SUBSCRIBE
PROFILE

EETC and Scatec launch studies on the Egypt-Europe power interconnection project

Egypt and Norway are partnering on a major power interconnection project between Egypt and Europe via Italy. This ambitious project aims to export up to three gigawatts of electricity from Egypt to Europe via an undersea cable. This initiative strengthens the ties between Egypt and the European Union in the field of renewable energy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

On May 15, according to a government statement, the Egyptian Electricity Transmission Company (EETC) signed a memorandum of understanding with the Norwegian company Scatec ASA, which specializes in renewable energy solutions, to conduct studies on the Egypt-Europe power interconnection project via Italy.

Exporting electricity from Egypt to Europe

As part of the agreement, Scatec will have to obtain approval from the Italian grid operator and appoint an international consultant to identify the renewable energy sources that will be exported, decide on the necessary infrastructure elements, determine the route of the submarine cable and how it will be installed, said Sabah Mashaly, CEO and managing director of EETC.

The project aims to export electricity from Egypt to Europe via an undersea cable with a capacity of three gigawatts (GW), she added. This agreement is part of the strengthening of bilateral relations between Egypt and the European Union, especially in the field of renewable energy, said the Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker.

  • Popular on energynews.pro
Carbon capture technologies emerge as industrial lever by 2035
GreenYellow signs 15-year hybrid solar contract with Thai retailer Dohome
Aksa Enerji to build 119 MW thermal power plant in Burkina Faso
Vikram Solar opens 5 GW plant in Vallam, reaches 9.5 GW capacity
Sunsure Energy signs long-term solar agreement with Bisleri in India
United Arab Emirates launches $1 billion energy plan in Yemen
Global South Utilities is investing $1 billion in new solar, wind and storage projects to strengthen Yemen's energy capacity and expand its regional influence.
UK and FirstRand mobilise $150mn to accelerate Africa’s energy transition
British International Investment and FirstRand partner to finance the decarbonisation of African companies through a facility focused on supporting high-emission sectors.
Hungary commits to supporting Serbia after oil shipments halted
Budapest moves to secure Serbian oil supply, threatened by Croatia’s suspension of crude flows following US sanctions on the Russian-controlled NIS refinery.
Russia steps up energy rapprochement with China despite sanctions
Moscow says it wants to increase oil and liquefied natural gas exports to Beijing, while consolidating bilateral cooperation amid US sanctions targeting Russian producers.
EIB commits €2bn to strengthen EU energy influence in Africa
The European Investment Bank is mobilising €2bn in financing backed by the European Commission for energy projects in Africa, with a strategic objective rooted in the European Union’s energy diplomacy.
Russian oil and gas revenues fall 35% as sanctions tighten grip
Russia faces a structural decline in energy revenues as strengthened sanctions against Rosneft and Lukoil disrupt trade flows and deepen the federal budget deficit.
The United States targets Iranian oil logistics and exposes Asian intermediaries
Washington imposes new sanctions targeting vessels, shipowners and intermediaries in Asia, increasing the regulatory risk of Iranian oil trade and redefining maritime compliance in the region.
Washington authorises flows to Paks II and inserts US interests into Hungary’s nuclear sector
OFAC’s licence for Paks II circumvents sanctions on Rosatom in exchange for US technological involvement, reshaping the balance of interests between Moscow, Budapest and Washington.
Small EU states strengthen energy influence in Africa via Global Gateway
Finland, Estonia, Hungary and Czechia are multiplying bilateral initiatives in Africa to capture strategic energy and mining projects under the European Global Gateway programme.
Lula advocates for unconstrained fossil fuel phase-out amid tensions at COP30
The Brazilian president calls for a voluntary and non-binding energy transition during COP30 in Belém, avoiding direct confrontation with oil-producing countries.
Sub-Saharan Africa captures 2.3% of global renewable investment in 2024
The region attracted only a small share of global capital allocated to renewables in 2024, despite high energy needs and ambitious development goals, according to a report published in November.
Washington strengthens nuclear deal with Seoul and grants enrichment access
The United States approves South Korea’s development of civilian uranium enrichment capabilities and supports a nuclear-powered submarine project, expanding a strategic partnership already linked to a major trade agreement.
EU finance ministers approve reparations loan based on frozen Russian assets
The EU member states agree to prioritise a loan mechanism backed by immobilised Russian assets to finance aid to Ukraine, reducing national budgetary impact while ensuring enhanced funding capacity.
Canada approves second series of energy projects worth $56 billion
The Canadian government commits $56 billion to a new wave of infrastructure projects aimed at expanding energy corridors, accelerating critical mineral extraction and reinforcing strategic capacity.
Germany grants $24.3 million to Nigeria to accelerate its energy transition
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
COP30 opens in tension as negotiations fail on initial agenda
COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.
Washington locks in Kazakh tungsten supply and frames its C5+1 bet
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
Trump grants Orban oil exemption in exchange for US gas deal
The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.
G7 launches over 20 projects to counter Chinese influence on critical minerals
Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
Trump cuts US fentanyl-related tariffs on China to 10%
Donald Trump announces an immediate reduction in tariffs on Chinese fentanyl-related imports from 20% to 10%, potentially impacting energy flows between Washington and Beijing.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.