![]() ![]() The cable, which will be laid at a maximum depth of 2,700 meters (nearly 9,000 feet), will have a capacity of 1,000 to 2,000 megawatts. Once completed, the undersea power cable will be the longest and deepest in the world, according to the ministry. “The Euro-Asia Interconnector underwater power 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, and help us meet the government’s 2030 solar energy targets,” he said.Ĭypriot Energy Minister Natasa Pilides said that the MoU marked “a decisive step towards ending the island’s energy isolation and, consequently, our dependence on heavy fuels.” Steinitz called the MoU “great news for the citizens of Israel,” according to a ministry statement. The East Med gas pipeline and a subsea electricity grid interconnection to link Israel with Greece and Cyprus, projects whose prospects have grown as a. The project, called the “ Euro-Asia Interconnector,” will help Israel build on more options for renewable energy, contribute to energy security and reduce energy prices, said Israeli Energy Minister Yuval Steinitz at the signing ceremony in Nicosia. Israel, Cyprus and Greece signed a Memorandum of Understanding (MoU) on Monday regarding a project to link their power grids via the construction of the world’s longest and deepest undersea power cable. The $9 billion Euro-Asia Interconnector will be the world’s longest and deepest underwater power cable, according to Israel’s Energy Ministry. Its total offshore length is 1208 km (310 km Cyprus to Israel, 898 km Cyprus to Crete), while its onshore length is 25 km.Twitter Israel, Cyprus, Greece to link power grids via undersea cable At full deployment, the 500 kV interconnector will allow the transfer of 2000 MW. The interconnector is a multi-terminal high-voltage, direct current scheme which will connect the transmission networks of Greece, Cyprus and Israel, and will comprise three converter stations with sea-electrodes, interconnected by cables. The project has also been awarded a €100 million grant from the EU’s Recovery and Resilience Facility. This is the second highest grant ever under CEF, after the award made to the Baltic synchronisation. The first phase of the project, with total estimated construction costs of €1.57 billion, received a €657 million EU grant under the Connecting Europe Facility (CEF). As a second phase, once the link to Crete is completed, an electricity link between Cyprus and Israel will be constructed. The EuroAsia interconnector is a Project of Common Interest (PCI) under the 5th Union List comprising a 1,200 km undersea cable from Israel to Crete via Cyprus. We hope for a speedy construction process to make this project a reality as soon as possible. The EuroAsia Interconnector is yet another key infrastructure project strengthening the EU’s energy security by linking Cyprus to the EU’s electricity grid and contributing to our ambitious decarbonisation objectives. ![]() In her speech at the ceremony, Commissioner Simson said By boosting electricity interconnectivity, it will also help the integration of renewable energy sources in the region. The EuroAsia Interconnector will reinforce the security of energy supply for Cyprus and Crete, integrating their energy systems with the European networks through mainland Greece. The project, which has been politically and financially supported by the EU, will bring an end to Cyprus’s energy isolation, effectively making all EU countries physically connected to the EU electricity grid. Its completion is expected by the end of 2026. The interconnector will be the deepest and longest submarine electricity interconnection in the world. This EU Project of Common Interest will consist of a 1000 MW undersea cable connecting the electricity grids of Cyprus and Greece via Crete. Commissioner for Energy, Kadri Simson, participated today together with the President of Cyprus, Nicos Anastasiades, and the Ministers for Energy of Cyprus (Natasa Pilides) and Greece (Kostas Skrekas) in a ceremony in Nicosia marking the start of the construction stage of the EuroAsia Interconnector.
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