MEDREG advocates Regulatory Cooperation for the Energy transition in the Mediterranean

March 14, 2024
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MEDREG participated in a conference titled “Transitioning Energy in the Mediterranean”, jointly organised by the Organisation Méditerranéenne de l’Energie et du Climat (OMEC) and the Italian National Committee of the World Energy Council (WEC Italy), in collaboration with Edison.

 

 

As the current geopolitical crisis is affecting energy markets at the global level, the Euro-Mediterranean region finds itself once again at the centre of ongoing energy dynamics, pushing energy to the forefront of governments and industry agendas and highlighting the need for a concerted and effective response.

 

 

The meeting enabled MEDREG to deepen issues related to energy transition and security in the Mediterranean region together with high level institutional representatives, international organisations and energy stakeholders from the region.

 

 

Taking part in the high-level dialogue session, MEDREG President Abdellatif Bardach, also President of the Moroccan National Electricity Regulatory Authority (ANRE) highlighted the importance of interconnections and interoperability of the systems, requiring a Mediterranean grid code setting the minimum criterion for it. Recalling the potential of our region’s sun and wind to having a clean energy market, he invited countries to embrace these renewable options, which require adjustments to the regulatory framework. According to him, regulations are not only necessary to ensure grid stability and fair competition, but they can also actively incentivise and facilitate the integration of these new sources.

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Countries covered:

  • Algeria
  • Egypt
  • Israel
  • Jordan
  • Lebanon
  • Libya
  • Morocco
  • Palestine *
  • Syria *
  • Tunisia