Cyprus, Greece and Israel to connect energy grids
Brussels (Brussels Morning) Cyprus, Greece and Israel have agreed to connect their energy grids by building the longest and deepest submarine power cable in the world, DW reports.
The move will help diversification of power sources and enhance and strengthen the energy independence of the three Mediterranean countries.
The planned EuroAsia Interconnector project, worth 760 million euro and financed in part by the EU, will integrate Cyprus into the bloc’s grid as well as connect Europe with Western Asia.
Natasa Pilides, the Minister of Energy, Commerce and Industry of Cyprus, and her counterparts from Israel, Yuval Steinitz, and Greece, Kostas Skrekas, acclaimed the project as an outcome of common interest.
Pilides said it represents a “decisive step towards ending the island’s energy isolation, and consequently, our dependence on heavy fuels”. She noted that all three countries would benefit from increased interconnection.
Steinitz said Israel sees the project as a fall back alternative that would allow the country to “receive electricity backing from the power grids of the European continent in times of emergency.”
Detail of the project
The longest section of the planned Mediterranean cable, about 900 kilometres, will connect the Greek island of Crete with Cyprus.
Sections connecting Crete to mainland Greece and Israel to Cyprus would be approximately 310 kilometres in length.