euroasia interconnector project

energy interconnector

Cera Receives Proposal on Great Sea Interconnector

The Energy Regulatory Authority of Cyprus, Cera, has received a proposal from Greece’s Admie for the groundbreaking Great Sea Interconnector project, connecting power grids of Israel, Cyprus, and Greece. This project aims to boost energy security, integrate renewable sources, and potentially lower energy costs in the Mediterranean region by reducing reliance on fossil fuels.

energy interconnector

Greece Warns Cyprus Against Missing Interconnector Deadlines

Greece has warned Cyprus about the crucial importance of meeting deadlines for the Great Sea Interconnector project, connecting Israel, Cyprus, and Greece. Failing to meet these deadlines could result in Cyprus losing financial support from the European Commission and jeopardize the region’s energy integration efforts.

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Cyprus Deliberates Strategic Investment in EuroAsia Interconnector

Cyprus is considering a significant investment in the EuroAsia Interconnector, a project that aims to connect the electrical grids of Cyprus, Greece, and Israel via a subsea cable. The Cypriot government may invest €100 million to coown a new company managing the CyprusCrete segment, contributing to regional energy security and sustainability.

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President to Meet Officials Over EuroAsia Interconnector Project

President Nikos Christodoulides is set to meet with officials from the Independent Power Transmission Operator (ADMIE) to discuss the EuroAsia Interconnector project, which aims to connect Cyprus to Greece and Israel, ending the country’s electrical isolation. The project, backed by a €657 million grant from the EU, is expected to enhance energy security, potentially reduce electricity costs, and is designated as a Project of Common Interest, highlighting its importance for the Eastern Mediterranean energy infrastructure.

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