Med-TSO at 2019 UfM Energy Platforms Annual Meeting

The first day of the UfM Energy Platforms Annual Meeting took place on 29 January, at the Union for the Mediterranean (UfM) premises in Barcelona (Spain).

The Secretary General of Med-TSO, Angelo Ferrante, opened the session dedicated to the UfM Regional Electricity Market (REM) Platform, presenting the recently delivered Med-TSO’s “Mediterranean Masterplan for the development of the transmission grid”.

The Mediterranean Masterplan of Interconnections defines the feasibility of 14 main interconnection projects between regional electric systems and the necessary internal reinforcements to guarantee proper security standards. It is one of the most important deliverables of Med-TSO’s “Mediterranean Project 1”, a three-year project funded by the European Union and concluded last April 2018, whose outcomes are available here.

Med-TSO is one of the main stakeholders of the UfM REM Platform, working together with Medreg, the Association of Mediterranean Energy Regulators. This platform aims at the progressive integration of energy systems and energy markets in the UfM region and, in particular, at the enhancement of electricity exchanges and interconnections.

The REM platform was established in March 2015, in parallel with the “Renewable Energy and Energy Efficiency (REEE) Platform” and the “Gas Platform”: through these initiatives, the UfM, recognizing the importance of addressing energy challenges, decided to strengthen its role as a platform for UfM Members, financial institutions, regional organizations, industrial enterprises and experts working towards the enhancement of synergies in the fields of renewable energies and energy efficiency, integration of electricity markets and gas in the Mediterranean region.