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9

OAPEC Activities

directives.

The conference aims at

providing a platform to discuss

creative

political

options

and business strategies to

strike a balance between the

conventional, new, and renewable

energy resources in the energy

system. It also aims at adapting

governmental, industrial, and

financial policies according to best

practices.

• Among the main focal points

discussed at the conference:

• Trends,

visions,

and

challenges in the energy sector

• Merging renewable energy

resources

• The status of electricity in the

Middle East and North Africa

• The status of nuclear energy in

the energy resources mix

• The role of transportation

networks

and

electrical

interconnection

• The conference issued the

following recommendations:

Working on developing the

legislative frame for the electricity

sector in the Arab countries to

ensure the presence of an Arab

electricity market that includes all

energy resources according to the

conditions and potentials of each

individual country

Preparing Arab electricity

markets to establish energy

services companies, and merging

renewable energy projects while

boosting the role of private sector

to contribute to the electricity

markets in these countries

through creative mechanisms and

diversifying energy resources

Encouraging electricity and

renewable energy companies

to boost their use of funding

programmes offered by banks,

and Arab and international

funds to develop and execute

projects on renewable energy,

energy

efficiency,

upgrading

and expanding existing national

electricity

networks,

and

interconnections among Arab

countries.

The importance of developing

and completing Arab electricity

interconnection

projects

and

strengthening them as a way

to realize an integrated and

harmonized

Arab

electricity

market.