Publication:
Economics of Transiting to Renewable Energy in Morocco : A General Equilibrium Analysis

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dc.contributor.authorTimilsina, Govinda R.
dc.contributor.authorLandis, Florian
dc.date.accessioned2014-06-30T16:53:59Z
dc.date.available2014-06-30T16:53:59Z
dc.date.issued2014-06
dc.description.abstractMorocco has set an ambitious target of supplying 42 percent of electricity through renewable sources, 14 percent each through hydro, wind, and solar, by 2020. To analyze the economic and environmental implications of implementing this target, this study uses a dynamic computable general equilibrium model with foresight that includes explicit representation of various electricity generation technologies. Two types of policy instruments, a production subsidy financed through fossil fuel taxation and a renewable energy mandate financed through increased electricity prices, have been considered to attract investment in renewable energy. The study shows that meeting the renewable target would achieve up to 15 percent reduction of national greenhouse gas emissions in 2020 compared with a situation in the absence of the target, or the baseline. However, meeting the target would decrease household consumption of goods and services, thereby worsening household welfare. The study also shows that the renewable production subsidy financed through fossil fuel taxation is superior to the mandate policy to meet the renewable energy target in Morocco, as the former would cause a lower loss in economic welfare and a larger reduction of greenhouse gas emissions than the latter.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/19705743/economics-transiting-renewable-energy-morocco-general-equilibrium-analysis-economics-transiting-renewable-energy-morocco-general-equilibrium-analysis
dc.identifier.doi10.1596/1813-9450-6940
dc.identifier.urihttps://hdl.handle.net/10986/18828
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6940
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAIR
dc.subjectAIR POLLUTANTS
dc.subjectAPPROACH
dc.subjectBALANCE
dc.subjectBUTANE
dc.subjectCAPACITY INVESTMENTS
dc.subjectCARBON
dc.subjectCARBON TAX
dc.subjectCHEMICAL INDUSTRY
dc.subjectCHEMICALS
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE CHANGE MITIGATION
dc.subjectCLIMATE CHANGE MITIGATION POLICIES
dc.subjectCLIMATE POLICY
dc.subjectCO2
dc.subjectCOAL
dc.subjectCOAL MINING
dc.subjectCOMBUSTION
dc.subjectCOMBUSTION EMISSIONS
dc.subjectCOMPETITIVE ELECTRICITY
dc.subjectCOMPUTABLE GENERAL EQUILIBRIUM MODEL
dc.subjectCONSTRUCTION COST
dc.subjectCONVENTIONAL POWER PLANTS
dc.subjectCOOKING
dc.subjectCOST OF ELECTRICITY
dc.subjectCRUDE OIL
dc.subjectDIESEL
dc.subjectECOLOGICAL ECONOMICS
dc.subjectELECTRIC GRID
dc.subjectELECTRIC POWER
dc.subjectELECTRICITY
dc.subjectELECTRICITY CONSUMPTION
dc.subjectELECTRICITY COSTS
dc.subjectELECTRICITY DEMAND
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY GENERATION TECHNOLOGIES
dc.subjectELECTRICITY PRICE
dc.subjectELECTRICITY PRICES
dc.subjectELECTRICITY PRODUCTION
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY SUPPLY
dc.subjectELECTRICITY UTILITIES
dc.subjectEMISSION
dc.subjectEMISSION REDUCTION
dc.subjectEMISSIONS DATA
dc.subjectEMISSIONS PREDICTION
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY DEMAND
dc.subjectENERGY ECONOMICS
dc.subjectENERGY MIX
dc.subjectENERGY POLICY ANALYSIS
dc.subjectENERGY RESOURCES
dc.subjectENERGY SCENARIOS
dc.subjectENERGY SOURCES
dc.subjectENERGY SUPPLY
dc.subjectENVIRONMENTAL IMPLICATIONS
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectFOREST
dc.subjectFOREST PRODUCTS
dc.subjectFOREST SECTOR
dc.subjectFORESTRY
dc.subjectFOSSIL
dc.subjectFOSSIL ENERGY
dc.subjectFOSSIL FUEL
dc.subjectFOSSIL FUEL COUNTERPARTS
dc.subjectFOSSIL FUEL TECHNOLOGIES
dc.subjectFOSSIL FUELS
dc.subjectFUEL COMBUSTION
dc.subjectFUEL COSTS
dc.subjectFUEL FOR POWER GENERATION
dc.subjectGASOLINE
dc.subjectGENERATING CAPACITY
dc.subjectGHG
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGROSS OUTPUT
dc.subjectHOUSEHOLD DEMAND
dc.subjectHYDRO POWER
dc.subjectHYDRO POWER PLANTS
dc.subjectHYDROPOWER
dc.subjectIMPORTS OF PETROLEUM
dc.subjectINCOME
dc.subjectINTERNATIONAL ENERGY AGENCY
dc.subjectMARGINAL COST OF ELECTRICITY
dc.subjectMETALS
dc.subjectNATIONAL GRID
dc.subjectNATURAL GAS
dc.subjectNEGATIVE IMPACTS
dc.subjectOIL
dc.subjectOIL REFINERY
dc.subjectPETROLEUM
dc.subjectPETROLEUM PRICES
dc.subjectPETROLEUM PRODUCTS
dc.subjectPETROLEUM REFINING
dc.subjectPOWER
dc.subjectPOWER GENERATION
dc.subjectPOWER GENERATION CAPACITY
dc.subjectPOWER GENERATION TECHNOLOGIES
dc.subjectPOWER PLANT
dc.subjectPOWER PRODUCERS
dc.subjectPOWER SECTOR
dc.subjectPOWER SOURCES
dc.subjectPOWER STATION
dc.subjectPOWER SUPPLY
dc.subjectPRICE OF ELECTRICITY
dc.subjectPRODUCTION COSTS
dc.subjectPROPANE
dc.subjectRENEWABLE ELECTRICITY
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY DEVELOPMENT
dc.subjectRENEWABLE ENERGY GENERATION
dc.subjectRENEWABLE ENERGY POLICY
dc.subjectRENEWABLE ENERGY POTENTIAL
dc.subjectRENEWABLE ENERGY RESOURCES
dc.subjectRENEWABLE ENERGY SOURCES
dc.subjectRENEWABLE ENERGY TECHNOLOGIES
dc.subjectRENEWABLE POWER
dc.subjectRENEWABLE PRODUCTION
dc.subjectRENEWABLE SOURCE
dc.subjectRENEWABLE SOURCES
dc.subjectRENEWABLE TECHNOLOGIES
dc.subjectRETAIL ELECTRICITY
dc.subjectSOLAR ENERGY
dc.subjectSOLAR POWER
dc.subjectSUGARCANE
dc.subjectSUPPLY COSTS
dc.subjectSUSTAINABLE ENERGY
dc.subjectTAX RATE
dc.subjectTOTAL ELECTRICITY GENERATION
dc.subjectTOTAL ELECTRICITY PRODUCTION
dc.subjectTRANSMISSION CAPACITY
dc.subjectWELFARE FUNCTION
dc.subjectWELFARE LOSS
dc.subjectWELFARE LOSSES
dc.subjectWIND
dc.subjectWIND POWER
dc.subjectWIND RESOURCES
dc.titleEconomics of Transiting to Renewable Energy in Morocco : A General Equilibrium Analysisen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crossref.titleEconomics of Transiting to Renewable Energy in Morocco: A General Equilibrium Analysis
okr.date.disclosure2014-06-15
okr.date.doiregistration2025-04-10T11:15:54.650959Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/06/19705743/economics-transiting-renewable-energy-morocco-general-equilibrium-analysis-economics-transiting-renewable-energy-morocco-general-equilibrium-analysis
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeEnergy and Extractives
okr.globalpracticeEnergy and Extractives
okr.guid177441468062116252
okr.identifier.doi10.1596/1813-9450-6940
okr.identifier.externaldocumentum000158349_20140624105237
okr.identifier.internaldocumentum19705743
okr.identifier.reportWPS6940
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/24/000158349_20140624105237/Rendered/PDF/WPS6940.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryMorocco
okr.sectorEnergy and mining :: Power
okr.sectorEnergy and mining :: Renewable energy
okr.sectorEnergy and mining :: General energy sector
okr.themeEconomic management :: Economic statistics, modeling and forecasting
okr.themeEnvironment and natural resources management :: Climate change
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnergy::Energy Demand
okr.topicEnergy::Energy Production and Transportation
okr.topicEnergy::Energy and Environment
okr.topicEnvironment::Environment and Energy Efficiency
okr.unitEnvironment and Energy Team, Development Research Group (DECEE)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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