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Europe Bets Billions on North Africa’s Clean Energy Potential
['Felicity Bradstock', 'Felicity Bradstock Is A Writer', 'Journalist Based In Mexico City. She Writes For Energy Websites', 'Covers Several Other Industries', 'As Well As Writing', 'More Info']
OilPrice.com Daily News Update
Europe is deepening its ties with North Africa to develop stronger clean energy connections between the two regions in support of a green transition.
Over the coming decade, Europe and North Africa are expected to establish a stronger clean energy trade corridor that will help both regions decrease reliance on fossil fuels.
Much of Europe is already accelerating the expansion of domestic renewable energy capacity.
“Our energy security must be based on electrified energy systems that are based on clean energy, modern grids and increased connectivity,” he added.
This is not Europe’s first clean energy investment in North Africa, but it may be the most ambitious.