The Malta Employers’ Association (MEA), has issued praise for a Nationalist Party (PN) document entitled ‘A New Energy Future for Malta’, hailing it as “encouraging”.
The document contains a vision to transform the country to achieve renewable targets and goals that translate into a greener economy, with more efficient energy generation from which businesses and households may benefit.
On Wednesday, the MEA held a meeting with PN MP and the Opposition’s spokesperson for energy, Ryan Callus.
It was highlighted that the PN’s recommendations include opportunities for investment and the generation of green jobs.
“One area in which this is evident is the electrification of transport, with investment in infrastructure to facilitate the discussion of electric-powered transport.”
One PN recommendation on renewing existing contractual energy obligations to explore cheaper options and maximise the use of the interconnector was described by the MEA as beneficial, “especially if it results in a reduction in commercial rates”.
“The interconnector provides the option to ‘shop around’ for the best offers in the purchase of energy. The floating wind platforms are also worth exploring and can be feasible given Malta’s geographical limitations.”
Malta's labour supply and employment rate both grew by around 75% between 2005 and 2021
MEA president Joanne Bondin focused her speech on the need for good governance and upskilling
The workshop will focus on distinction between market and prudent value