The National Electricity Regulatory Authority (ANRE) and the Spanish Commission for Markets and Competition (CNMC) signed a Memorandum of Understanding (MoU) on Thursday in Madrid aimed at strengthening their collaboration in the field of energy regulation.
Signed by the president of the ANRE, Abdellatif Bardach, and the president of the 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 paves the way for new energy cooperation perspectives, the ANRE stated in a press release.
Speaking on this occasion, Mr. Bardach indicated that this MoU, the result of in-depth discussions and a resolute commitment to sustainability and innovation in energy regulation, highlights the importance of crucial technical aspects such as pricing, while adopting practices of transparency and fairness, essential to ensure an open and fair energy market.
“That said, our initiative goes well beyond merely celebrating our achievements,” he noted, adding that it “is part of a long-term strategic approach aimed at strengthening and expanding existing energy exchanges and interconnections, thus illustrating our deep commitment to improving regional integration and energy security.”
He further added that “this approach paves the way for even more robust and extensive future collaboration, thereby consolidating our shared commitment to addressing global energy challenges.”
On the same occasion, 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 expressed their satisfaction with their co-presidency of the task force on green hydrogen 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 statement concluded.