Progress on the Great Sea Interconnector energy project

On October 14, 2026, the Independent Power Transmission Operator (ADMIE) officially submitted an investment request to regulators in Cyprus and Israel to advance the second phase of the Great Sea Interconnector (GSI). This step, taken under the European TEN-E regulation, follows positive cost-benefit analyses and recent agreements involving the French investment group Meridiam, which is set to become the majority shareholder of the GSI project.

Simultaneously, active work on the Crete-Cyprus segment has resumed. The French-flagged vessel Abeille Marengo has been deployed to conduct seabed surveys between Kasos and Cyprus to determine the optimal route for the subsea power cable. The survey will utilize advanced equipment, including multibeam echo sounders, side-scan sonar, and magnetometers, with geotechnical core samples being collected at depths of up to 700 meters. Greek authorities are expected to issue a Navtex for these operations within days.

These developments aim to end Cyprus's energy isolation by connecting it to the European electricity grid. The project is expected to enhance regional energy security and lower electricity costs, following recent diplomatic discussions between the Greek Minister of Environment and Energy, Stavros Papastavrou, and his Israeli counterpart, Eli Cohen.