In 2020, TAQA Morocco recorded a consolidated revenue of MAD 7,789 Mn down -14.6%. This is mainly explained by the -24.1% drop in energy costs following the decline in international coal prices (i.e. -17.0% in 2020). In parallel, the operator’s power costs fell by -7.0% during the same period to MAD 3,949 Mn.
In addition, it should be noted that the overall availability rate of Units 1 to 6 reached a record level in 2020, i.e. 95.2% versus 92.9% in 2019.
