The project for a submarine energy cable between Portugal and Morocco may move forward only with private or European Union funding. This was one of the conditions pointed out within the scope of the discussion on the need to diversify Portugal's energy sources.
Maria da Graça Carvalho publicly recognized the need for Portugal to have an energy alternative to face situations like the "blackout" recorded last April. This blackout reportedly alerted Portuguese authorities to the country's vulnerability in terms of energy security.
The submarine cable between the two countries would represent a strategic solution to reinforce the Iberian Peninsula's energy interconnection capacity. The connection would allow the importation of energy from other sources and markets, reducing dependence on a single energy model.
The question of funding emerges as a central challenge for the project's realization, since direct public funding is not planned. The participation of private investors or European funds thus becomes essential so that the infrastructure can be built and operationalized.
