#Latest news with #energyexpansionBloomberg27-05-2025BusinessBloombergGreece Hooks Up Undersea Power Link to Crete as Part of Mediterranean Grid PlansATHENS, Greece (AP) — Greece announced Monday it has completed the work on an undersea power cable link connecting the mainland to the island of Crete, a key step in its ambitious plan for a wider expansion of the grid in the Eastern Mediterranean that will eventually include Cyprus and Israel. The 1 billion euro ($1.14 billion) link spanning 330 kilometers (205 miles) was plugged in on Saturday and is expected to be fully operational this summer, Greece's grid operator said.
Bloomberg27-05-2025BusinessBloombergGreece Hooks Up Undersea Power Link to Crete as Part of Mediterranean Grid PlansATHENS, Greece (AP) — Greece announced Monday it has completed the work on an undersea power cable link connecting the mainland to the island of Crete, a key step in its ambitious plan for a wider expansion of the grid in the Eastern Mediterranean that will eventually include Cyprus and Israel. The 1 billion euro ($1.14 billion) link spanning 330 kilometers (205 miles) was plugged in on Saturday and is expected to be fully operational this summer, Greece's grid operator said.