SET Roadmap Preparation: Phase II economic and legal/regulatory/market studies (SET Roadmap)
Recognizing the numerous benefits of regional electricity market integration, France, Germany, Morocco, Portugal and Spain signed a joint declaration, during COP22 in Marrakech, on the establishment of a roadmap for sustainable electricity trade (SET) between Morocco and the European internal energy market. An activity was launched on 7 September 2017 in Rabat to prepare the SET Roadmap.
The objectives of the SET Roadmap preparation exercise are:
- To analyze the benefits of increased RES electricity exchanges, resulting from electricity market integration.
- To identify investments, processes and procedures to enable sustainable electricity trade between the five signatories.
- To formulate the SET Roadmap implementation pathway.
The work undertaken will include studies to analyze the economic, financial, legal/regulatory, security, technical, environmental, social, market and implementation topics relevant to the SET Roadmap preparation. These studies have now been launched and they are expected to be finished within six months’ time.
The consortium includes Artelys, Castalia, Ernst and Young, and Fraunhofer ISI.