Initialed by the President of ANRE, Abdellatif Bardach, and the President of CNMC, Cani Fernández Vicién, this agreement is part of the fraternal ties that unite Morocco and Spain, under the enlightened vision of His Majesty King Mohammed VI, May God Assist Him, and opens the way to new perspectives of energy cooperation, indicates the ANRE in a press release.
Speaking on the occasion, Mr. Bardach said that this MoU, the result of in-depth discussions and a strong commitment to sustainability and innovation in the field of energy regulation, highlights the importance of crucial technical aspects such as pricing, while adopting transparency and fairness practices, which are essential to ensure an open and fair energy market.
“That said, our initiative goes well beyond the simple celebration of our achievements,” he noted, noting that it “is part of a long-term strategic approach aimed at strengthening and expanding existing energy trade and interconnections, thus illustrating our deep commitment to improving regional integration and energy security.”
He added that “this approach paves the way for an even more robust and extensive future collaboration, thus consolidating our common commitment to addressing global energy challenges.”
At the same time, Mr. Bardach and Ms. Vicén reaffirmed their determination to work closely together to make this partnership a model of international cooperation, reflecting a convergence of strategic interests for both countries and for the Mediterranean and African region as a whole.
They also welcomed their co-chairmanship of the Green Hydrogen Task Force within the Association of Mediterranean Regulators, which highlights their key role in promoting green hydrogen as a key element of the energy transition.
This responsibility illustrates the strategic importance of Morocco and Spain as major players in the development of renewable technologies and the promotion of a sustainable energy future for the region, the press release concludes.
2024-09-06 21:07:34