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Table 3 Model results for annual system costs and LCOE in 2050 across the four scenarios

From: Morocco’s sustainable energy transition and the role of financing costs: a participatory electricity system modeling approach

  Scenario 1 Scenario 2 Scenario 3 Scenario 4
Market Best case Market Best case Market Best case Market Best case
System costs in 2050 Million € (2015) 12,485 10,767 14,510 12,015 14,147 12,135 12,274 10,688
 RES-E Million € (2015) 8560 7090 11,954 9838 6880 5215 8428 7071
  Wind power Million € (2015) 4101 3559 5270 4574 1178 1022 4685 4066
  Solar PV Million € (2015) 1310 947 2625 1899 4380 3168 871 630
  Reservoir hydro Million € (2015) 426 356 389 326 503 419 423 354
  Biomass Million € (2015) 1623 1423 2570 2236 81 67 1607 1406
  CSP Million € (2015) 1100 805 1100 805 739 539 842 615
 Conventional Million € (2015) 2953 2889 887 824 5744 5680 3001 2934
  Hard coal Million € (2015) 1635 1616 481 463 2265 2247 1822 1800
  Natural gas Million € (2015) 1001 965 361 326 2702 2666 912 876
  Oil Million € (2015) 317 308 44 35 776 767 267 258
 Storage Million € (2015) 936 758 1627 1318 1491 1214 810 655
 Transmission grid Million € (2015) 37 30 42 34 32 26 35 28
System cost reduction %   − 14%   − 17%   − 14%   − 13%
LCOE in 2050 Ct./kWh 7.23 6.24 8.41 6.96 8.20 7.03 7.11 6.19
LCOE cost reduction %   − 14%   − 17%   − 14%   − 13%
CO2 emissions in 2050 Mt/a 13 13 0 0 28 28 13 13