Greece and Cyprus have issued NAVTEX notices for the French vessel Abeille Marengo, which will resume seabed surveys along the route of the Great Sea Interconnector power link, suspended since summer 2024. Turkey responded with a counter-NAVTEX, claiming that part of the area lies on its continental shelf.
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Study: Greece–Cyprus cable would cut consumer costs by up to €138 million a year
EUROENERGY NEWSROOM | Cyprus | 5 Nov 2026
A simulation of the Greek and Cypriot power systems for 2035, presented by Professor Pantelis Biskas at the IENE conference, estimates that the Great Sea Interconnector would cut costs for consumers in the two countries by up to €138 million a year. Most of the gain would go to Cyprus, where the average supply cost would fall by about 18%.
GSI: Christodoulides says the 25 million euro payment to ADMIE is proceeding “according to plan”
EUROENERGY NEWSROOM | Cyprus | 3 Nov 2026
Cypriot President Nikos Christodoulides said on 2 November that the Republic of Cyprus has taken all the steps within its remit for the resumption of seabed surveys for the Great Sea Interconnector cable. On the NAVTEX expected for the work, he said only that “the less we say publicly, the better”.
Day-ahead price today in Romania (€/MWh)
| 01:00 | 267.78 |
| 02:00 | 279.53 |
| 03:00 | 286.86 |
| 04:00 | 322.64 |
| 05:00 | 266.72 |
| 06:00 | 296.19 |
| 07:00 | 341.10 |
| 08:00 | 339.49 |
| 09:00 | 405.64 |
| 10:00 | 377.45 |
| 11:00 | 383.66 |
| 12:00 | 382.32 |
| 13:00 | 377.90 |
| 14:00 | 411.78 |
| 15:00 | 396.98 |
| 16:00 | 391.38 |
| 17:00 | 389.41 |
| 18:00 | 423.95 |
| 19:00 | 412.45 |
| 20:00 | 394.74 |
| 21:00 | 408.79 |
| 22:00 | 374.35 |
| 23:00 | 286.98 |
| 00:00 | 243.33 |
Romania's consumption today (MW)
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updated 16:27
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