De-risking renewable energy investment in the Mediterranean

Countries in the Middle East and North Africa are endowed with excellent sun and wind resources, and their potential for renewable energy is huge. However, despite ambitious national policies and targets and a recent increase in investments, renewable energy still accounts for a small share of primary energy consumption in this region and is unevenly deployed.

Against this background, the purpose of the session is to bring together public and private stakeholders to discuss the perspective of the renewable energy industry in the Middle East and North Africa, with a particular focus on facilitating private investments. The basis for the discussion will be the study carried out by the association RES4MED "Derisking RES investment – Survey on the main barriers affecting investments in Renewable Energy in the Mediterranean", which assesses risks and barriers to RES investments in 4 countries: Egypt, Jordan, Morocco and Tunisia.

The authors will present the findings and the recommendations of the study. The presentation will be followed by a discussion with representatives from the industry, international financial institutions, policy makers, NGOs and think tanks.

 

AGENDA

Introductory remarks

Paula Abreu Marques, Head of Unit "Renewables and CCS policy", DG ENER, EU Commission

 

Survey on the main barriers affecting investments in RE capacity in the Mediterranean

Roberto Vigotti, Secretary General, RES4MED

Paolo Gentili, Senior Manager, PwC

 

Challenges and opportunities for solar PV project development in Algeria

Adel Baba Aissa, Director of Renewable Energy Partner

 

Discussion

Claude Turmes, Member of the European Parliament

Manuela Naessl, Principal banker/advisor to the Managing Director, European Bank for Reconstruction and Development

Arthouros Zervos, Chair of REN 21

Simone Tagliapietra, Research Fellow and Senior Researcher, Bruegel and Fondazione ENI Enrico Mattei

Oliver Schäfer, President, Solar Power Europe

Ivan Pineda, Director of Public Affairs, Wind Europe

Pedro Huarte Mendicoa, Director of Institutional and Regulatory Affairs Mediterranean and Latin America, VESTAS