Greece has also agreed with Cyprus and Israel to build the world’s longest and deepest underwater power cable to link their grids at a cost of about $900 million, although Turkey is tightening ties with Israel now too. ![]() IPTO and National Grid will each hold a 50 percent stake, the Greek ministry said, although it wasn’t said when the connection would be made or how it would be transferred to other countries in Europe.Ībout 40 percent of power is produced by renewables in Greece, which is looking to build an undersea cable linking its grid to Egypt in boosting its role in supplying cheap energy from renewables.īut Prime Minister Kyriakos Mitsotakis earlier said his New Democracy government had no choice to also for now go back to using coal-fired plants to produce electricity in the country after Russia’s invasion of Ukraine. The memorandum of understanding on the 1,200. Officials from the countries discussed the idea in 2022 when Crown Prince Mohammed bin Salman made Greece his first stop after being accused of ordering the murder of Washington Post columnist Jamal Khashoggi. Cyprus, Israel and Greece on Monday signed an initial agreement on laying the world’s longest undersea power cable linking their electricity grids. power grid and provides cash to needy families. renewable power and just over half via off-grid systems. That will be charged with looking into the commercial viability of the power interconnection, the ministry said in a statement, not adding why that wasn’t done before making the agreement. via the United Nations, an arrangement encouraged and approved by Israel. Technical solutions to support the stability of power grids with high shares. Greece’s Energy Ministry said the country’s Independent Power Transmission Operator (IPTO) Saudi Arabia’s National Grid will set up a company, Saudi Greek Interconnection, reported Reuters. ATHENS – Tightening their relationship, Greece and Saudi Arabia struck a deal to establish a joint company that will explore linking their power grids in a plan that would carry cheaper green energy to the rest of Europe. NICOSIA, Cyprus (AP) The European Union has earmarked 657 million euros (736 million) for the construction of a 2,000-megawatt undersea electricity cable that will link the power grids of Israel, Cyprus and Greece, Cypriot Energy Minister Natasa Pilides said Thursday.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |