Steering Committee for EuroAsia Interconnector “on the right track”

The working groups for the EuroAsia Interconnector energy bridge have been set up and work is already underway for the technical and financial studies to go ahead according to plan. These will be presented to the governments of Israel, Cyprus and Greece by the end of the year, the project’s Steering Committee heard at its first meeting held recently in Nicosia.
The key objective of the meeting was to define the key areas of the feasibility study and its implementation.
Present at the meeting, were senior executives from Israel Electric Corporation (I.E.C.), the Electricity Authority of Cyprus (EAC), DEH-Quantum Energy, the Independent Power Transmission Operator of Greece, the Transmission System Operator of Cyprus, and the University of Cyprus.
DEH-Quantum chairman Nasos Ktorides highlighted the endeavour as a work of life that fosters a feeling of security and freedom of choices between the people of the three countries.
The representatives of the power utilities of Israel, Greece and Cyprus presented the potentials of the electricity power stations of their countries, provided information on energy production and described the national electricity transmission networks. During the presentation, it was confirmed that the networks of the three countries have the required technical compatibility to be interconnected for the transmission of electricity.
After that, the Steering Committee discussed technical matters concerning the project, such as the installation, technology and routing of the undersea cable, as well as organisational issues, such as the structure of the feasibility study, the creation of working teams.
The Business Development Director of DEH-Quantum Energy, George Killas, presented the key objectives to be considered and studied by the working groups, regarding the routing and installation of the submarine cable, as well as the proposed cable technology that could be used for project.
The Steering Committee decided to complete the studies by the end of the year, and present these to the three governments and their responsible authorities for approval. The next meeting of the Steering Committee is expected to be held in mid-June in Israel.