Cyprus and Greece are to sign a memorandum of understanding to intensify efforts to promote the 2,000 MW EuroAfrica Interconnector electricity cable linking Egypt’s power grid to Europe, via Cyprus and Crete.
Electricity interconnectors bridging Cyprus with the broader geographical region are crucial for its diplomacy while improving its game to become a clean energy hub. In an interview with Phileleftheros daily, Andreas Poullikkas,
EuroAsia Interconnector, the Israel-Cyprus-Greece cable that will transmit 1,000MW of electricity from the eastern Mediterranean to energy-hungry Europe, has recruited Nobel economics laureate Sir Christopher Pissarides to head its ‘economic council’ advisory
EuroAfrica Interconnector, developer of the 498km Egypt-Cyprus ‘electricity highway’, is a step closer to implementation and keeping its December 2023 timeframe, after receiving binding bids from two leading global cable suppliers for
Next year will see several changes in the Cyprus electricity sector, with the energy regulator saying that two interconnector cables ready by 2023 will transform the island into a regional hub. Presenting
A month after completing all licensing procedures in Cyprus for the EuroAsia Interconnector subsea electricity cable, licenses for the second ‘electricity highway’, the EuroAfrica Interconnector have been issued. Daily Phileleftheros reported that
Good news for consumers, the Cyprus Electricity Authority (EAC) is to continue applying a 10% reduction on its electricity bills until September. In an announcement it issued on Wednesday, the EAC said
The disruption to energy markets and enduring behaviour changes caused by the coronavirus crisis, may deliver lasting change to energy consumption, Moody’s Investors Service said in a report, with the oil and
EuroAsia Interconnector, the Cyprus-Greece subsea electricity cable, got the go-ahead this week when energy ministers of both countries co-signed the project’s application for grants from the ‘Connecting Europe Facility’ (CEF), the EU’s
Industrial giant Siemens AG has been chosen as the preferred bidder to build the Cyprus-Greece electricity connection, with regulators discussing issues of interoperability to ensure linking their national grids goes ahead smoothly.