The energy regulator (Cera) said on Tuesday it is “under pressure” to consent to Cypriot consumers paying a fee from now for the Great Sea Interconnector, the mooted subsea electricity ...
The European Commission has raised questions over geopolitical risks surrounding the construction of the Great Sea Interconnector, it emerged on Friday.
According to CNA, the Commission requested a teleconference over ...
Without transparency and proper financial analysis, the Great Sea Interconnector risks turning into a bane for Cypriot consumers, the House commerce committee chairman said on Wednesday.
Disy MP Kyriacos Hadjiyiannis, ...
Energy Minister George Papanastasiou is on Thursday expected to take delivery of a cost-benefit analysis for the Great Sea Interconnector project.
The analysis is set to be handed over by ...
Europe and the European Commission (EC) consider electricity grid interconnections between member states as strategically important, contributing to Europe’s energy security. They offer economic efficiency, provide reliability to the ...
Cyprus’ decision on investing in the Great Sea Interconnector project will hinder whether the cost-benefit analysis is approved, it was reported on Wednesday.
Speaking to CyBC in the morning, Energy ...
Greece’s independent power transmission operator (Admie) will next week formally deliver to the Cypriot government its cost-benefit analysis for the Great Sea Interconnector – the mooted subsea electricity cable linking ...
Cyprus’ Energy Regulatory Authority (Cera) has received on Monday the proposal of Greece’s Independent Power Transmission Operator (Admie) on what the revenue of the Israel-Cyprus-Greece (Great Sea Interconnector) electricity ...
The energy minister on Tuesday sounded favourably disposed towards the state investing directly in a mooted subsea electricity cable linking Cyprus to Greece, but MPs pushed back citing the political ...
Cyprus’ final decision over whether to stump up the required €100 million to partake in the Great Sea Interconnector is still pending, Energy Minister George Papanastasiou said on Tuesday.
The government ...
Greece’s Independent Power Transmission Operator (Admie) said Monday it has signed a memorandum of understanding with a major asset manager interested in acquiring a direct stake in the company ...
Cypriot consumers could save as much as €400 a year with the introduction of the Great Sea Interconnector – a mooted subsea electricity cable linking Cyprus to Greece – its promotors said on ...
The first results of the cost-benefit study requested by the energy ministry for the Greece-Cyprus Great Sea Interconnector electricity project are anticipated to be unveiled by the end of May, ...
Cypriot consumers should not pay anything for the Great Sea Interconnector until the project is up and running, the energy minister asserted on Monday.
“It’s a matter of principle,” ...
By Tom Cleaver and Nikolaos Prakas
Cyprus responded to Greece’s warnings over Nicosia missing deadlines for the Great Sea Interconnector undersea cable project, saying on Friday that they are ...
The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent ...
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 ...
Cyprus’ and Israel’s Energy Ministers George Papanastasiou and Eli Kohen agreed on Wednesday to continue promoting joint energy projects, with the Great Sea Interconnector touted as a top priority ...
Cyprus has been urged to cough up its €100 million financial share in the Great Sea Interconnector project in a meeting between Finance Minister Makis Keravnos and Greece’s Independent Power ...
The Great Sea Interconnector is a “landmark project”, President of the House finance committee Christiana Erotokritou told the European parliament in Brussels on Tuesday.
She said the cross-border benefits of ...
The cabinet has authorised the finance minister and the energy minister to make a final investment decision on the Great Sea Interconnector.
Following a cabinet meeting on Wednesday, Energy Minister ...
Cabinet failed to decide on Friday whether or not Cyprus will participate in the Great Sea Interconnector, with a final decision now expected next week.
A decision had been initially ...
A decision on whether the Republic will participate as shareholder in the Great Sea Interconnector project is expected to be taken on Thursday, state officials have announced.
Finance Minister Makis ...
President Nikos Christodoulides on Friday spoke about the possibility of a “Great Sea Interconnector” with the United Arab Emirates’ Deputy Foreign Minister and a delegation of the country’s Taqa ...