Energy | Other
In search of an EU energy policy for Mediterranean renewables exchange : EU-wide system vs. ‘corridor by corridor’ approach
14 October 2013
BY: Jean-Michel Glachant, AHNER Nicole
• To date there is no clear EU legal and regulatory framework governing renewables exchange across the Mediterranean. It is a patchwork of Member State, third country and EU energy regulation, complemented by case-sensitive renewables-specific trade arrangements that frame EU imports of energy from renewable sources (RES-E) generated by projects currently under development in the Middle East and North Africa region (MENA). • As the vision of a Mediterranean energy market for electricity requires extensive investments, institutional and legal reforms and a high level of regulatory accord among EU and MENA countries that is not attainable in the near future, we are in practice moving towards a ‘corridor-by-corridor’ approach rather than towards a fully-fledged EU-style system for Mediterranean RES-E exchanges. • The various regional institutions and organisations involved in EU-MED energy cooperation are crucial for regulatory convergence at the regional level, and thus to enable Mediterranean RES-E trade initiatives. • Since the Green Package allows Member States to use RES-E from non-EU countries for their EU-RES target compliance only if the green energy is physically imported into the EU and does not allow for statistical transfers between the Member States and the third countries, it may rather provide an incentive for enhanced North-South energy cooperation than offer us a ready-to-use framework or platform for RES-E exchanges. However, this may be understood as a rationale for regional market integration. • If the EU were able to institutionalize energy relations with the three North African countries or any other country, it would rely on an extension of the Energy Community, or on a new ‘North African Energy Community’.
logo cadmus Read it on Cadmus Download in open access

LATEST FSR PUBLICATIONS

Article
We examine the optimal behavior of carbon-emitting companies operating under the European Union Emission Trading System (EU ETS), under which firms are obliged to purchase emission permits on the secondary [...]
Other
The Brief explores pathways to promote a sustainable agricultural trade regime for the EU. We identify three challenges and propose three potential paths forward. We discuss potential implications of the [...]
Other
The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Other
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Other
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
Other
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top