Proposals sought for final design of Egypt-Greece subsea power link

Greece’s Copelouzos Group, the developer of a 3-GW subsea transmission project between Greece and Egypt, has launched a couple of tenders for the final studies related to the design and route of the proposed submarine link.

The GREGY project involves the installation of a 950-km (590-mi) submarine cable to carry electricity from roughly 9.5 GW of renewables to be deployed in Egypt, to Greece, and through Greece to the rest of Europe.

Via two calls, the investment group aims to select consultants for the studies to be carried out in relation to the ambitious scheme, its subsidiary Elica Mediterranean Electrical Interconnection said on Wednesday. The tenders cover "desktop studies" that will determine the most appropriate route for the subsea cable network and landing points in Egypt and Greece. The job will also include technical analysis and studies for the calculation of benefit indicators, as well as cost-benefit analysis.

The tenders aim to speed up the development of the interconnection project, Elica said. The company will accept Expressions of Interest for both tenders by May 31, 2024.

Last year, Copelouzos and Infinity Power, jointly-owned by Egypt’s Infinity and Abu Dhabi-based Masdar, signed a memorandum of understanding (MoU) to assess the opportunity of co-developing projects to supply renewable power to Europe via the planned transmission project.

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