Electricity

Admie includes Northeast Aegean EUR 935 million cable in ten-year plan

Northeast Aegean Admie

Photo: Admie

Published

January 3, 2020

Country

Comments

comments icon

0

Share

Published:

January 3, 2020

Country:

Comments:

comments icon

0

Share

Greece’s transmission system operator announced its network development budget would have a segment covering the Northeast Aegean region by 2030. The state-owned company now intends to include the islands in operations interconnecting the Dodecanese with the mainland grid.

According to Manos Manousakis, the Northeast Aegean project brings “significant environmental benefits” and enables stronger integration of power from renewable sources in line with the national strategy. The Independent Power Transmission Operator SA’s chairman and chief executive underscored that it “monitors closely” the developments in the sector in Southeastern Europe and that it is developing solutions together with the European Network of Transmission System Operators for Electricity or Entso-E. The projects are being executed “without delays through optimal usage of its resources,” according to the head of the firm also known as IPTO or Admie.

The preliminary plan’s implementation is scheduled to start next year. The Northeast Aegean part is worth EUR 935 million and Admie is set to spend EUR 1.48 billion on the other part.

A cable of 380 kilometers will be installed from a high-voltage center Corinth to the island of Kos in the southeast Aegean. The tender for the hub should be started soon. The envisaged transfer capacity is 900 MW. The first phase of the overall endeavor is seen lasting by 2027 and linking Rhodes with Kos and Karpathos, which is located near Crete’s eastern tip. It includes cables from high-voltage center Nea Santa, north of Thessaloniki, to Limnos and Lesvos in the Northeast Aegean.

Phase B comprises the interconnections between Aliveri, in the already linked island of Evia, and Skyros, Lesvos and Chios, Kos and Samos and Rhodes and Karpathos, completed one year after the initial stage. The ambition is to finish the decade with cables between Lesvos and Skyros and Chios and Samos.

Admie calculated it would spend EUR 4.4 billion on everything, as it also intends to link Crete and the Cyclades with the mainland, improve the Ionian grid, complete the 400 kV system in the Peloponnese, enhance the equivalent facility in the region of East Macedonia and Thrace and expand international interconnections.

A second line is planned toward Bulgaria. The 400 kV are scheduled to come online by 2023. The operator said it would examine the possibility to strengthen the links with Northern Macedonia and Turkey.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia