Meeting on Great Sea Interconnector

The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel.

They will also meet with the regulatory authorities of both countries, regarding the Great Sea Interconnector, aiming to link the electricity grids of Cyprus, Greece and Israel.

An initial meeting will take place on Tuesday morning, during which the progress of the Cyprus-Israel electricity interconnection segment, as well as the regulatory decisions and the course of electricity market developments will be discussed.

Representatives of Cyprus’ and Israel’s energy ministers, along with officials of the Cyprus Energy Regulatory Authority (Cera), will then hold talks with Admie operators around the development of the project concerning the electricity interconnection of the two countries.

The entire project has received funding from the EU executive agency for Climate, Infrastructure, and Environment and from the EU’s Connecting Europe Facility for €657 million.

Last week, Energy Minister George Papanastasiou asked Admie to carry out a cost-benefit analysis that would then allow Cyprus to decide definitively on whether to invest directly in a mooted subsea power cable.