Analysis of future common strategies between the South and East Mediterranean area and the EU

Μεταρρύθμιση της αγοράς ηλεκτρικής ενέργειας στην Ελλάδα Analysis of future common strategies between the South and East Mediterranean area and the EU in the energy sector Mediterranean Forum on Energy Regulation Barcelona, 26 November 2014 Professor Pantelis Capros Head of E3MLAB (www.e3mlab.eu) National Technical University of Athens 2 Current situation • The South-East Med. [...] Is linked with the EU PRIMES energy model in order to assess the implications of joint EU-SEM action in the power sector and the broadening of the ETS market Countries covered: Algeria, Egypt, Tunisia, Morocco, Libya, Israel, Lebanon and Jordan The Reference scenario explores business as usual trends and the Policy scenarios explore two main alternative strategies, namely centralised and dec. [...] € cumulatively 14 Conclusions • EU-SEM cooperation helping SEM to tap onto vast RES and efficiency potentials provides significant benefits for both parties • Benefits for SEM arise from lower energy and electricity costs, environmental benefits, wider access to electricity and energy services as well as from higher hydrocarbon exports (for energy exporters) and lower energy import bills (for hydr.