EU energy crisis: Egypt to deliver 3,000 MW of electricity through an 853-mile-long undersea cable

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יום רביעי 24.04.2024

EU energy crisis: Egypt to deliver 3,000 MW of electricity through an 853-mile-long undersea cable

11/10/2022 12:10

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The project will take 7-8 years. An 853-mile-long (1,373 km) undersea electricity cable connecting Egypt with Europe has been touted to help Europe's impending energy crisis amidst Russia's war with Ukraine.

The undersea cable from northern Egypt to Attica, Greece, will be able to transport 3,000 MW of electricity, which is enough to power up to 450,000 homes, according to a report published by Euronews last month.

The project is being carried out by the Copelouzos Group, one of Greece's largest infrastructure investors, who met with the Egyptian officials earlier in September to expedite the process.

"By bringing 3,000 MW of clean energy to Europe via Greece, we are helping Europe wean itself off Russia's fossil fuels and natural gas," Ioannis Karydas, the CEO of Copelouzos Group, told Euronews.

"Also, the green energy we will transport will be much cheaper than today's energy prices. You understand that this will help both Greek and European consumers."

The project called "GREGY interconnection" is estimated to cost 3.5 billion Euros and has been designated by the European Union (EU) as a Project of Common Interest (PCI), a top priority.

And through underwater cables connected to wind and solar parks, the project will help transport renewable electricity generated in Egypt and other African nations to Europe.

InteresningEngineering | Baba Tamim | 5/10/22

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