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17. October, 2022

Cyprus and EU launch project connecting the island to EU electricity grid

EACs

Last Friday, EU Energy Commissioner Kadri Simson, inaugurated the EuroAsia Electricity Interconnector, aimed to physically link the island to the EU electricity grid, strengthen energy security and contribute to European climate and energy goals as it will allow Cyprus to export or exchange excess renewable energy.

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The interconnector is a multi-terminal high – voltage project that will comprise three converter stations with sea-electrodes, interconnected by cables. The first stage of the project, expected to be completed by the end of 2026, will connect the island n…

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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