EU extends regional energy project funding

June 25, 2018
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The Directorate-General for Neighbourhood and Enlargement Negotiations signed a new two-year grant contract to fund Med-TSO’s Mediterranean Project II. The project is the natural continuation and extension of the first Mediterranean Project which officially closed last 30 April.

Med-TSO president Moncef Harrabi claimed: “With this new project, we continue in the effort to build a power bridge between the two shores of the Mediterranean, as it is the key for the security and the sustainable development of the Mediterranean countries”.
This grant is really important for Med-TSO: once more, we were recognized for the high value of our activities and for the prominent role that our Association is playing – and I hope it will play ever more in the future – in the Mediterranean energy context and beyond,” stated Angelo Ferrante, Secretary General of Med-TSO.
The activities of the Mediterranean Project II started on 1 June 2018 and the first events already scheduled are a Workshop on Scenarios Building in Istanbul on 27-28 June and two Technical Meetings on 11-12 July in Rome.

Med-TSO is the Association of the Mediterranean Transmission System Operators (TSOs) for electricity, operating the High Voltage Transmission Networks of 19 Mediterranean Countries. It was established on 19 April 2012 in Rome as a technical platform that, using multilateral cooperation as a strategy of regional development, could facilitate the integration of the Mediterranean power systems and foster security and socio – economic development in the region. Its 21 members share the primary objective of promoting the creation of a Mediterranean energy market, ensuring its optimal functioning through the definition of common methodologies, rules and practices for optimizing the operation of the existing infrastructures and facilitating the development of new ones.

 

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Press release

Med-TSO

Countries covered:

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