Morocco Grants First ESCO Authorization to Boost Energy Efficiency
Doha – Morocco's Ministry of Energy Transition and Sustainable Development has issued the country's first Energy Services Company (ESCO) authorization. This development implements Decree No. 2-24-153, applying Law No. 47-09 on energy efficiency published in the Official Bulletin last November.
This authorization represents an important step in operationalizing the regulatory framework for energy efficiency. It builds on the ministry's ongoing efforts, including the decree on accreditation of organizations responsible for mandatory energy audits, which has already authorized 25 companies.
ESCOs are a new generation of energy specialists designed to transform how buildings and facilities manage energy consumption.
These companies provide comprehensive services, including energy audits, system design, implementation of efficiency measures, and ongoing monitoring.
Their business model centers on energy performance contracts where payment is directly linked to actual energy savings achieved, reducing financial risk for clients.
Through these performance-based contracts that connect ESCOs to their clients through measurable targets, these companies will actively work to cut energy consumption and optimize usage across various sectors including industrial, commercial, and residential buildings.
Through energy performance contracts that bind ESCOs to their clients based on measurable objectives, these companies will actively help reduce energy consumption and optimize usage across various sectors.
Energy efficiency is now recognized as a major driver of job creation in the sector. New careers are emerging, ranging from energy maintenance to home automation.
This new regulatory framework aims to foster the development of a national ecosystem of specialized companies while promoting skills training and creating high-value economic opportunities.
The Ministry reaffirmed its commitment to supporting any company wishing to join this ecosystem and contribute to building a more sustainable and energy-efficient economy. Tags: Energy Services CompanyEnergy transitionESCO
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