Electricity

Greece, Cyprus and Egypt to be connected with underwater electric cable

Photo: euroafrica-interconnector.com

Published

February 14, 2017

Country

Comments

0

Share

Published:

February 14, 2017

Country:

Comments:

0

Share

Greece, Cyprus and Egypt signed a memorandum on the completion of a study for the construction of the EuroAfrica Interconnector, an underwater electric cable connecting the power grids of those countries with continental Europe.

The 1.648 kilometer cable will be one of the longest in the world, with a capacity of 2.000 MW, and the construction will take three years after the conclusion of the feasibility study. The President of EuroAfrica Interconnector Nasos Ktorides said at the signing ceremony in Cairo that this partnership can only bring benefits to the three participating nations.

“Greece will increase its energy efficiency, and will become a major player in the European energy arena, Cyprus will be an electricity hub in the south eastern Mediterranean and Egypt will become an important energy hub for Africa,” he said.

The aim of the Interconnector is to offer significant economic and geopolitical benefits to the involved countries and contribute to the European Union’s target for 10 percent of electricity interconnection between member states.

In a brief address, the ambassadors of Cyprus and Greece expressed the support of their governments in taking the project forward. The conclusion of the necessary studies will mark the beginning of the implementation of the interconnector electric cable.

The submarine EuroAfrica Interconnector will secure the participation of Greece, Cyprus and Egypt in the pan-European electricity grid. Through this project, three countries are to gain energy security and independence and will be able to export power to European countries with energy deficit, according to the press release.

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

Premier Energy Motor Oil joint venture hybrid power plants Romania

Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania

24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage

Turkish firm mature PV 214 MW Romania Econergy

Turkish firm buys mature PV project of 214 MW in Romania from Econergy

21 June 2024 - Entek Elektrik's subsidiary Enspire Enerji took over a 214 MW solar power project in Romania from Israel-based Econergy

Cascading-power-grid-failure-causes-blackout-in-BiH-Montenegro-Albania-Dalmatia

Cascading power grid failure causes blackout in BiH, Montenegro, Albania, Dalmatia

21 June 2024 - Overloads in key electricity interconnections led to unprecedented outages in BiH and Montenegro today while the power was out in much of Croatia and Albania as well

Renalfa largest battery facility Bulgaria into operation

Renalfa IPP puts largest battery facility in Bulgaria into operation

21 June 2024 - Renalfa IPP has started the commercial operation of its first utility-scale battery energy storage system