EXCHANGES

Morocco and Andorra

Information based on provisional data from 8 April, 2022
exchanges
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The annual balance of the scheduled exchanges with Morocco was again as an importer this year, with a value of 182 GWh, compared to 298 GWh exported last year. The months of February, July to September and November showed a net balance as an exporter, while the rest of the months the net balance is as an importer. The total volume of energy exchanged was 772 GWh, 11.7 % more than last year, but far from the values of other years.

The daily interconnection exchange capacity with Morocco in 2021 was only congested for 2 hours in the import direction (capacity reduced to 400 MW), while in the previous year the interconnection was not congested at any time, and in 2019 it was congested for 18 hours in the import direction and for 12 hours in the export direction.

The reductions in the exchange capacity through this cross-border connection were due to the non-availability of one of the two links that make up this interconnection that had a significant impact on exchange capacity. For 287 hours (3.3 % of the hours) the exchange capacity was 0 MW due to the unavailability of both links. In 1,607 hours (18.3 % of the hours) the capacity on this interconnection was limited to 400 MW in both directions, as one of the circuits was inoperative.

Although the energy traded through this interconnection was slightly higher than last year, there was a significant reduction compared to previous years, which shows that Morocco is becoming more and more self-sufficient, with a consequent reduction in the energy traded through this border.

Exchange capacity and net balance of scheduled exchanges in the interconnection with Morocco

GWh

The annual balance of the electricity exchanges scheduled in the interconnection with Andorra was as an exporter, with a value of 225 GWh, which represented an increase of 15.1 % with respect to 2020. The average utilisation rate of the exchange capacity of this interconnection in the export direction was 17.9 % compared to 18.5 % the previous year.

Exchange capacity and net balance of scheduled exchanges in the interconnection with Andorra

GWh

In Morocco it can be clearly seen how a greater volume of energy has usually been managed in the intraday market, although in the first years shown in the table, the IM values ranged between 40-60 %; in 2018 it changed, with just over 70 % of the energy traded in the intraday market; in 2019 it was 90 %, in 2020 there was 100 % traded in this market and in 2021 the value stood at 97 %.

The monthly invoicing of access tolls for the Moroccan interconnection registered a total income of 4.1 million euros, 8.5 % lower than last year's value.

Monthly invoicing for access tolls for the Andorran interconnection totalled 1.6 million euros, 35.5 % higher than the previous year.

Access Tolls for Morocco (IME) and Andorra (IAE

€ Millions

Accumulated 2021: 5.7 M€
(↑1 % r/ same period last year).

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