Cyprus GSI and EastMed projects receive EU approval


Cyprus GSI and EastMed projects receive EU approval

Cyprus received the green light on Monday for three key projects that are now officially on the EU's updated list of priority energy projects.
One of the most important projects is the Great Sea Interconnector (GSI), commissioned by the European Commission and awaited for years – the planned power line connecting Israel, Cyprus and Greece.
This project is intended to provide Cyprus with a direct connection to Israel and via Greece to the European mainland for the first time.
The Commission identified the GSI as a project of high strategic importance for Cyprus' energy security.

The EastMed gas pipeline also retained its status as an EU priority project and was reconfirmed
as a "project of common European interest". This pipeline is intended to bypass Turkey in the eastern Mediterranean and transport natural gas from the Levant via Cyprus to Greece.
Cyprus is also part of the Prinos Apollo project, which will build an offshore CO₂ storage facility in the Greek Prinos field.
In the future, CO₂ quantities from several countries – including Cyprus – are to be stored there in order to establish a regional market for CO₂ capture and storage.

Energy Commissioner Dan Jorgensen said that the selected projects are expected to contribute to a "cleaner, cheaper and more reliable energy supply".
Two gas interconnection projects between Cyprus and Malta, which have been planned for some time, also remain on the list.
 The EU Commission described the entire package of measures as an important step towards more energy cohesion and strategic independence.

The investment requirement for electricity, hydrogen and CO₂ infrastructure by 2040 is currently estimated at around 1.5 trillion euros.
An additional EU electricity grid package, expected by 10 December, is to contain further reforms to accelerate grid expansion and optimise the distribution of subsidies.
The current list of priorities will now go to the EU Parliament and the Council for final approval.
 Once officially adopted, the Commission intends to actively support Member States in accelerating further projects.






Source: CyprusMail.com with kind permission for editorial use
Author: James Morphakis








Advertisement advertisement area
Villa
Neo Chorio
Agnades Village Villa No 31
View Property
🕘 LIVE Dale Kurz Weekendshow Sa 11 Uhr ZY/10 Uhr DE ab 2.8. wieder auf MF Radio.de ★
🎵 Fabis Gute-Laune-Show Wiederholung jeden Do 21 Uhr ZY/20 Uhr DE auf MF Radio.de ★
✨ Good Vibes with Val jeden Do 20 Uhr ZY/19 Uhr DE auf MF Radio.de ★
😊 Fabis Gute-Laune-Show jeden Fr & So 19 Uhr ZY/18 Uhr DE auf MF Radio.de ★
🎙 Der "Früher war alles besser" Podcast mit Fabian Schäfer & Dale Kurz Sa, So & Mo 8 Uhr DE/9 Uhr ZY + Mo 20 Uhr DE/21 Uhr ZY auf MF Radio Interviews ★
📢 Hier könnte Ihre Show/Werbung/Podcast stehen ★
📰 Täglich neue News unter dem Reiter Station/News ★
🎙️ Wollen Sie auch gehört werden? Melden Sie sich bei redaktion@mfradio.de für Interviews und Podcasts ★
🚀 Sie sind Podcaster, Influencer, Unternehmer...? MF Radio bietet Ihnen die perfekte Plattform um ihre Zielgruppe zu erreichen! ★
🕘 LIVE Dale Kurz Weekendshow Sa 11 Uhr ZY/10 Uhr DE ab 2.8. wieder auf MF Radio.de ★
🎵 Fabis Gute-Laune-Show Wiederholung jeden Do 21 Uhr ZY/20 Uhr DE auf MF Radio.de ★
✨ Good Vibes with Val jeden Do 20 Uhr ZY/19 Uhr DE auf MF Radio.de ★
😊 Fabis Gute-Laune-Show jeden Fr & So 19 Uhr ZY/18 Uhr DE auf MF Radio.de ★
🎙 Der "Früher war alles besser" Podcast mit Fabian Schäfer & Dale Kurz Sa, So & Mo 8 Uhr DE/9 Uhr ZY + Mo 20 Uhr DE/21 Uhr ZY auf MF Radio Interviews ★
📢 Hier könnte Ihre Show/Werbung/Podcast stehen ★
📰 Täglich neue News unter dem Reiter Station/News ★
🎙️ Wollen Sie auch gehört werden? Melden Sie sich bei redaktion@mfradio.de für Interviews und Podcasts ★
🚀 Sie sind Podcaster, Influencer, Unternehmer...? MF Radio bietet Ihnen die perfekte Plattform um ihre Zielgruppe zu erreichen! ★
MF Radio Cyprus
Fabis Gute- Laune- Show Jingle
Album Art