|Author (Person)||Rocha, Frederico|
|Content Type||Key Source, Overview|
The Baltic Energy Market Interconnection Plan (BEMIP) was established to achieve an open and integrated regional electricity and gas market between EU Member States in the Baltic Sea region, tackling their energy isolation.
The BEMIP was launched by the European Commission in October 2008. The first Memorandum of Understanding (MoU) on this initiative was signed in June 2009 and focused on electricity and gas markets, infrastructure and power generation. In June 2015, a second MoU was signed to extend the scope to other elements, like supply security, energy efficiency, renewable energy and the integration of the Baltic States' electricity network into the continental European network, including their synchronous operation.
Regarding electricity, a dedicated BEMIP Working Group develops work on achieving the synchronisation of the Baltics' grid with the continental European network by 2025.
A set of projects were launched regarding the interconnection of the gas markets between the countries around the Baltic Sea, in particular the Gas Interconnector Poland – Lithuania (GIPL) and the Balticconnector.
|Countries / Regions||Europe|