Greek Environment & Energy Minister Kostas Skrekas on Monday addressed the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC, COP27) that is being hosted in Sharm El-Sheikh, Egypt, November 6-18, ANA reports,
The Greek minister outlined the significance of the ‘GREGY’ electricity interconnector project, which will transfer clean, green energy from Egypt to Europe via Greece.
The 3.6-billion-euro project has the capacity to transfer 3,000 MW of clean energy, noted Skrekas, “while Greece will benefit greatly from the construction of the cable, as part of the transferred green energy will be consumed in Greece, reducing energy costs for Greek consumers,” he stressed.
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