Renewable energy sources are gaining popularity especially in an economic environment
where fossil fuels have a leading role. It is unlimited, conditioned to appropriate
management, and, consequently, sustainable as it reduces greenhouse gasses emission.
Renewable Energy Sources (RES) have a considerable potential to boost economic
development and provide new sustainable jobs.
Energy is a fundamental component of the economic relationship between the European
Union and southern Mediterranean countries. However, given the booming energy demand in
southern Mediterranean countries and their great solar and wind potential, regional
energy cooperation should also strongly focus on fostering large-scale deployment of
renewable energy. This would allow southern Mediterranean countries to meet their
increasing energy demand in a more sustainable way, and would also have positive
economic and political benefits for Europe.
Renewable Energy targets to
Develop renewable energy, energy efficiency and renewable energy transmission
capacities in general in the the whole Mediterranean region
Accelerate the development of renewable energy and energy efficiency projects in the
Mediterranean partner countries to fulfil their national targets and to achieve the
Mediterranean Solar Plan's renewable energy target
This is Circle the MED