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Portugal and Morocco Seek EU Funding, Private Investment for Power Link

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Portugal and Morocco are seeking financial support from the European Union and private investors to advance plans for a major electricity interconnection aimed at strengthening energy security and expanding the use of renewable power across the region.

Officials from both countries said the proposed undersea power link would improve electricity trade between Europe and North Africa, enhance grid stability and support the transition to cleaner energy sources. The project is expected to carry electricity generated from renewable sources, including solar and wind power.

Portuguese and Moroccan authorities said they are working to secure funding from EU programmes as well as investment from private sector partners, arguing that the project would contribute to Europe’s energy diversification and help reduce dependence on fossil fuels.

The proposed interconnector would cross the Atlantic Ocean between Portugal and Morocco, complementing existing electricity links between Morocco and Spain. Officials said expanding cross-border energy infrastructure would improve resilience during periods of high electricity demand and facilitate greater integration of renewable energy into European power markets.

Energy experts say Morocco has emerged as a major producer of renewable energy, with significant investments in solar and wind projects over the past decade. Portugal has also increased renewable electricity generation and is seeking stronger regional cooperation to meet climate and energy security objectives.

The project aligns with broader European efforts to strengthen electricity networks following recent energy supply disruptions and geopolitical tensions that have highlighted the importance of diversified energy sources and interconnected grids.

Officials from both countries expressed confidence that the proposed power link would attract long-term investment, create economic opportunities and contribute to the European Union’s climate goals by enabling greater use of low-carbon electricity across borders.

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