Morocco's Position in the Global Energy Vulnerability Index
In light of the rapidly changing global energy market and the accompanying sharp geopolitical fluctuations, the vulnerability of several economies to supply chain disruptions and fuel price volatility has come to the forefront. Recent data reveals a concerning position for Morocco among the countries most susceptible to energy crises on a global scale.
A recent study published by "Energy World" and disseminated by the specialized platform "Energy" indicates that Morocco has secured the fourth position worldwide in the Energy Vulnerability Index, achieving a score of 74.6 out of 100 in a classification that included 75 countries. This ranking reflects the level of exposure to risks associated with energy market imbalances, with higher scores indicating greater vulnerability, in contrast to countries with more stable energy security.
The methodology employed in the study relies on several fundamental criteria, including the degree of reliance on fossil fuels, the level of energy self-sufficiency, and the volume of dependence on fuel imports. These indicators directly reveal the economy's ability to withstand external shocks.
In Morocco's case, data shows a continued dominance of fossil fuels, which constitute 90.1% of the energy mix, while the contribution from alternative and nuclear energy sources remains extremely limited at just 3.7%. This highlights a noticeable sluggishness in the actual energy transition, despite official rhetoric advocating a shift towards clean energies.
Furthermore, while Morocco has achieved a relatively high level of energy self-sufficiency at 94%, it remains highly sensitive to fluctuations in international markets, particularly with natural gas imports accounting for around 95%. This dependency places Morocco in a precarious position, closely tied to external markets for a strategic commodity directly linked to electricity production and industry.
This situation unfolds against a backdrop of global instability, where tensions associated with the U.S.-Israeli conflict regarding Iran and the closure of the Strait of Hormuz—one of the world's most significant energy transit corridors—have led to a 20% increase in oil prices since the onset of the crisis, pushing Brent crude prices beyond $116 per barrel. This surge intensifies the pressure on energy-importing countries, particularly those with fragile economies.
As reported by elayem.news.