Mediterranean Energy Regulators facilitate sustainable energy schemes and reinforce regional cooperation

19-06-2019
Mediterranean Energy Regulators facilitate sustainable energy schemes and reinforce regional cooperation
Mediterranean Energy Regulators facilitate sustainable energy schemes and…
Copyright: MedReg

The Mediterranean Energy Regulators Association (MEDREG) held its 27th General Assembly on 18-19 June in Tirana, which was marked by a redoubling of the organisation’s efforts to promote and facilitate the deployment of sustainable support schemes for Renewable Energy Sources (RES).

MEDREG has been coordinating and multiplying initiatives to foster electricity market integration, through its tightened cooperation with Med-TSO and other stakeholders under the umbrella of the Union for the Mediterranean (UfM) Energy Platforms. The two organisations are working jointly on regulatory harmonisation, the development of common network codes and standards as well as on a concept of Mediterranean Project of Common Interest to boost infrastructure investments.

Acknowledging the valuable technical and institutional contributions of MEDREG to the UfM Energy Platforms and its Southern members, the European Commission has stated its intention to renew the EU’s financial support to the Association for the next three years.

MEDREG also reinforces partnerships and cooperation with other energy stakeholders of the region and beyond on common priorities, facilitating synergies between similar organisations.

MEDREG is the Association of Mediterranean Energy Regulators, which brings together 27 regulators from 23 countries, spanning the European Union (EU), the Balkans and North Africa. Mediterranean regulators work together to promote greater compatibility of the regional energy markets and legislation, seeking progressive market integration in the Euro-Mediterranean basin.

MEDREG promotes a transparent, stable and compatible regulatory framework in the Mediterranean Region fostering infrastructure investments, consumer protection, and enhanced energy cooperation.  Based on a bottom-up approach, MEDREG acts as a collaborative platform for regulators from the Northern and the Southern shore of the Mediterranean to exchange technical knowledge and good practices while supporting each other to reinforce their regulatory capacity.
The Association is co-funded by the European Union and benefits from the financial contribution of its members.

 

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Press release

MEDREG website