ASCAME round table on energy

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ASCAME Round Table: prospects of the energy exchanges and the economic integration in the Mediterranean 

In the framework of the Executive Committee and Bureau meetings of the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME) which took place in Tangiers the 2nd of May, ASCAME organized a round table about the energy integration and development in the Mediterranean basin.

The round table about Energy, organized by the ASCAME Commissions on Renewable Energies, Conventional Energies and Environment and Climate Change, has been inaugurated on Friday the 2nd by the President of the CCI Tangiers, Mr. Omar Moro, also Vice-president of ASCAME and President of the ASCAME Renewable Energy Commission.

The round table was chaired by President Omar Moro, the General Secretary of the Minister of Energy and Mines, Mr. Abderrahim Hafidi, the Head of the European Investment Bank (EIB) Office in Rabat, Mr. Guido Prud’Homme, the Director of International Cooperation in the Moroccan Agency for Solar Energy (MASEN), Mr. Nabil Saimi and a representative of the Energy Committee of the Istanbul CCI, Mr. Nadim Ekiz.

The President Omar Moro underlined that this round table aims at consolidating the energy exchanges and creating complementary, strong and sustainable partnerships in the Mediterranean. He added that the future belongs to the renewable energies and that Morocco is following the global trends in order to reduce the emissions of greenhouse gases.

Mr. Abderrahim Hafidi outlined the case of Morocco and explained that the strategies of the country in terms of energy rely on 4 main axis: the speeding up of the Moroccan institutional reforms; the launching of energy programs such as the Moroccan Solar Plan and the creation of a wind park; the enhanced interconnection with the European network with the view of integrating and opening the market and the creation of investment opportunities in all the sectors. According to the General Secretary the electricity demand in Morocco might double by 2020 and quadruple by 2030.

The Moroccan Agency for Solar Energy (MASEN), represented by Mr. Nabil Saimi, has specified that the Moroccan Solar Plan has been accompanied by a new institutional framework and has also presented other regional initiatives in favor of the energy integration such as the projects MedRed ,Res4Med or OME.

Finally, Mr. Guido Prud’Homme stressed on the fact that the EIB is involved in encouraging favorable measures in order to foster the energy development and integration in the region, especially through the support to specific initiatives: Mediterranean Solar Plan; Sustainable Energy for All, the Western Balkans investment framework, etc and specific financing instruments dedicated to energy (blending grants with loans and TA, equity funds, etc): GEEREF, EEFF, etc.

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