Tag Archives: Connecting Europe Facility

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Uncertain future of Greece-Cyprus Great Sea Interconnector project

Greece and Cyprus find themselves at odds when it comes to Great Sea Interconnector (GSI), their big project for a subsea electricity cable. A new investigation by the European Public Prosecutor’s Office (EPPO) further complicates things. Great Sea Interconnector is an envisaged 1,208-kilometer power line that would connect Crete, Cyprus and Israel. Planned for 1,000 MW […]

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Clean transition, decarbonization among priorities in EU’s draft budget

Within the European Union’s proposed budget for the period from 2028 to 2034, the EUR 409 billion European Competitiveness Fund is for investments in strategic technologies, including for the clean transition and decarbonization. The new Connecting Europe Facility (CEF), worth EUR 81.4 billion, would finance the completion of Trans-European Networks and foster the EU’s green […]

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