Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. On 8 March 2021, Cyprus, Greece and Israel signed an initial agreement to build the worlds largest and deepest submarine power cable that will connect the. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. This week Israel, Cyprus, and Greece agreed to speed up technical work on the Euro-Asia interconnector, the world’s longest and deepest underwater power cable that will traverse the Mediterranean. Israel, Greece and Cyprus have forged a regional alliance based on energy as the three countries also aim to explore and exploit natural gas resources.During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. The power cable would boost "energy security" for Europe and end the isolation of Cyprus as the only non-interconnected EU member state. The three Mediterranean countries of Greece, Cyprus and Israel signed this week an agreement to develop a subsea cable that links their electricity grids. The European Commission had acknowledged it as a key "Project of Common Interest", making it eligible for EU financing. The first phase is expected to be operational by 2025, linking the three countries to energy grids in Asia and Europe, said Pilides. The project aims to connect the electricity grids of Israel, Cyprus, and Crete in Greece through a 2,000-megawatt undersea cable. Cyclades to be powered by mainland Greece’s grid. significantly increase reliance on solar power generation". Steinitz said it would allow Israel "to receive electricity backing from the power grids of the European continent in times of emergency and. The first HVDC transmission system to be implemented as part of the European Unions Trans-European Networks (TEN) initiative was an HVDC link installed between. It was a "major step forward" in integrating renewable energy sources, they said, without giving cost estimates. The three ministers, in a joint statement, said they agreed "to promote cooperation to examine the possibility of planning, as well as the potential development and implementation of the project". The memorandum of understanding on the 1,200-kilometre (745-mile) EuroAsia Interconnector was signed in Nicosia by Cyprus Energy Minister Natasa Pilides and her Israeli counterpart Yuval Steinitz, while Greece’s Kostas Skrekas joined them by videoconference. The Euroasia Interconnector, planned to link the Israeli, Cypriot and Greek power grids, has amassed the points needed to secure its inclusion on the PMI. NICOSIA, Cyprus (AFP) - Cyprus, Israel and Greece on Monday signed an initial agreement on laying the world's longest undersea power cable linking their electricity grids.
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