* . * . . .
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
Friday, July 18, 2025
Love Europe
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
Love Europe
No Result
View All Result
Home Cyprus

Cyprus signs agreement with Greece on ‘world’s longest’ subsea high-voltage cable – Euractiv

September 25, 2024
in Cyprus
Cyprus signs agreement with Greece on ‘world’s longest’ subsea high-voltage cable – Euractiv
Share on FacebookShare on Twitter
ADVERTISEMENT

#Cyprus is in “advanced consultations” with the United Arab Emirates #UAE regarding the establishment of a joint company to participate in the share capital of the Great Sea Interconnector cable #GSI connecting the electrical grids of
Cyprus 🇨🇾 , Greece 🇬🇷 and later Israel 🇮🇱 ,… pic.twitter.com/J3hdRrh7ul

— Marios Karatzias (@MariosKaratzias) September 21, 2024

On completion, project promoters say it would be “the world’s longest” such high-voltage cable at 1,240 km (770.5 miles) and also the deepest at 3,000 metres.

Based on the MoU signed on Friday night, work on the project will resume in coming days, the two ministries said on Saturday.

Cyprus has proven gas reserves but they have not been tapped. The island still relies on heavy fuel oil to generate electricity, with costs to consumers considerably more than their counterparts in continental Europe.

Although not disputing the need for alternative sources of energy or the GSI itself, there had been hold-ups on the Cyprus end as Nicosia sought clarifications on the total cost of the project, its viability and any liabilities for unforeseen delays.

“This is a project of strategic importance for Cyprus, Greece and the EU since it will link Cyprus to the electricity network of Europe, facilitating its energy transition and the aim of Greece to be a conduit of clean energy,” the ministries said.

Read more with Euractiv

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66f3c44e3b2b4926849b14d3e8394554&url=https%3A%2F%2Fwww.euractiv.com%2Fsection%2Fenergy%2Fnews%2Fcyprus-signs-agreement-with-greece-on-worlds-longest-subsea-high-voltage-cable%2F&c=13463408519569565067&mkt=de-de

Author :

Publish date : 2024-09-21 21:23:00

Copyright for syndicated content belongs to the linked Source.

Tags: CyprusEurope
ADVERTISEMENT
Previous Post

Video: Hundreds rally in Copenhagen, Denmark to condemn Israeli attacks on Lebanon and Gaza

Next Post

Lidl Bulgaria opens first store in Karnobat

Related Posts

Cyprus finance ministry welcomes IMF evaluation of economic system – Cyprus Mail – EUROP INFO
Cyprus

Cyprus finance ministry welcomes IMF evaluation of economic system – Cyprus Mail – EUROP INFO

Cyprus

Rival leaders of break up Cyprus make inroads to work collectively however rift stays – Goshen Information – EUROP INFO

Cyprus

USS Wasp (LHD 1) arrives in Limassol, Cyprus for mid-deployment voyage restore – navy.mil – EUROP INFO

ADVERTISEMENT

Highlights

Trump’s Change on Ukraine Brings Hope for Europe-At Least for Now

Malta Abandons Golden Passport Program to Boost Citizenship-by-Merit Initiative

Grace Kelly’s Granddaughter Transforms Iconic ’50s Gown with Stunning 2025 Twist at Monaco Gala

US, Albania, Turkey, and Montenegro Experience Remarkable Tourism Growth, Paving the Way for Greece’s Strategic Focus on Sustainability and Innovation

Netherlands Transforms Decommissioned Trains into Mobile Military Hospitals Amid Rising War Threats

Categories

Archives

September 2024
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« Aug   Oct »
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2024 Love-Europe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version