Assessing Green Hydrogen Trade Potential Between Morocco and the European Union

Details

Supervisors

Defraigne, Jean-Christophe

Faculty

Louvain School of Management

Degree label

Master de spécialisation en entreprises et politiques économiques européennes

Abstract

The planned green hydrogen commerce between Morocco and the European Union (EU) represents a significant stride in the global energy revolution. Leveraging its abundant solar and wind resources, Morocco aims to produce green hydrogen for export to the EU, aligning strategically with the European Green Deal's renewable energy and decarbonization objectives. This partnership not only addresses the EU's ambitious renewable energy goals but also positions Morocco as a key player in the burgeoning green energy industry, promising breakthroughs in infrastructure, technology, and economic development. The collaboration holds mutual benefits for both parties. The EU stands to enhance its energy security and resilience by incorporating Moroccan green hydrogen into its energy mix, aligning with its commitment to renewable energy and carbon neutrality. However, the realization of this initiative faces obstacles, including technological viability, cost-effectiveness, and infrastructural challenges. This study aims to assess the feasibility, implications, and challenges of establishing a green hydrogen trade between Morocco and the EU, delving into technical, economic, and political dimensions. The research questions focus on the technological requirements, infrastructure needs, and cost-effectiveness of green hydrogen production in Morocco, as well as the economic and socio-economic benefits for both parties. Additionally, the study explores how political dynamics, stakeholder interests, and regulatory frameworks influence the feasibility and implementation of the Morocco-EU green hydrogen trade project. Addressing these questions will contribute valuable insights to the ongoing discourse on the transition to sustainable and decarbonized energy systems.