Greece: ADMIE to invest 5.5 billion euros by 2034
11 March 2024
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.
Related
-
ANDRITZ wins major hydropower upgrade contract in New Zealand
22 April 2026
-
Romania's Bihor county signs EU funding deal for 281 mln euro tram-train project
22 April 2026
-
SANY Group to build giant hybrid power complex in Romania with data center
21 April 2026
-
Wärtsilä to supply 412MW of engine power for US data centre
20 April 2026
-
Samsung C&T, Hitachi Energy partner on European power grid market entry
19 April 2026
-
HiTHIUM to invest in the gigafactory of BESS and cell in Spain
19 April 2026


京公网安备
11010802030424号
京ICP备19046776号-2