Based on the results of Mediterranean Project 1 & Mediterranean Project 2, the European Commission has granted to Med-TSO the support for a new project to be carried out in the period 2020-2022. TEASIMED – Towards an Efficient, Adequate, Sustainable and Interconnected MEDiterranean power system, started on 1 September 2020 and it follows four working streams: Update the Mediterranean Masterplan, Consolidate the Common Target Regulatory Framework, Identify and put into operation pilot projects on selected Interconnected Electricity Exchange Zones (IEEZ), Knowledge Sharing programme.