How to harmonize and strengthen the electricity market in the Mediterranean Region

Moncef Harrabi Med-TSO/STEG – Angelo Ferrante Med-TSO – Huges Belin journalist – Dominique Ristori DG ENER – Claude Turnes ITRE

The results of 3 years of work of the “Mediterranean Project” at the Med-TSO conference in the European Parliament

Med-TSO, the Association of the Mediterranean Transmission System Operators for electricity, presented the results after 3 years of Mediterranean Project at the European Parliament during the conference: “Towards a future Secure and Sustainable Electricity Infrastructure in the Mediterranean Region”.

The Project has identified and assessed 14 interconnection projects, corresponding to about 18GW of new interconnection capacity, requiring grid reinforcements for about 2,200 Km of new HV lines and 840 km of lines reconductoring. The estimated additional investments count for about 16,000 million euros.

The conference was hosted by the Member of the European Parliament Simona BONAFÈ and with the keynote speechs by: Gilles PARGNEAUX – Member of the European Parliament and Vice-Chair of the Delegation for relations with the Mashreq countries, José BLANCO LOPEZ – Member of the European Parliament and European Parliament’s Industry, Research and Energy Committee (ITRE), Michael KOEHLER – Director Neighbourhood South, Directorate-General for Development Cooperation (DG NEAR).

146 experts engaged, with 3.22 million euro of budget co-financed by the European Union, the Project started in 2015 and has pursued the main objective to promote the progressive integration of electricity Power system of the two Mediterranean shores, aiming at the progressive harmonization and strengthening of the electricity markets in the Mediterranean Region.

During the event, Med-TSO discussed the results in relation with the stakeholders and looking forward the new challenges. Different actions have been part of this project: the development a Mediterranean electricity master plan and the definition of a map of the transmission grid; the definition of a set of rules as a basis for a regional grid code; the optimization of the International electricity exchanges and the creation of a Mediterranean database.

“We are really proud about these first three years of work” said Angelo Ferrante Secretary General of Med-TSO. “Now we are focused to finalize the Mediterranean Project with the collaboration of EU”.

The Project outcomes could be helpful for 500 million of consumers living in the 18 countries of the Med-TSO area.

Here is possible to see the booklet about these first 3 years of project

Look at the pictures of today in our Facebook album

See the live streaming here