5 Minute News

The Need for Cyprus to Connect with the European Energy Network

January 4, 2026

Electricity consumption is expected to rise significantly due to emerging technologies. The European Union is investing in the development of a pan-European supergrid for energy security and the green transition. However, Cyprus remains energy isolated, resulting in higher electricity prices and security issues. The electrical interconnection with Greece is considered crucial for improving this situation. The EuroAsia Interconnector has been designated a Project of Common Interest, ensuring support from the EU.