Recognising the importance of addressing energy challenges, the UfM Secretariat fulfils its role as a platform for UfM Members, financial institutions, regional organisations, industrial enterprises and experts working towards the enhancement of synergies in the fields of renewable energies and energy efficiency, integration of electricity markets and gas in the Mediterranean region. It is in this spirit that the SOM of March 2015 approved the establishment of three UfM high-level Energy Platforms:
- The UfM Regional Electricity Market Platform (UfM REM Platform)
- The UfM Renewable Energy and Energy Efficiency Platform (UfM REEE Platform)
- The UfM Gas Platform (UfM Gas Platform)
The UfM REM Platform aims at the progressive integration of energy systems and energy markets in the UfM region and, in particular, at the enhancement of electricity exchanges and interconnections, in order to achieve a secure, affordable and sustainable electricity supply for the benefit of citizens and economies in the Euro-Mediterranean region.
The UfM REEE Platform has the aim to promote the progressive deployment of renewable energy and energy efficiency measures, in order to foster socio-economic development, contribute to ensure that all citizens and businesses of the region have access to secure, affordable and reliable modern energy services, as well as to support mitigation and adaptation to climate change in the Euro-Mediterranean region.
The objective of the UfM Gas Platform is to establish a regional structured dialogue allowing the progressive development of a Euro-Mediterranean gas market to promote security, transparency and predictability of both demand and supply in a manner that correctly and fairly balances the interest of producing and consuming countries and provides the basis of the long-term and the secure development of the abundant reserves in the region.