Egypt, Cyprus sign MoU to connect electricity grids via subsea cable
Oct 17 2021
Egypt and Cyprus signed yesterday an MoU that would see them connect their electricity grids, Reuters reports. “Fortifying our electricity grids and allowing the further integration of renewables in our respective energy mix, enhancing the security of our energy supply and enabling us to become exporters of energy, are but a few of the tangible benefits,” Cyprus Energy Minister Natasa Pilides said at the signing.
The MoU, which sets out a framework of cooperation from planning to implementation, could see Egypt and Cyprus exchange up to 2 GW of electricity, Shaker told Youm7 following the signing ceremony. This could then possibly be bumped up to 3 GW, he added.