Mediterranean Energy Regulators (MEDREG) General Assembly began Wednesday in Rome to elect the authority that will preside over the MEDREG organization for the next two years.
Portugal's Energy Services Regulatory Authority (ERSE) and the Albanian Energy Regulator Authority (ERE) are candidates for the new two-year presidential term of MEDREG.
Turkey's Energy Market Regulatory Authority (EMRA) is one of the nominees for the vice-presidency of the association.
MEDREG was inaugurated in 2007 under Italian law and currently gathers 24 energy regulators from 21 Mediterranean countries including, Albania, Algeria, Bosnia-Herzegovina, Croatia, the Greek Cypriot administration, Egypt, France, Greece, Israel, Italy, Jordan, Libya, Malta, Montenegro, Morocco, Palestine, Portugal, Slovenia, Spain, Tunisia and Turkey.
As a member of MEDREG, EMRA acted as the Task Force for the Union of Mediterranean Energy Platforms under the presidency of Egyptian Electric Utility and Consumer Protection Regulatory Agency in MEDREG's previous presidential term.
The association promotes a transparent, stable and harmonized regulatory framework in the Mediterranean region. It fosters market integration and infrastructure investments, and aims to ensure consumer protection and enhance energy cooperation.
MEDREG carries out its activities through a well-structured and effective internal cooperation process and external collaboration with energy stakeholders in the Mediterranean Basin, with the objective of laying the groundwork for the establishment of a future Mediterranean Energy Community, based on a bottom-up approach, according to the association.
The Institution benefits from the support of its members, the European Commission, and the Council of European Energy Regulators (CEER).
By Muhsin Baris Tiryakioglu in Rome