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Regulatory Other

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Cyclades Interconnection Phase B : Naxos - Mykonos

3 January 2011

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Event Details

Event Type:Regulatory Other

Category:regulatory

Date:3 January 2011

Date Precision:day

Event Signals

Neutral

Informational - no clear directional impact

Low Impact

Minor progress or informational

Regulatory Details

Permit Type:Ministerial Decision No. FA/E 3.2/57/3 designating the Interconnection of Cyclades Islands with the National Mainland Interconnected Transmission System as a project of “general importance for the economy of the country”

Description

On 3 January 2011, Ministerial Decision No. FA/E 3.2/57/3 of the Hellenic Ministry of Economy & Development formally named the project "Interconnection of Cyclades Islands with the National Mainland Interconnected Transmission System" as a project of "general importance for the economy of the country". This legal act reaffirmed the strategic status of the multi-phase Cyclades interconnection, which includes Phase B’s Naxos–Mykonos 150 kV submarine link between the islands within the overall scheme.