Fact: The Great Sea Interconnector project, a subsea electricity cable linking Cyprus to Greece, is estimated to save an average household consuming five megawatt-hours of electricity annually at least €400 a year.
Fact: The first results of the cost-benefit study for the Greece-Cyprus Great Sea Interconnector electricity project are anticipated to be unveiled by the end of May.
Fact: Israel’s Energy Minister emphasized that connecting the electricity cable from Israel to Europe through Cyprus strengthens Israel’s position in the region and contributes to Israel’s energy independence.
The construction of an electricity cable between Turkey and the north is seen as marking a new era, according to Turkish Cypriot Leader Ersin Tatar. This statement was made after an Iftar meal in Istanbul, attended by various dignitaries including Turkey’s Vice President Cevdet Yilmaz and Turkey’s ambassador in Nicosia Metin Feyzioglu. Tatar highlighted the support from Turkey in bringing big ideas to life in the north, such as the completion of a water pipeline in 2020 and investments in infrastructure and communication. He emphasized the ongoing efforts to make the TRNC worthy for future generations and stated that Turkish Cypriots remain an integral part of Turkey. Yilmaz spoke of the historical ties between Turkish Cypriots and Turkey and mentioned the celebration of the 50th anniversary of the Cyprus peace operation. He also referred to the construction of a new ‘presidential’ palace and ‘parliament’ building in Ayios Dhometios, expected to be completed by November, and the commencement of feasibility studies for the planned electricity cable. Additionally, both Tatar and Yilmaz praised Murat Kurum for his contributions, particularly in the opening of Varosha. The local elections in Turkey are scheduled for March 31, with Kurum challenging the incumbent mayor Ekrem Imamoglu.