Greece and Egypt reaffirm their commitment to an undersea power cable

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Greece and Egypt reaffirm their commitment to an undersea power cable

Greece and Egypt reaffirmed their commitment Wednesday to a proposed undersea electricity interconnection designed to transport renewable energy from North Africa to Europe.Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah el-Sissi renewed the pledge during talks in Athens, following the signing of cooperation agreements across multiple sectors.The planned 3,000-megawatt capacity cable will stretch nearly 1,000 kilometers (620 miles) across the eastern Mediterranean and has secured backing from the European Union, making it eligible for significant EU funding.“This will allow both Greece and Europe to import low-cost energy – primarily wind energy, which you are able to produce very ..