Significant step for the Cyprus-Israel electricity interconnection project
IPTO (Independent Power Transmission Operator) is moving dynamically towards the implementation of the "Great Sea Interconnector" project, which aims to connect the electricity grids of Greece, Cyprus, and Israel.
IPTO's investment proposal represents a critical development for the energy security of the wider region. This project is expected to strengthen cooperation between the three countries, enabling the exchange of electricity via submarine cables.
With the acceleration of procedures, the project is gaining new momentum, as the interconnection is considered of strategic importance for the energy transition. Greece's participation through IPTO underscores the country's role as an energy hub in the Eastern Mediterranean.
The completion of the Great Sea Interconnector will offer significant benefits, reducing energy costs and enhancing grid stability. The next steps taken by the involved stakeholders will determine the timeline for the commencement of construction works.