Egypt to begin electricity exports to Europe
The Egypt-Greece electrical interconnection project aims to commence operation in 2031 with a capacity of up to 3,000 megawatts, to enhance the export of electricity to Europe from renewable energy sources. The project involves the installation of a submarine cable, whose route is currently being studied by a technical and environmental team, with a commitment to complete the studies, obtain approvals, and secure funding before tendering in 2028. This project reflects Egypt's strategy to become a regional energy exchange hub, leveraging its strategic location and renewable energy resources, and supports the expansion of the interconnected grid with other countries such as Saudi Arabia and Cyprus.
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