Supported byClarion Energy
HomeElectricityGreece: ADMIE to...

Greece: ADMIE to invest 5.5 billion euros by 2034

 

Investments of 5.5 billion euros are included in the new 10-year Development Plan of the Independent Power Transmission Operator (ADMIE) for the period 2025-2034 which is to be put to public consultation in the next few days before being submitted for approval to the Regulatory Authority for Energy.

In the new plan, reference is made for the first time to the new large-scale international connections with Germany (Green Aegean Interconnector) via the Adriatic and Saudi Arabia (Saudi Greek Interconnection) that ADMIE is studying, while the most mature plans for the connections with Cyprus-Israel and Egypt are also included, projects that are included in the planning for the promotion of Greece as a transmission and supply channel in Europe with green energy.

The design for the Green Aegean Interconnector concerns a total transmission capacity of 3 gigawatts with further development in the second year to 6-9 GW.

The proposed route of the project, which has an initial estimated budget of €8.1 billion, includes an undersea passage from Greece through the Adriatic to Slovenia, and then via an overland route to Austria and southern Germany.

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion investment programme through 2029. The move covers grid works scheduled within the operator’s multi-year plan....

Greece tests local flexibility markets as grid operators seek value from distributed power assets

Greece is testing a new electricity-market model that could create additional revenue for factories, EV fleets, commercial buildings and distributed energy assets while giving grid operators an alternative to some conventional network reinforcement. Projects involving transmission operator IPTO, distribution operator...

Greek power exports rise as Bulgarian surplus declines

Greece increased its net electricity exports in the week ending 20 September, while Bulgaria remained the region’s largest exporter despite a reduction in its export surplus. Greek net exports rose from 91.93 GWh to 126.87 GWh during the week. At...
Supported byVirtu Energy