Europe: TTF gas prices...

In the first week of November 2025, TTF natural gas futures traded within...

Region: Electricity prices in...

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply...

Montenegro to open first...

The Montenegrin Ministry of Energy announced that it will open bids for the...

Montenegro: Average household electricity...

The average household electricity bill in Montenegro for October 2025 amounted to 32.21...
Supported byClarion Energy
HomeSEE Energy NewsGreece: Submarine electricity...

Greece: Submarine electricity cable finally connecting Crete and Peloponnese

The submarine electricity cable connecting the island of Crete to the mainland has reached the Peloponnese peninsula, thus completing the first phase of project aimed to bring cleaner electricity to the island, Greek electricity transmission system operator ADMIE announced.

Construction works have concluded near Chania and Neapoli in Laconia, and ADMIE piloted the electrification of all parts of the cable, both in the sea and on land. This interconnection is the first step on the Crete’s transition to a cleaner energy mix, as it will cover one third of the island’s electricity needs, replacing the production of expensive and polluting diesel-fired power plants on the island.

The first phase will be followed by the construction of a second undersea cable connecting Iraklio in Crete with Attica, a project which is expected to be completed by the end of 2023. When its full interconnection is complete, the CO2 emissions stemming from electricity production on Crete will drop to zero, dramatically improving the environmental footprint of the island. In addition, consumers in the country will save up to 400 million euros per year from electricity bills.

The Crete interconnection project should eventually be connected to another submarine cable that Cyprus, Greece and Israel plan to build to interconnect their power networks – the so-call Euro-Asia Interconnector.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable as ExxonMobil and partners sign exploration deal for Greece’s Block 2

In the first week of November 2025, TTF natural gas futures traded within a narrow range between €31.20 and €32.55 per MWh, showing limited volatility and remaining close to late-October levels. This stability reflected a short-term balance between supply...

Region: Electricity prices in SEE surge in Week 45 amid higher demand and lower renewable output

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply compared to the previous week, driven by stronger demand and lower renewable generation. Except for Türkiye, Croatia, and Italy, all SEE markets recorded weekly average prices...

Montenegro to open first renewable energy auction for 250 MW of solar capacity

The Montenegrin Ministry of Energy announced that it will open bids for the country’s first renewable energy auction on 12 November, marking a major step forward in the nation’s clean energy transition. Launched in July with support from the European...
Supported byVirtu Energy
error: Content is protected !!