Greece, Saudi Arabian power transmission operators take first step at connecting grids
- Written by E.Tsiliopoulos
Greek-Saudi cooperation in the all-important energy sector, especially in light of the recently announced and highly ambitious India-Middle East-Europe Corridor (IMEC) project, will focus on hydrogen as a fuel source, renewable energy sources and electricity infrastructure, according to results of a bilateral meeting in Athens on Wednesday.
One of the highlights of the burgeoning bilateral and regional cooperation was the signing of a shareholders agreement between Greece’s Independent Power Transmission Operator (ADMIE) and the Saudi kingdom’s National Grid SA. The agreement foresees the establishment of the special purpose company between the two grid operators as an inaugural step for a proposed Greece-Saudi Arabia power interconnection.
The agreement was signed by the operators’ managing directors on the sidelines of the ministerial meeting.
Related items
- EU Commission sees Greece's growth rate at 2.2% in 2024 and 2.3% in 2025
- Menidi: Forty year old woman stabbed by enstranged husband in the middle of the street - Police on manhunt
- Kosmos leader slams government inaction against climate change
- Greek police arrest 28 after Law School occupation, including 9 foreign nationals
- Syracuse exhibition on Mycenaean influence on Sicily includes golden cup of Dendra
Latest from E.Tsiliopoulos
- EU Commission sees Greece's growth rate at 2.2% in 2024 and 2.3% in 2025
- Menidi: Forty year old woman stabbed by enstranged husband in the middle of the street - Police on manhunt
- FM Gerapetritis: Greece will ratify Prespa Agreement when North Macedonia fully complies with its int'l commitments
- Turkish crime kingpin arrested in Athens
- Kosmos leader slams government inaction against climate change