Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 4 September 2024, transmission system operators CNTEE Transelectrica, Georgian State Electrosystem (GSE), AzerEnerji and MVM Electrical Works signed an agreement in Romania to establish a joint venture power company to implement the Black Sea Submarine Cable HVDC interconnection between Georgia and Romania, with planned extensions to Hungary and Azerbaijan.