Joint Decision by Regulatory Authorities on ADMIE's Recoverable Costs
September 25, 2024
The Cyprus Energy Regulatory Authority and the Energy Regulatory Authority of Greece jointly approved recoverable costs of 571.4 million euros for ADMIE. However, they rejected 36 million euros of the 48.8 million requested for EuroAsia Interconnector. ADMIE’s costs will be recoverable over 35 years and will depend on the operational start of the electricity interconnection. Additionally, the regulators denied ADMIE's operational expenses for the coming years.