Connection

popular articles

Japan Restarts Nuclear Reactor Near Fukushima Amid Safety Concerns
Perenco’s Strategy in the Congo to Reach 100,000 Barrels per Day
The Greenfin label revised to better align with the European Green Taxonomy
Zimbabwe: towards a new energy era with gas from Cabora Bassa
Syntholene secures 20 MW energy agreement powered by geothermal energy

The €4.2bn electricity project between Egypt and Greece takes shape

The Gregy-Elica submarine interconnection aims to deliver green electricity from Egypt to Greece, with confirmed support from the European Union and strengthened bilateral commitments.
  • [favorite_button]

Please share:

The electricity interconnection project between Egypt and Greece, backed by the European Union, was described as a “strategic step” by Egyptian President Abdel Fattah al-Sissi during an official visit to Athens. With a budget of €4.2bn ($4.52bn), the Gregy-Elica Interconnector will link the two countries through a submarine cable to export electricity generated in Egypt to the European market via Greece.

Energy infrastructure and regional role

Signed in 2022, the project aims to establish Greece as an energy transit point in the Eastern Mediterranean. Electricity transmitted from Egyptian power plants will supply not only Greece but also neighbouring countries, thereby reinforcing regional energy integration. According to Egyptian authorities, this will be the first direct link for renewable energy exports from Egypt to Europe.

Greek group Kopelouzos, responsible for building the infrastructure, presents the interconnection as a strategic tool to transform Greece into a regional energy hub. The Egyptian president called for continued support from the European Union to ensure progress and accelerate implementation.

Diplomatic deployment and bilateral cooperation

Abdel Fattah al-Sissi’s official visit to Athens coincided with the first meeting of the Egypt-Greece Cooperation Council. This new bilateral body resulted in the signing of a declaration on strategic partnership, covering cooperation in energy, economy, trade, security, and migration.

Greece is also participating in another interconnection project with Cyprus and Israel, aiming to link the power grids of the three countries. This initiative has triggered regional tensions, particularly with Turkey, which disputes certain maritime boundaries in the Eastern Mediterranean.

A precedent in energy cooperation

In 2020, Athens and Cairo had already signed an agreement demarcating their exclusive economic zones (EEZ), establishing a legal framework for maritime cooperation. This move followed Turkish gas exploration efforts in the region.

The Gregy-Elica project is part of a broader context of intensified energy cooperation in the Mediterranean, aiming to secure regional supply and enhance network integration between North Africa and Southeast Europe.

Register free of charge for uninterrupted access.

Publicite

Latest news

Agip secures rights over OPL 245 after key court ruling in Nigeria
Next-generation geothermal technologies gain global credibility
ACWA Power to invest up to $10 billion in Malaysia for energy projects
Galp targets 40% increase in oil production in Brazil
Washington cancels $2.92bn loan guarantee granted to Sunnova

Recently published in

City of Richmond approves Raven SR bioenergy project

Raven SR takes a crucial step towards renewable hydrogen production by obtaining a permit for its bioenergy project in Richmond, California. This approval marks a significant step forward in the conversion of organic waste into clean fuels and contributes to the reduction of CO2 emissions.
Nigeria: President Buhari inaugurates a mega-refinery before its commissioning
Nigerian president inaugurates Dangote's mega-refinery, offering the prospect of solving shortages and creating revenue. However, analysts doubt the actual start-up date of the refinery, which could be delayed until the end of 2024.
Design-sans-titre-1-9
Nigeria: President Buhari inaugurates a mega-refinery before its commissioning
Nigerian president inaugurates Dangote's mega-refinery, offering the prospect of solving shortages and creating revenue. However, analysts doubt the actual start-up date of the refinery, which could be delayed until the end of 2024.
Design-sans-titre-1-9
Fidelis New Energy builds its first large-scale facility for the management of captured CO2 in Denmark
Denmark takes a major step forward in the management of captured CO2 with the construction of its first large-scale facility in Aalborg. The Port of Aalborg and Fidelis New Energy unveil ambitious plans to process up to four million tons of CO2 per year, contributing to the country's emission reduction.
Sans-titre-1900-×-900-px-2023-05-16T103706.045
Fidelis New Energy builds its first large-scale facility for the management of captured CO2 in Denmark
Denmark takes a major step forward in the management of captured CO2 with the construction of its first large-scale facility in Aalborg. The Port of Aalborg and Fidelis New Energy unveil ambitious plans to process up to four million tons of CO2 per year, contributing to the country's emission reduction.
Sans-titre-1900-×-900-px-2023-05-16T103706.045
Floating offshore wind may be the solution to decarbonizing the U.S.
Floating wind resources are poised to become a crucial part of the U.S. energy transition. A look back at the industry's rapid growth prospects, the U.S. Department of Energy's ambitious goals, and development opportunities in California, Oregon and the Gulf of Maine.
Sans-titre-1900-×-900-px-2023-05-12T104811.728
Floating offshore wind may be the solution to decarbonizing the U.S.
Floating wind resources are poised to become a crucial part of the U.S. energy transition. A look back at the industry's rapid growth prospects, the U.S. Department of Energy's ambitious goals, and development opportunities in California, Oregon and the Gulf of Maine.
Sans-titre-1900-×-900-px-2023-05-12T104811.728

France: The Senate votes one last time to revive nuclear power

The right-wing majority Senate has largely approved the nuclear revival bill to speed up the construction of new reactors, despite the opposition of the ecologist group, before the final adoption expected on May 16 in the National Assembly.
After BP, TotalEnergies prepares for a climate confrontation at the Annual General Meeting
TotalEnergies, the French oil major, is preparing for a climate debate with some of its shareholders at its general meeting on May 26. An advisory resolution on the group's indirect CO2 emissions, proposed by the activist shareholder organization Follow This, was included in the agenda of the AGM.
Sans-titre-1900-×-900-px-2023-05-02T160037.757
After BP, TotalEnergies prepares for a climate confrontation at the Annual General Meeting
TotalEnergies, the French oil major, is preparing for a climate debate with some of its shareholders at its general meeting on May 26. An advisory resolution on the group's indirect CO2 emissions, proposed by the activist shareholder organization Follow This, was included in the agenda of the AGM.
Sans-titre-1900-×-900-px-2023-05-02T160037.757
EDF: strong increase in activity in Q1, despite a decline in nuclear power
In the first quarter of the year, EDF recorded a 34.6% increase in revenues compared to the same period last year, despite a drop in its nuclear production. High energy market prices and the acquisition of new residential customers in France contributed to this growth.
Sans-titre-1900-×-900-px-2023-05-02T154613.740
EDF: strong increase in activity in Q1, despite a decline in nuclear power
In the first quarter of the year, EDF recorded a 34.6% increase in revenues compared to the same period last year, despite a drop in its nuclear production. High energy market prices and the acquisition of new residential customers in France contributed to this growth.
Sans-titre-1900-×-900-px-2023-05-02T154613.740
Spain: Agreement between Ohmium and E4Efficiency to supply green hydrogen
Ohmium International is partnering with Efficiency for LNG Applications (E4Efficiency) to supply green hydrogen to a liquefied natural gas terminal in Andalusia, replacing the methane used in the gas burner pilot flame. This innovative project is supported by the European Regional Development Fund (ERDF).
Sans-titre-1900-×-900-px-60
Spain: Agreement between Ohmium and E4Efficiency to supply green hydrogen
Ohmium International is partnering with Efficiency for LNG Applications (E4Efficiency) to supply green hydrogen to a liquefied natural gas terminal in Andalusia, replacing the methane used in the gas burner pilot flame. This innovative project is supported by the European Regional Development Fund (ERDF).
Sans-titre-1900-×-900-px-60

France: Nuclear safety reform will not return in final version of acceleration law

The controversial nuclear safety reform is not expected to be included in the final discussions on the nuclear acceleration bill, sources told AFP. Members of Parliament rejected the government's amendment in March and future debates should respect their vote.
France: Engie prepares its customers for the end of the regulated gas tariff
Engie offers its regulated tariff subscribers a bridging offer called "Passerelle" indexed on a reference indicator calculated by the Commission de régulation de l'énergie, which should experience marginal increases, but which allows the user to retain absolute freedom.
Sans-titre-2-7
France: Engie prepares its customers for the end of the regulated gas tariff
Engie offers its regulated tariff subscribers a bridging offer called "Passerelle" indexed on a reference indicator calculated by the Commission de régulation de l'énergie, which should experience marginal increases, but which allows the user to retain absolute freedom.
Sans-titre-2-7
Siberia Force 2023, renewal of Sino-Russian energy cooperation
Russia and China continue their energy cooperation with the Siberian Force 2 pipeline project. This ambitious initiative aims to deliver 98 billion cubic meters of gas to China by 2030, strengthening ties between the two countries.
Siberia Force 2023, renewal of Sino-Russian energy cooperation
Russia and China continue their energy cooperation with the Siberian Force 2 pipeline project. This ambitious initiative aims to deliver 98 billion cubic meters of gas to China by 2030, strengthening ties between the two countries.
Oil prices down despite Russian production cuts
Oil prices started the week lower, despite the announcement of Russian oil production cuts. Concerns about near-term demand have returned to the forefront as the uncertain economic outlook in many major oil-consuming economies, such as the U.S., Europe and even China, persists.
Sans-titre-2023-02-13T172146.972
Oil prices down despite Russian production cuts
Oil prices started the week lower, despite the announcement of Russian oil production cuts. Concerns about near-term demand have returned to the forefront as the uncertain economic outlook in many major oil-consuming economies, such as the U.S., Europe and even China, persists.
Sans-titre-2023-02-13T172146.972

Druzhba back in service

The Druzhba pipeline is resuming pumping in the Ukrainian section after a partial suspension, according to the Russian operator Transneft.
Boralex, Change of CEO
Boralex, a Canadian company, appoints Patrick Simon as Assistant General Manager of Boralex Development, Europe.
Boralex
Boralex, Change of CEO
Boralex, a Canadian company, appoints Patrick Simon as Assistant General Manager of Boralex Development, Europe.
Boralex
Aker Offshore Wind unveils its latest innovation
akeroffshorewind_energynews
Aker Offshore Wind unveils its latest innovation
akeroffshorewind_energynews
AEP commissions the 2nd Park of the North Central Project
AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.|AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.
aep_energynews-2
AEP commissions the 2nd Park of the North Central Project
AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.|AEP commissions the 287 MW Maverick wind farm, the 2nd wind farm of the 1485 MW North Central Wind Energy project in Oklahoma.
aep_energynews-2

Axpo concludes Europe’s largest wind power PPA

Axpo announces the signing of a long-term power purchase agreement with CEZ's Fântânele-Cogealac-Gradina wind farm.|Axpo announces the signing of a long-term power purchase agreement with CEZ's Fântânele-Cogealac-Gradina wind farm.
Acteon supports Siemens Gamesa in the CVOW Project
Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.|Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.
acton_energynews
Acteon supports Siemens Gamesa in the CVOW Project
Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.|Acteon supports Siemens Gamesa with cable trenching for the Coastal Virginia Offshore Wind project near the Virginia coast.
acton_energynews
Amanda Levete designs a one-of-a-kind jet engine
Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.|Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.
amandalevete_energynews
Amanda Levete designs a one-of-a-kind jet engine
Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.|Amanda Levete presents the design of the UK's 1st inertial fusion power plant at the UK Atomic energy authority campus in Culham.
amandalevete_energynews
Avangrid builds 800MW of Offshore Wind in the USA
Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.|Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.
avangrid_energynews-1-1
Avangrid builds 800MW of Offshore Wind in the USA
Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.|Avangrid develops the first large-scale offshore wind project built by unionized workers in the United States.
avangrid_energynews-1-1

Avangrid launches Park City Wind Project in Connecticut

Avangrid launches its new Park City Wind offshore wind project in Connecticut and plans to create 2800 jobs.|Avangrid launches its new Park City Wind offshore wind project in Connecticut and plans to create 2800 jobs.
Atlantic Shores prepares 1.5GW of wind power in New Jersey
Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.|Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.
atlanticshores_energynews
Atlantic Shores prepares 1.5GW of wind power in New Jersey
Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.|Atlantic Shores, a new joint venture between EDF Renewables and Shell New Energies, will boost new energies in New Jersey.
atlanticshores_energynews
Albania Tender for Large Wind Projects
A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.|A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.
calloffers_energynews
Albania Tender for Large Wind Projects
A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.|A call for tenders is launched in Albania to encourage the development of large-scale onshore wind power plants.
calloffers_energynews
Wind power project: Asia’s largest wind farm commissioned
Central Asia's largest wind farm, the Zhanatas project in Kazakhstan, completed with a capacity of 100 MW, is the result of Sino-Kazakh cooperation and addresses the north-south energy imbalance while supporting the country's transition to renewable energies.
parc éolien asie
Wind power project: Asia’s largest wind farm commissioned
Central Asia's largest wind farm, the Zhanatas project in Kazakhstan, completed with a capacity of 100 MW, is the result of Sino-Kazakh cooperation and addresses the north-south energy imbalance while supporting the country's transition to renewable energies.
parc éolien asie

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS