MEDREG 20th general assembly paves the way for stable and integrated Mediterranean energy markets
December 4, 2015
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The EU-supported Mediterranean Energy Regulators’ Association (MEDREG) has held its General Assembly (GA) in Tirana, at which 6 working group reports were approved.
The GA approved a comprehensive review of the results performed by the Association in the last 2 years in the overall framework of the evolution of the Mediterranean energy sector. Fact-findings from the document include several steps forward made at national level:
·The process of establishment of the Moroccan electricity regulator and the Egyptian gas regulator is advancing;
·Reinforcement of institutional cooperation with Euro-Mediterranean energy stakeholders;
·Enhancement of knowledge about good regulatory principles and practice among Southern shore members.
During the Assembly, MEDREG also presented and discussed two important results that will shape future activities:
·Cooperation between MEDREG and the Association of Mediterranean Transmission System Operators (Med-TSO) in the framework of the Euro-Med Platforms
·Mediterranean Financial Sounding Panel for Energy Regulation (Med-FPE), approved by MEDGREG to increase interactions with international financial institutions (IFIs) active in the Mediterranean energy sector.
MEDREG is an Association that brings together energy regulators of 21 countries around the Mediterranean in order to promote a clear, stable and harmonised legal and regulatory framework through a continuous cooperation among the Northern, Southern and Eastern shores of the Mediterranean basin. MEDREG benefits from the support of the European Union and of the Council of European Energy Regulators (CEER). (EU Neighbourhood Info)