page_title: EuroAfrica Interconnector
section_title: Efficiency and big reduction of CO2
hierarchical_section_title: EuroAfrica Interconnector / Efficiency and big reduction of CO2
caption_attribution_description: Συνάντηση Υπουργού Εξωτερικών κ. Ν. Κοτζιά με Υπουργό Εξωτερικών Κυπριακής Δημοκρατίας κ. Ι. Κασουλίδη στο πλαίσιο της επίσημης επίσκεψης του Πρωθυπουργού της Ελλάδας κ. Αλέξη Τσίπρα στη Λευκωσία, 2-3 Φεβρουαρίου 2015
context_page_description: EuroAfrica Interconnector is a HVDC interconnector between Greek, Cypriot, and Egypt power grids via submarine power cable. The Interconnector is an energy highway bridging Africa and Europe. It will have a capacity to transmit 2,000 megawatts of electricity in either direction. Annual transmission capacity is 17.5 TWh, much more than annual production of Aswan Dam power stations. The President of the Arab Republic of Egypt, Mr Abdel Fattah el-Sisi, the President of Cyprus Nicos Anastasiades and the Prime Minister of the Hellenic Republic, Mr Kyriakos Mitsotakis, issued a joint declaration at the conclusion of the 7th Trilateral Summit, held in Cairo on October 8, 2019, expressed their desire to continue strengthening their cooperation in matters of energy. In this regard, the joint declaration by the three leaders said, “they recognised the importance of establishing an electrical grid between Egypt, Cyprus and Greece, such as the framework agreement between the Egyptian Electricity Holding Company and the Euro Africa Interconnector Company on 22 May 2019.
context_section_description: New Egyptian combined-cycle gas power plants come with Siemens H-class technology turbines with energy conversion efficiency of 60%. Usually gas power plants have energy conversion efficiency of up to 38%, oil power plants up to 42% and coal plants from 32 % to 42 %. Thermal efficiency of Cyprus power stations is 36,5%, and Greek power stations have efficiency less than 40%. 
  Increased efficiency will significantly lower fuel costs and also CO
  2  emission. Gas power plants with normal energy conversion efficiency produce electricity with 1.5 to 2 times less CO
  2  compared to coal or oil power plants. On the other hand Egyptian new high efficient gas power plants for same amount of produced electricity will produce 2 to 3 times less CO
  2 compared to normal oil or coal power stations in use on Cyprus, Crete and in Greece.
caption: Ioannis Kasoulidis, Chairman of the Strategic Council of the  EuroAfrica Interconnector
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