Four European countries have signed a joint agreement to establish a roadmap for exchanging electricity from renewable sources between Morocco and Europe. Germany, Spain, France and Portugal all signed the non-legally binding statement to support the programme, while in the presence of the European Commission at COP22 in Marrakech.
The signatories will support the SET Roadmap to review economic, legal, regulatory and technical issues relating to the energy exchange, particularly looking at potential grid bottlenecks.
While Morocco has strong renewable resources, exchange of energy between the continents could provide mutually-beneficial investment opportunities for all the parties involved as well as generating a significant number of jobs. Electricity market integration between the MENA region and Europe could help relieve the challenges of grid congestion and curtailment of renewable energy.
Read the full article via PV-Tech.
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