Past Event

Euro-Mediterranean energy talks

The energy landscape of the Southern and Eastern Mediterranean is inefficient and unsustainable. Yet there is much potential for cooperation. How could the EU work with this region to improve energy systems?

Date: May 31 - Jun 1, 2016 Topic: Energy & Climate

Summary

This event was organised in cooperation with the Fondazione Eni Enrico Mattei (FEEM).

Energy policies play a key role in the cooperation between the European Union and the countries of the Mediterranean area, being the latter endowed with strategic resources like gas and oil and the former in need of solving the issue of energy security. These policies constitute only a part of neighbourhood policies adopted by the European Union, which have been too much Eurocentric in the past and mainly based on bilateral cooperation rather than regional. Therefore, this calls for a new approach to deal with our neighbours on the Southern shore of the Mediterranean Sea, based on understanding the challenges for cooperation, the needs and priorities of countries involved and taking into account the synergies of EU and Mediterranean countries altogether. Obstacles to cooperation are represented by the terrorist threat, the migration pressure and by the number of hidden and open conflicts in the region. However, the workshop organised by Bruegel and Fondazione Eni Enrico Mattei brought interesting policy recommendations to build a more stable cooperation between the two regions.

From a general point of view, dialogue is needed between the parties for a common understanding of issues: the approaches and priorities of EU and Mediterranean countries are different, and the partnership should not involve the export of an EU model of policy-making to the Southern shore of the Mediterranean Sea. Moreover, pragmatism, rather than ideological approaches, would work better in building the cooperation.

For what concerns the energy cooperation, policy recommendations cover the areas of gas and renewables and are deeply concerned with infrastructure financing. First, the EU decarbonisation goal calls for a reduction in coal usage and an increase in gas demand, a commodity largely available in Western Mediterranean countries; the security of gas supply and the reliance of Europe on a limited number of importers also constitute a relevant issue. The existing transportation infrastructure connecting EU and Mediterranean has to be fully used for these purposes, and more space should be given to SMCs in order to decrease the presence of dominant suppliers, like Russia, in the European market. Eastern Mediterranean countries pose other challenges to gas cooperation. In this case, the infrastructure is still largely missing and countries are not willing to cooperate between themselves because of tensions in the region. However, recent discoveries, like the huge gas deposit in Zohr, close to the Egyptian coasts, can change the geopolitical settings of the region if there is cooperation in building the infrastructure.

Secondly, there is room for collaboration on the renewables side, especially because the two shores of the Mediterranean exhibit complementarities and share the commitment towards decarbonisation. In fact, while some Med countries invested in solar and wind power but need larger flows of investments and exhibit an increasing demand because of population and economic growth, EU has a great endowment of capital and leads the path in terms of energy efficiency. Obstacles for the development of renewables in the Mediterranean region are the regulatory environment and the financing. The EU can export skills and knowledge in Med countries to improve technology capabilities and human capital in the private sector and set commitment devices for firms in order to attract foreign investments. Moreover, long term investment programmes could be a way to affect the regulatory framework of these countries.

Last but not least, the workshop brought a crucial and interdisciplinary recommendation: there is the need of increasing trust and compatibility between countries on the two shores of the Mediterranean Sea, taking into account diversities and peculiarities of each country.

Event notes by Domenico Favoino, Research Assistant

 

Schedule

31 May, 2016

All sessions on 31 May are closed-door workshops

09.00-09.15

Welcome

Sabina Ratti, Executive Director, Fondazione Eni Enrico Mattei

Guntram B. Wolff, Director

09.15-10.45

The Mediterranean geopolitical and macroeconomic outlook

Chair: Guntram B. Wolff, Director

Uri Dadush, Non Resident Fellow

Karim El Aynaoui, Managing Director, OCP Policy Center

André Sapir, Senior Fellow

11.00-12.45

Euro-­Mediterranean energy relations: from bilateral to regional?

Chair: Simone Tagliapietra, Research Fellow

Jorge Borrego, Deputy Secretary General, Union for the Mediterranean

Hans van Steen, Head of Unit, European Commission DG ENERGY

14.00-15.30

Euro-Mediterranean natural gas cooperation

Chair: Manfred Hafner, Coordinator of Energy Scenarios and Policy Programme, Fondazione Eni Enrico Mattei

Ali Aissaoui, Senior Visiting Research Fellow, The Oxford Institute for Energy Studies

Francesco Giunti, Executive Vice President Portfolio (market and risk strategy), ENI

Ali Hached, Energy Expert and Former Vice-President, SONATRACH

Francis Perrin, Chairman, Stratégies et Politiques Energétiques

Mehmet Öğütçü, Chairman, Bosphorus Energy Club

Further speakers to be confirmed

16.00-18.00

Euro-Mediterranean sustainable energy cooperation

Chair: Georg Zachmann, Senior Fellow

Claudia Brandus, Head of Regulatory Affairs East Europe and Egypt, Enel Green Power

Angelo Ferrante, Secretary-General, Med-TSO

Ezzedine Khalfallah, President, International Energy Consulting

Jun 1, 2016

09.00-10.30

Financing Euro-Mediterranean energy cooperation (Closed-door workshop)

Chair: André Sapir, Senior Fellow

Uri Dadush, Non Resident Fellow

Edoardo Reviglio, Chief Economist, Cassa Depositi e Prestiti SpA

11.00-12.15

Policy recommendations for a new Euro-Mediterranean energy cooperation (Closed-door workshop)

Chair: Mehmet Öğütçü, Chairman, Bosphorus Energy Club

12.15-13.00

Check-in for public session and lunch

13:00-13:10

PUBLIC SESSION: Welcome address and introduction

Sabina Ratti, Executive Director, Fondazione Eni Enrico Mattei

Guntram B. Wolff, Director

13:10-13:30

Keynote speech

Stefano Manservisi, Director-General of the Directorate-General for International Cooperation and Development, European Commission

13:30-13:50

Presentation of key policy recommendations

Manfred Hafner, Coordinator of Energy Scenarios and Policy Programme, Fondazione Eni Enrico Mattei

Georg Zachmann, Senior Fellow

13:50-14:30

Panel discussion

Chair: Simone Tagliapietra, Research Fellow

Houda Allal, General Director, Observatoire Méditerranéen de l’Energie (OME)

Moncef Ben Abdallah, Former Minister for Industry and Energy of Tunisia

Uri Dadush, Non Resident Fellow

Francesco Giunti, Executive Vice President Portfolio (market and risk strategy), ENI

14:30-15:00

Open debate

Speakers

Ali Aissaoui

Senior Visiting Research Fellow, The Oxford Institute for Energy Studies

Moncef Ben Abdallah

Former Minister for Industry and Energy of Tunisia

Jorge Borrego

Deputy Secretary General, Union for the Mediterranean

Claudia Brandus

Head of Regulatory Affairs East Europe and Egypt, Enel Green Power

Uri Dadush

Non Resident Fellow

Karim El Aynaoui

Managing Director, OCP Policy Center

Angelo Ferrante

Secretary-General, Med-TSO

Francesco Giunti

Executive Vice President Portfolio (market and risk strategy), ENI

Ali Hached

Energy Expert and Former Vice-President, SONATRACH

Manfred Hafner

Coordinator of Energy Scenarios and Policy Programme, Fondazione Eni Enrico Mattei

Ezzedine Khalfallah

President, International Energy Consulting

Stefano Manservisi

Director-General of the Directorate-General for International Cooperation and Development, European Commission

Mehmet Öğütçü

Chairman, Bosphorus Energy Club

Francis Perrin

Chairman, Stratégies et Politiques Energétiques

Sabina Ratti

Executive Director, Fondazione Eni Enrico Mattei

Edoardo Reviglio

Chief Economist, Cassa Depositi e Prestiti SpA

André Sapir

Senior Fellow

Simone Tagliapietra

Research Fellow

Hans van Steen

Head of Unit, European Commission DG ENERGY

Guntram B. Wolff

Director

Georg Zachmann

Senior Fellow

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Bryn Watkins

Bryn Watkins

bryn.watkins@bruegel.org +32 2 227 42 88

Read about event More on this topic

Past Event

Past Event

EU-Turkey energy and climate dialogues

This event is part of the joint Bruegel-IPC initiative European Neighbourhood Energy and Climate Dialogues. This is a closed door event, open only to Bruegel's members and a group of experts.

Speakers: Dirk Buschle, Ahmet Evin, Myriam Ferran, Philipp Godron, Daniel Grütjen, Sohbet Karbuz, Susanne Nies, Mehmet Oguctu, Megan Richards, John Roberts, Umit Sahin, Simone Tagliapietra and Georg Zachmann Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: October 20, 2017
Read article More on this topic More by this author

Blog Post

We need a broader, greener EU-Turkey energy partnership

Energy is a vital part of the EU’s increasingly strained relationship with Turkey. It’s also one of the areas where there is still a lot of potential to find positive synergies. However, the EU’s strategy is too focussed on oil and gas. We need a broader and more sustainable approach to EU-Turkey energy relations.

By: Simone Tagliapietra Topic: Energy & Climate Date: October 19, 2017
Read about event More on this topic

Past Event

Past Event

Fiscal aspects of the Energy Transition

Relative prices of different energy carriers are affected by a number of fiscal instruments. At this event, we will hold a discussion on, how fiscal instruments can be adjusted to better accommodate the energy transition.

Speakers: Jos Delbeke, Karen Pittel, Ian Parry, Gregor Pett and Georg Zachmann Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: October 17, 2017
Read about event More on this topic

Past Event

Past Event

Fostering energy access in Sub-Saharan Africa: what role for Europe?

Lack of energy access is a major challenge for Sub-Saharan Africa. How can Europe contribute to solving this issue?

Speakers: San Bilal, Laura Cozzi, Alexander Huurdeman, Lapo Pistelli and Simone Tagliapietra Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: October 5, 2017
Read article Download PDF More on this topic More by this author

Policy Contribution

Ukraine’s unfinished reform agenda

This Policy Contribution analyses the Ukrainian economic, institutional and political reforms of 2014-17 in terms of their sustainability and completeness, and evaluates what remains to be done. Compared to previous attempts, the current reform round has proved more successful and some politically difficult decisions have been taken (for example, the elimination of gas subsidies), but it remains incomplete in many important areas

By: Marek Dabrowski Topic: European Macroeconomics & Governance Date: September 27, 2017
Read article Download PDF More on this topic

External Publication

The role of international institutions in fostering sub-Saharan Africa’s electrification

With a new commentary published by the Columbia University Center on Global Energy Policy, Simone Tagliapietra and Morgan Bazilian discuss the role of international institutions in bringing electricity to sub-Saharan Africa (SSA). The authors offer a review of global financing initiatives for SSA’s electrification, and conclude that better coordination and information-sharing mechanisms to track the rapidly-changing landscape will be critical to achieve SSA energy access goals.

By: Simone Tagliapietra and Morgan Bazilian Topic: Energy & Climate Date: September 22, 2017
Read article More on this topic

Blog Post

Reinforcing the EU energy industry transformation: stronger policies needed

The European energy system is being transformed by three major forces, decarbonisation, digitalisation and decentralisation. Decarbonisation is changing the European energy mix, while innovation in digital technologies is enabling disruptive change in the way energy systems are operated.

By: Simone Tagliapietra and Georg Zachmann Topic: Energy & Climate Date: September 21, 2017
Read article More on this topic More by this author

External Publication

The European Gas Markets

This book, co-edited by Bruegel's Research Fellow Simone Tagliapietra, explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector.

By: Simone Tagliapietra Topic: Energy & Climate Date: August 31, 2017
Read article Download PDF More on this topic

Book/Special report

Towards EU-MENA Shared Prosperity

Endowed with half of the world’s known oil and gas reserves, the Middle East and North Africa (MENA) region has become a cornerstone of the global energy architecture. This architecture is currently undergoing a structural transformation, prompted by two different forces: decarbonisation policies and low-carbon technology advancements. This book seeks to address the following research question: are MENA oil-exporting countries equipped to prosper in times of global decarbonisation?

By: Simone Tagliapietra, Abdelhak Bassou, Marion Jansen, Yassine Msadfa, Mario Filadoro and Larabi Jaidi Topic: Energy & Climate Date: August 17, 2017
Read article Download PDF More on this topic

External Publication

Review of EU-third country cooperation on policies falling within the ITRE domain in relation to Brexit

What is the possible future relationship between the EU and the UK in light of Brexit? The report provides a critical assessment of the implications of existing models of cooperation between third countries and the European Union on energy, electronic communications, research policy and small business policy.

By: J. Scott Marcus, Georgios Petropoulos, André Sapir, Simone Tagliapietra, Alessio Terzi, Reinhilde Veugelers and Georg Zachmann Topic: European Macroeconomics & Governance Date: July 5, 2017
Read article More on this topic More by this author

Blog Post

The US 100% renewables dispute

What’s at stake: Two years ago, a debate started on whether it would be feasible for the US to achieve 100% renewable energy power. The arguments on both sides have been fierce, and more has been written recently. We review the debate.

By: Silvia Merler Topic: Energy & Climate Date: June 26, 2017
Read article More on this topic More by this author

Opinion

Nord Stream 2 means gains for Germany but pain for Europe

The proposed Nord Stream 2 pipeline could destabilise European energy cooperation and offer Gazprom excessive influence in Central and Eastern Europe. These disadvantages do not justify the commercial benefits for German companies.

By: Georg Zachmann Topic: Energy & Climate Date: June 23, 2017
Load more posts