The future of energy cooperation in the Mediterranean was highlighted during a conference on MEDREG’s support to energy regulatory reforms in the Southern Mediterranean on 19 September 2019 in Brussels.
The president of the Association of Mediterranean Energy Regulators, which gathers 27 energy regulators from 22 countries, including EU and Balkan countries, Turkey, Algeria, Egypt, Israel, Jordan and Morocco, Gülefsan Demirbas, recalled that in 2018 MEDREG launched an initiative to facilitate ongoing and forthcoming energy reforms in the Southern and Eastern countries of the Mediterranean region.
Ingrid Schwaiger, Deputy Head of Unit, Regional Programs Neighbourhood South (DG NEAR) of the European Commission, confirmed that European interests for economic development and technical convergence indeed coincide with those of the Mediterranean neighbours.
Schwaiger said the action of MEDREG is essential for future relations with the Mediterranean neighbours. Ms. Scwaiger stressed that if, as the new Commission’s political line states, we want to achieve climate neutrality by 2050, Europe must cooperate with its closest neighbours.
MEDREG has been developing a framework to support regulatory reforms adapted to the needs of members such as information exchange, study visits and training for regulators. For example, MEDREG assisted the Algerian energy regulator Regulatory Commission of Electricity and Gas (CREG) in developing a methodology for estimating the prices of electricity generated from renewable energy sources (RES).