MEP 2025 Launch in Brussels.

One month ahead of the European Commissionโ€™s adoption of its New Pact for the Mediterranean, OMEC and IOGP Europe gathered 130+ policymakers, industry leaders and civil society representatives to discuss regional energy challenges and opportunities for cooperation.

The event featured: The official presentation of ๐— ๐—ฒ๐—ฑ๐—ถ๐˜๐—ฒ๐—ฟ๐—ฟ๐—ฎ๐—ป๐—ฒ๐—ฎ๐—ป ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ฃ๐—ฒ๐—ฟ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐˜€ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ – the most comprehensive and data-driven energy outlook for the region to date.
๐—ง๐˜„๐—ผ ๐—ต๐—ถ๐—ด๐—ต-๐—น๐—ฒ๐˜ƒ๐—ฒ๐—น ๐—ฝ๐—ฎ๐—ป๐—ฒ๐—น๐˜€: one on the regionโ€™s net-zero pathways and investment outlook to 2050, and the other on the role of gas in balancing energy security and decarbonization.

๐—ž๐—ฒ๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ :
1. ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† & ๐—ฟ๐—ฒ๐˜€๐—ถ๐—น๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ: diversify supply, expand renewables, and develop smarter and more digital grids.

2. ๐—˜๐—ป๐—ฒ๐—ฟ๐—ด๐˜† ๐—ฒ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐—ฐ๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐—น๐—ฒ๐—ฐ๐˜๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: a no-regret cornerstone and priority investment area of the Mediterranean energy system.

3. ๐—–๐—น๐—ฒ๐—ฎ๐—ป ๐—ณ๐˜‚๐—ฒ๐—น๐˜€ & ๐˜€๐˜๐—ผ๐—ฟ๐—ฎ๐—ด๐—ฒ: Scale up innovation and deployment of clean fuels and large-scale storage to enable deep decarbonisation and enhance flexibility.

4. ๐—–๐—ฟ๐—ผ๐˜€๐˜€-๐—ฏ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—ถ๐—ป๐—ณ๐—ฟ๐—ฎ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐˜‚๐—ฟ๐—ฒ: boost integration and unlock renewable potential.

5. ๐——๐—ฒ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ถ๐—ป๐—ด ๐˜๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ๐˜€: Engage within the Med itself and beyond to scale renewables, interconnections, and new technologies, bringing innovation and competitiveness.

6. ๐—š๐—ฎ๐˜€, ๐—ฎ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—ณ๐˜‚๐—ฒ๐—น: essential to support renewables development and electrification expansion.

The panel discussions centered on the Mediterraneanโ€™s net-zero pathways and investment outlook to 2050, as well as the evolving role of gas in balancing energy security and decarbonisation. Exchanges highlighted both the opportunities and risks ahead: the Mediterranean is a key energy corridor rich in renewables, hydrocarbons, and COโ‚‚ storage potential. Yet without sufficient investment, stronger energy efficiency efforts and integration of the energy systems, the region faces higher energy costs, slower emissions reductions, and lost industrial competitiveness. Targeted cooperation and timely investments could unlock a more resilient, competitive, and sustainable energy future for all countries in the region.

A warm thank you to IOGP Europe for co-organizing this event, all speakers & participants for their invaluable contributions. The exchanges lay the foundation for sustained cooperation and invite all stakeholders to engage in shaping a more secure, affordable, and sustainable energy future in the region.

๐™ˆ๐™€๐™‹ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ ๐™ž๐™จ ๐™ฃ๐™ค๐™ฌ ๐™–๐™ซ๐™–๐™ž๐™ก๐™–๐™—๐™ก๐™š ๐™ฉ๐™ค ๐™ค๐™ง๐™™๐™š๐™ง ๐™ž๐™ฃ ๐™š๐™ก๐™š๐™˜๐™ฉ๐™ง๐™ค๐™ฃ๐™ž๐™˜ ๐™ค๐™ง ๐™ฅ๐™–๐™ฅ๐™š๐™ง ๐™˜๐™ค๐™ฅ๐™ฎย  : https://shorturl.at/B43q1

 

For more information, please visit : OMEC Linkedin Page