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Opportunity: Euro-Mediterranean Energy Partnership.

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IPEMED aims to bring the two sides of the Mediterranean closer together using economics, and to make a concrete contribution to building an integrated, sustainable and socially responsible Euro-Mediterranean area. 





Towards a Euro-Mediterranean Energy Community: Moving from import-export to a new regional energy model. 05/2013






To create a real source of added value for the countries in the Mediterranean region, increasing the number of renewable energy installations requires major industrial development in these new renewable energy sectors, which remain nonetheless exposed to international competition.

In the Maghreb, there is no industrial group of international dimensions in these sectors. There is a whole value chain that remains to be developed in the wind, photovoltaic and concentrating solar power sectors.

Whilst the solar radiation received by South Mediterranean countries offers advantageous perspectives for the production of solar power, South and Eastern Mediterranean Countries will themselves be required to contribute to this dynamic by gradually developing upstream and downstream activities in these sectors.

Development perspectives need to be established with the transfer of the know-how and technologies of neighbouring European companies which have the necessary innovation capacities but which are unable to grow.

In 2011, although the EU had nearly three-quarters of the world’s installed photovoltaic solar power capacity, there were no EU countries among the fifteen leading producers of photovoltaic modules.

Given the high solar potential of South Mediterranean countries and the job creation objectives set in the renewable energy sector by the Maghreb countries, there is a need to develop partnerships, initially Euro-Maghreb and then Euro-Mediterranean.

These partnerships would derive mutual benefit in the industrial sectors on both sides of the Mediterranean, and they would also be a major component of the Euro-Mediterranean Community’s energy project.

When the European Coal and Steel Community Treaty was signed in 1951, each of the six member countries possessed its own coal and iron reserves. Nowadays, North Mediterranean Countries and South and Eastern Mediterranean Countries do not all have the same resources and the same energy requirements. However, they each possess different assets, which highlight the mutual gain that could be achieved through a structured and complementary partnership between countries on both sides of the Mediterranean.