ATHENS – Tightening their relationship, Greece and Saudi Arabia struck a deal to establish a joint company that will explore linking their power grids in a plan that would carry cheaper green energy to the rest of Europe.
Greece’s Energy Ministry said the country’s Independent Power Transmission Operator (IPTO) Saudi Arabia’s National Grid will set up a company, Saudi Greek Interconnection, reported Reuters.
That will be charged with looking into the commercial viability of the power interconnection, the ministry said in a statement, not adding why that wasn’t done before making the agreement.
Officials from the countries discussed the idea in 2022 when Crown Prince Mohammed bin Salman made Greece his first stop after being accused of ordering the murder of Washington Post columnist Jamal Khashoggi.
IPTO and National Grid will each hold a 50 percent stake, the Greek ministry said, although it wasn’t said when the connection would be made or how it would be transferred to other countries in Europe.
About 40 percent of power is produced by renewables in Greece, which is looking to build an undersea cable linking its grid to Egypt in boosting its role in supplying cheap energy from renewables.
But Prime Minister Kyriakos Mitsotakis earlier said his New Democracy government had no choice to also for now go back to using coal-fired plants to produce electricity in the country after Russia’s invasion of Ukraine.
Greece has also agreed with Cyprus and Israel to build the world’s longest and deepest underwater power cable to link their grids at a cost of about $900 million, although Turkey is tightening ties with Israel now too.
ATHENS - You wouldn’t imagine it from the busy streets of Athens and Greek cities buzzing with activity, people out dining, having coffee and socializing but large numbers of elderly in the country spend their days alone in remote areas.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
WASHINGTON (AP) — Step inside the White House during the holidays by walking beneath the branches of a Christmas tree.
LOS ANGELES – The Los Angeles Greek Film Festival (LAGFF) hosts an in-person screening of Greece’s Oscar entries which compete for nominations in December - Asimina Proedrou’s top Iris Award-winner ‘Behind the Haystacks’ (Πίσω από τις Θημωνιές) and Thanasis Neofotistos’ multiple-award-winning short film ‘Air Hostess – 737’ - on Sunday, December 10, 5:30 PM, at the Gianopulos Family Theater at St.
LOS ANGELES – The Saint Sophia Greek Orthodox Cathedral community is calling for cookies for the reception following the 24th Annual Christmas Concert on Sunday, December 3.
WASHINGTON (AP) — Step inside the White House during the holidays by walking beneath the branches of a Christmas tree.
UTTARKASHI, India (AP) — All 41 construction workers who were trapped in a collapsed mountain tunnel in northern India for more than two weeks were pulled out on Tuesday, bringing an end to a drawn-out rescue mission that had grabbed the country's attention for days.
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