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GREEK NEWS

Greece, Cyprus, Israel discuss electricity interconnection project

October 24, 2023
Economy

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A teleconference about the electrical interconnection project of Greece, Cyprus and Israel was held on Tuesday by the three countries’ power operators.

Participating in it were Greece’s Independent Power Transmission Operator (IPTO), Cyprus’ Transmission System Operator Cyprus (TSOC), and Israel’s Independent System Operator (NOGA).

They discussed issues relating to the cost-benefit study of the project whose maturity Cyprus and Israel are progressing.

This is a key prerequisite for the project’s cross-border cost-allocation agreement, which regulatory authorities in these two countries will be required to sign off on.

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