Meed | Firms to proceed with 3GW Egypt-Italy link

Firms to proceed with 3GW Egypt-Italy link

5 December 2023

A team led by K&K Group is moving ahead with a detailed study for an electricity corridor whose initial stage will have the capacity to transmit up to 3GW of clean electricity from Egypt to Italy.

This follows the completion of the project's initial feasibility study, the consortium said in a statement issued on 5 December.

Italy's Cesi and Prysmian Group, along with Germany's Siemens Energy, are part of the consortium planning to develop the project known as Green Vein.

The project entails the installation of a submarine high-voltage, direct current (HVDC), which extends approximately 2,800 kilometres and reaches sea depths of up to 3,000 metres.

The cable will connect the West Sohag area in Egypt to the Dolo substation near the Mestre Industrial Area in Italy.

The project's initial capacity of 3GW equates to approximately 5 per cent of Italy's peak electricity demand.

According to the statement, the corridor is set to create "strategic power links and energy hubs that will bridge the EU, Mena, and Africa, fostering cooperation and integration of power systems across these regions."

It added: "In Egypt, the plan to significantly increase renewable electricity generation capacity highlights the corridor's role. Through this project, the renewable plants in Egypt are expected to save approximately 7.5 million tonnes of carbon dioxide annually."

Earlier this year, it was reported that the two countries were expected to sign an agreement worth an estimated $3.5bn to link their electricity grids.

This follows several rounds of talks on the $3.5bn project, Arabic-language Egyptian daily Addustoor said at the time

Italy is understood to have secured funds from local and European sources for its part of the project.

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Jennifer Aguinaldo