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Greece - Cyprus Cable: Up to 138 Million Euros in Annual Benefit for Consumers

Summary by Protothema
Most of the savings concern Cyprus, limited benefits for Greece - The island's access to cheaper natural gas significantly limits the economic performance of the project

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Most of the savings concern Cyprus, limited benefits for Greece - The island's access to cheaper natural gas significantly limits the economic performance of the project

·Marousi, Greece
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A study by the Aristotle University of Thessaloniki shows significant discrepancies in the distribution of economic benefits, with Cyprus emerging as the big winner, earning up to 126 million euros per year, while the benefits for Greece remain significantly limited. Electricity interconnection between Greece and Cyprus: Who wins and who ultimately pays the most? - The benefits, … The article Electricity interconnection between Greece and Cyprus…

A study by the Aristotle University of Thessaloniki shows an unequal distribution of economic benefits, with Cyprus gaining up to 126 million euros and Greece having limited benefits.

The Greece-Cyprus electricity interconnection will bring an annual benefit of 123 to 138 million euros to electricity consumers, an amount that mainly concerns Cypriot consumers, as for Greece the impact is negligible. This is according to a study by the Aristotle University of Thessaloniki presented yesterday at a conference of the South-East Europe Energy Institute by Dr. Pantelis […]

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Annual savings of up to 138 million euros for consumers in Greece and Cyprus are estimated to be possible through the electricity interconnection of the two countries (GSI). This is stated in a study by professors Pantelis… Electricity interconnection: What Greece and Cyprus gain from the GSI - NAFTEMPORIKI

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The Greece-Cyprus electricity interconnection will bring an annual benefit of 123 to 138 million euros for electricity consumers, an amount that mainly concerns Cypriots.

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Business Daily broke the news on Wednesday, November 4, 2026.
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