The North Africa Post
Morocco topped the list of electricity suppliers to Spain in 2018 with 2088GW per hour, Spanish institute Red Eléctrica de España said.
The institute said that 76% of electricity trade flows on the border were taken by Morocco while the remaining 24% by Spain.
Morocco and Spain will further boost their electric connectivity with a third link that will have a capacity of 700MW bringing the combined commercial capacity of all links to 1500 MW.
An agreement was signed in that regard earlier this year at a ceremony in Rabat chaired by King Mohammed VI and his guest King Felipe V of Spain.
Feasibility studies will be conducted by the Spanish grid operator and its Moroccan counterpart ONEE while the cost would amount to $150 million, shared equally between the two countries.
The interconnection could bring in revenues of €140 million to the Spanish electricity system, gained from tolls and congestion rent since an auction system for the management of the exchange capacity could be implemented.
POSTED BY NORTH AFRICA POST
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