NewsLocalRegional electricity interconnectors more important than EastMed project-US official

Regional electricity interconnectors more important than EastMed project-US official

A top-ranking US official has indicated the importance of electricity interconnectors in the Eastern Mediterranean rather than ambitious pipeline projects such as the EastMed signed between Cyprus, Greece and Israel in 2020.

The project which appears to be shelved provides for the establishment of a strategic East-Med gas pipeline lasting about 2000 km – of which about 550 km onshore and about 1550 km marine.

Recent reports both at home and abroad suggest that Washington’s original expression of support for the project has waned.

“The US has always said that we support projects in the Eastern Mediterranean that are commercially and technically feasible,” Deputy Assistant Secretary of State for European and Eurasian Affairs, Erika Olson, told the CNA in an interview released on Tuesday.

“We support projects such as the EuroAfrica Interconnector, which connects Egypt to Cyprus and Greece, and the proposed EuroAsia Interconnector to link Israel, Cyprus and European electricity grids. Because such projects not only connect vital energy markets, but they also prepare the region for the clean energy transition,” she added.

Asked if therefore this is a matter of feasibility she said yes, “absolutely”, especially when looking at the future of energy markets.

“What we don’t want to see is essentially abandoned projects that don’t fit the need of what future energy markets look like,” she also said.

“So, we believe that resources and technical feasibility work are much better placed focusing on the electricity interconnectors,” she added.

 

 

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