The energy resources of the Eastern Mediterranean between energy security and energy transition
In this webinar, we will discuss the role of energy resources in the Eastern Mediterranean, which could help improve energy security and climate measures both in the region and beyond. At the beginning of the webinar, the author will present the main findings of the recent IAI Paper on this topic.
The energy resources of the eastern Mediterranean have attracted increasing interest due to their vast energy reserves over the last decade. These energy resources could generate many benefits for the region and beyond, such as improved interconnectivity between countries, growth and development, as well as decarbonization. However, to achieve these positive results, countries have to face and overcome some challenges, such as lack of infrastructure, economic constraints and interstate rivalry. In the wake of Russia’s war in Ukraine, the area has emerged as a valuable option for EU diversification plans as European countries look to wean themselves off Russian gas. However, it is essential to broaden the approach to regional energy resources, starting to include also renewables and potentially hydrogen, in order to reconcile energy security with climate objectives.
The speakers will discuss the main energy opportunities for Eastern Mediterranean energy resources and their potential consequences on the energy transition, analyzing the main initiatives under consideration and their feasibility.
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