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Portugal and Morocco seek EU funding, private investors to build power link

Portugal and Morocco said they would ask the European Commission to consider funding a long-promised power interconnector that connects the two countries. They will also explore private sector investment. The crippling power "blackout" in Spain and Portugal that occurred in April 2025 revealed the Iberian Peninsula’s limited electrical links with Europe. This helped revive plans for the Portugal-Morocco connection first studied in 2018. Iberia only has 3% of its total electricity capacity interconnected with neighbouring European countries. This is well below the EU's target of 15% for 2030.

A link to?Morocco could strengthen the energy security of Portugal, which is currently only connected with Spain. It would provide an additional source of power in case of interruptions. Maria da Graca Carvalho, Portugal's Minister of Energy, said that Lisbon and Rabat had agreed to discuss the possibility of the power connection?being deemed an Important Project of Common European Interest.

Carvalho stated that a new Europe-Africa electric connection would improve energy security and cooperation between the continents. Carvalho told reporters that he had decided to talk to the EC first to determine whether it is interested in taking this project on as an important European one.

Portugal and Morocco are pursuing two tracks at the same time -- gaining access to the Connecting Europe financing facility and testing investor interest through a private-sector expressions of 'interest' process by grid operators and utilities.

Carvalho stated, "We do not want to overcharge either our contributors or consumers."

Benali stated that the two countries wanted to "ensure that we reduce costs,?especially affordability of energy access", for both populations as well as a number sectors.

Carvalho stated that it was still too early to say whether the project would include a 'direct subsea cables between Portugal and Morocco, or use infrastructure via Spain which already has a electricity interconnection with this North African country. (Reporting and editing by Jan Harvey; Sergio Goncalves)

(source: Reuters)