MEDREG and Med-TSO are joining forces in organising a webinar on "Cross-border cost allocation for electricity projects in the Mediterranean" to be held on 7 October 2020.
Deciding on cross-border cost-sharing involves extensive work on the interests of the countries involved. On the other hand, the basis for a transparent and comprehensible framework for project evaluation must be established, if only to enable cross-border dialogue. For these reasons, MEDREG and Med-TSO have identified the need for joint work on the subject.
Cross-border Cost Allocation (CBCA) is a financial tool used to facilitate the implementation of Projects of Common Interest. It represents a subsequent step towards the Cost-Benefit Analysis (CBA) of interconnection projects between countries.
MEDREG is the Association of Mediterranean Energy Regulators, which brings together 27 regulators from 23 countries, spanning the European Union (EU), the Balkans and North Africa. Mediterranean regulators work together to promote greater compatibility of the regional energy markets and legislation, seeking progressive market integration in the Euro-Mediterranean basin.
Med-TSO is the Association of the Mediterranean Transmission System Operators (TSOs) for electricity, operating the High Voltage Transmission Networks of 19 Mediterranean Countries. It was established on 19 April 2012 in Rome as a technical platform that, using multilateral cooperation as a strategy of regional development, could facilitate the integration of the Mediterranean power systems and foster security and socio – economic development in the region.