Greece and Egypt pledge commitment to undersea power cable

On May 7, 2025, in Athens, Greece, Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah el-Sissi reaffirmed their commitment to a significant undersea electricity interconnection that aims to deliver renewable energy from North Africa to Europe. This project involves the construction of a 3,000-megawatt capacity cable that will span nearly 1,000 kilometers across the eastern Mediterranean Sea. Both leaders discussed the project during talks that also addressed other cooperation agreements across various sectors. This initiative has received backing from the European Union, which has shown a keen interest in expanding energy partnerships with non-member countries, aiming to diversify their energy sources amid increasing geopolitical tensions, especially following the events of Russia's invasion of Ukraine in 2022. The estimated cost of the project is around 4 billion euros ($4.5 billion), and it is anticipated to start generating power within five years. It will primarily focus on the import of low-cost energy, particularly wind energy produced competitively in Egypt, and exporting it to Europe. El-Sissi highlighted the strategic significance of the project, emphasizing that it creates a pivotal link from North Africa to Europe. The leaders also discussed broader regional security issues, migration challenges, and ways to enhance Egypt's ties with the EU, expressing Greece's intent to act as a steadfast ally of Egypt in these matters. The discussions in Athens concluded with agreements aimed at further energy cooperation and enhancing cultural, financial, and defense collaboration between the two nations.