Greece, Saudi Arabia to look at linking their power grids

Greece, Saudi Arabia to look at linking their power grids

ATHENS: Greece and Saudi Arabia agreed on Wednesday to set up a jointly-owned company that will look at linking their power grids, taking the first step in their plan to supply Europe with cheaper green energy, the Greek energy ministry said. Greece’s IPTO and Saudi Arabia’s National Grid will set up a company, Saudi Greek Interconnection, tasked with examining the commercial viability of the power interconnection, the ministry said in a statem…