EXCHANGES 2023

Morocco and Andorra

Information based on provisional data as of January 2024

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The balance of scheduled exchanges with Morocco is once again an exporter, with a value of 1,853 GWh, compared to 1,438 GWh registered last year. The net balance is exporting in all months. The total volume of energy exchanged was 2,646 GWh, 31.8 % higher than that of last year, but far from the all-time maximum volume recorded in 2014 (5,835 GWh).

The average utilisation of the capacity of this interconnection continued to stand at 57 % in the export direction, higher than the 50 % reached the previous year. In the import direction, the average utilisation was 18 %, higher than the 13 % recorded in 2022. This year, the interconnection was used 75 % of hours, compared to 63 % on 2022.

The average two-way utilisation of the interconnection flow in 2023 was 47.5 %, while the average two-way utilisation in 2022 was 43.9 %. If only scheduled days are taken into account, the average utilisation rate in 2023 was 73.3 %, the same as in 2022.

In 2023, the interconnection was not congested at any time in the import direction, while in the export direction it was congested for 115 h, with February and October reaching the maximum monthly hours of congestion (37 and 21 h, respectively), while April and May only recorded one hour of congestion.

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

The reductions in exchange capacity in this interconnection were due to the unavailability of one of the two links that compose this interconnection or of a feeder line. The export capacity fluctuated much more than the import capacity, with the latter being zero for 14 % of hours and reduced for 45 % of hours.

This year, more energy is again scheduled in the day-ahead market (77.9 %) than in the day-ahead market.

The scheduled balance in the interconnection with Andorra has been an exporter balance, with a value of 240 GWh, which represents a decrease of 15.9 % compared to 2022. The average use of capacity in the export direction was 22.5 %, compared to 26.8 % last year.

Exchange capacity and net balance of scheduled exchanges in the interconnection with Andorra 2023

Monthly invoicing for access tolls to the Moroccan interconnection recorded a total income of 15.2 million euros, a 35.3 % higher than the value of the previous year, while access tolls to the Andorran interconnection recorded a total income of 1.4 million euros, 19.1 % lower than the figure for the previous year.

Access tolls in Morocco and Andorra

€ Million

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