Crete link tender deadline for cables expires today

The deadline of a tender for the engineering, procurement and installation of underwater cable systems (2 x 500 MW) concerning the Crete-Athens electricity grid interconnection expires today following two extensions.

An initial July 22 deadline was extended to July 29 before being stretched further to August 5. These successive deadline extensions sparked rumors of possible revisions concerning the 330-km long project.

Power grid operator IPTO, whose subsidiary Ariadne Interconnection is staging the tender, has ruled out the possibility of any further extension.

IPTO is determined to make clear that the tender is pressing ahead despite efforts by Cypriot consortium Euroasia Interconnector aiming to block the procedure.

Euroasia Interconnector, heading a wider PCI-status project to link the Greek, Cypriot and Israeli grids, is at odds with IPTO for control of the Crete-Athens segment’s development.

Euroasia Interconnector took fresh legal action last week against IPTO and RAE, the Regulatory Authority for Energy, which, if successful, could prompt further tender delays.

The Crete-Athens electricity grid interconnection is urgently needed to prevent a looming energy shortage on the island, Greece’s largest. Outdated diesel-fueled power stations operating on the island need to be withdrawn to meet EU environmental regulations.

The Cretan grid interconnection project is scheduled to be completed in 2022.

Italy’s Prysmian and France’s Nexans, both leading companies in the field, have shown interest in the tender.


IPTO signs Crete-Peloponnese link contracts, a major energy security step

Power grid operator IPTO has taken a major step in resolving Crete’s energy sufficiency threat feared as of 2020 by signing contracts with four companies, Fulgor, Hellenic Cables, Prysmian Powerlink and Terna, for the development of Crete’s grid interconnection with the Peloponnese.

Energy minister Giorgos Stathakis, who attended the signing ceremony in Kissamos, northwest Crete, described the island’s interconnection project as a historic step that paves the way for Crete’s transformation into a green energy island of minimal environmental impact, while also ensuring energy security and growth prospects for the island.

A European Commission extension for diesel-fired power stations operated on the island by the main power utility PPC expires at the end of 2019.

Ending Crete’s energy isolation by linking the island with the mainland’s grid has been discussed since the 80s, when the required technology and means were not yet available, Stathakis noted, adding conditions have now changed and led to an acceleration of grid interconnections.

The Crete-Peloponnese grid link, expected to be completed in 2020, represents the first step of a wider link, from Crete to Athens, planned to be completed in 2022.

Elsewhere, the first of three grid interconnection stages in the Cyclades has been completed while the other two are said to be making swift progress.