Monday 4 December 2023

COP28: Morocco, Portugal Sign Joint Declaration on Electricity Interconnection Project

COP28: Morocco, Portugal Sign Joint Declaration on Electricity Interconnection Project

Morocco and Portugal signed, Saturday in Dubai, a joint declaration on an electricity interconnection project, on the sidelines of the UN Framework Convention on Climate Change (COP28).

Signed by Morocco's Minister of Energy Transition and Sustainable Development, Leila Benali, and Portugal’s Minister of Environment and Climate Action, Duarte Cordeiro, this declaration is meant to reinforce renewable energy development strategies between the two countries, as well as the possibilities for energy exchange between African and European continents.

This declaration, the signing ceremony of which took place at the Moroccan pavilion at COP28, also aims to promote dialogue in order to guarantee a resilient and inclusive energy transition that meets global objectives in sustainable development and climate change, notably by encouraging the use of renewable energies and accelerating the implementation of strategic projects of common interest, including the electricity interconnection project between the two countries.

Given their geographical position as bridges between Europe and Africa, Morocco and Portugal intend to jointly face the challenges of energy transition, notably through strengthening the integration of electricity markets in an international context marked by the instability of the market and supply chains for energy products.

The implementation of the electricity interconnection project between Morocco and Portugal is important for European and African continents, Benali told the press, adding that the signing of this joint declaration aims to update the technical studies and the financial cost of this project at the global level.

For his part, Duarte Cordeiro stressed that the two countries share the same strategies on developing renewable energies and green hydrogen, noting that an electricity network between Portugal and Morocco will contribute to the neutralization of the material character of Europe.

MAP: 03 December 2023