On 30 October, Mediterranean Energy Regulators (MEDREG) joined the German Corporation for International Cooperation GmbH (GIZ) in discussing the evolution of the Moroccan energy market with the Moroccan Ministry of Energy, Mines, Water and Environment, in a conference entitled “Energy Market transformation: challenges and implication”. Held today in Rabat, the event aimed at presenting international experiences that are in line with the efforts to reform Morocco’s legislative and regulatory framework and support its ambitious low carbon energy objectives.
Opening the discussions, Mr. Karim Choukri, Head of the Renewable Energy and Energy Efficiency Department at the Moroccan Ministry of Energy, Mines, Water and Environment, recalled the structural and institutional reforms adopted by the country for the deployment of the RES market, addressing tariff, interconnexion and access to network. These reforms have already attracted private investors and should enable, in the long term, the convergence towards a Euro-Mediterranean market.
Presenting the characteristics that make a regulator successful in performing its tasks, MEDREG President Mr. Alexandre Santos (ERSE, Portugal) stated: “MEDREG’s Good Regulatory Principles provide the key prerequisites for an independent, empowered and well-functioning regulator that carries out its mission in a transparent and accountable manner”. He added that “these principles can help regulators to self-assess how close or how far they are in respecting and applying them and to define what they wish to achieve in the future.”