![]() ![]() ![]() ![]() The Israeli ministry said that the European Union has recognised the cable as a “Project of Common Interest” and was willing to partly fund it. 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. Steinitz said the cable “will allow us to receive electricity backing from the power grids of the European continent in times of emergency and more importantly will also support our ability to significantly increase reliance on solar power generation.” The cable will have a capacity of 1,000-2,000 megawatts (MW) and is expected to be completed by 2024, according to Israel’s energy ministry.With a length of about 1,500 km and a maximum depth of 2,700 metres, it will be the longest and deepest subsea electricity cable to have ever been constructed, it said. The project, called the Euro-Asia interconnector, will provide a back-up power source in times of emergency, said Israeli Energy Minister Yuval Steinitz, who was in Nicosia to sign a memorandum of understanding with his counterparts.Ĭypriot Energy Minister Natasa Pilides said it marked “a decisive step towards ending the island’s energy isolation, and consequently, our dependence on heavy fuels.” (photo credit: KOBI GIDEON/GPO)Ĭyprus, Greece and Israel on Monday signed an initial agreement to build the world’s longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about $900 million and link their electricity grids. The EuroAsia grid interconnector the longest and deepest in the world will connect Greece, Israel, and Cyprus. Project: The Interconnection of the Cyclades with the Continental Interconnected High Voltage SystemĪuthor: Theodore Karaoulanis (euractiv.With a length of about 1,500 km and a maximum depth of 2,700 metres, it will be the longest and deepest subsea electricity cable to have ever been constructed, the Energy Ministry said.īy REUTERS MA13:58 Trilateral meeting with Israel, Greece and Cyprus, the Cyber Center in Beer Sheva, 2018. It aims to ensure a reliable and cost-effective power supply to the islands for between 30 to 40 years. The project, which is ahead of schedule and currently in its third and final phase, is due for completion in 2024. Cyprus, Israel and Greece on Monday signed a memorandum of understanding (MoU) on cooperation in relation to the EuroAsia Interconnector, taking another step towards the implementation of an. The ERDF is providing EUR 276 million (35 %) of the EUR 782.4 million total budget. In addition, the islands will be able to receive green energy from the mainland and feed their own green energy back into the grid. Since no overhead transmission lines are required, the natural beauty of the islands will be preserved. This will reduce pollution from fuel-oil-based power generation. The islands of Syros, Paros, Mykonos, Andros, Tinos, Naxos, Santorini, Milos, Folegandros and Serifos will be connected to the mainland network by an undersea cable. This will reduce pollution and enable greater use of electricity from renewable sources. Ten islands in the Cyclades will be connected to mainland Greece’s power grid in a multi-million-euro ERDF-funded project. 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. The first HVDC transmission system to be implemented as part of the European Unions Trans-European Networks (TEN) initiative was an HVDC link installed between. The three Mediterranean countries of Greece, Cyprus and Israel signed this week an agreement to develop a subsea cable that links their electricity grids. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |