![]() ![]() 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.Īccording to the ministry, the project is expected to cost a bit more than $9 billion, part of which is to be provided by the European Union, which has recognized the undertaking as a Project of Common Interest. 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.” it will allow the flow of electricity to be diverted via an alternative cable. Cyprus, Greece and Israel on Monday signed an initial agreement to build the world’s longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about 900 million and link their electricity grids. Steinitz called the MoU “great news for the citizens of Israel,” according to a ministry statement. Our power networks are facing a period of unprecedented changes as they. 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. Twitter Israel, Cyprus, Greece to link power grids via undersea cable The EuroAfrica Interconnector comprises the electricity interconnection between the grids of Egypt, Cyprus and Greece (Europe) through a subsea DC cable and.
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