Multilateral Development Banks

Bilateral Development Banks

Many institutions have already expressedtheir interest to participate in thefinancing of the Ouarzazate Program

Local stakeholders and population

Consultation meetings

– Rationale well understood– Strong support– Positive impact expected at

different levels


Numerous Opportunities

For Private Players, Multiple Drivers

Conférence de presse xx janvier 2011 q 13

Well – Adapted IPP scheme

Independent Power Producer (IPP)

Design MaintenanceFinancing OperationConstruction

Development of the first phase of OZZ Complex

Room for maneuver tailored to developers and industrial players

Commercial Financing to be useful in the medium term

Business OpportunitiesFinancing and Investment

Opportunities

+++ MW2 000 MW500 MW

Scheme to be reproduced …

Masen - Nasdaq

Attractive Conditions for Local Industrial Development

14

Industry development, a pre-requisite for the overall success of this program

GDP growth and job creation Technical skills and collaboration

Optimisation of the local value add for a competitive industry

Creation or development of national institutions or programs at different

levels of the solar value chain

Two objectives

Masen - Nasdaq

Attractive Conditions for Local Industrial Development

15

General Measures : common law

Exemptions granted to companies making a significant investment in Morocco

Dedicated Measures : Renewable Offer and Masen Tenders

Land Acquisition

Off-site Infrastructures

Training contribution

Taxes reduction

Progressive and specific measures over the course of the tender process and during the selection of solar power project developers

− First implementation in the first phase Ouarzazate

R&D and training are also valuable assets


Conclusion

Win-win shared vision on an accelerating green growth sector

Power Plants Development

Industrialacceleration

Financing andInvestment


Thank youfor your attention

Technology

Presentazione Unido MASEN Agenzia Marocchina per l'Energia Solare