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As stated by the EIB, the project consists of the electricity interconnection of the islands of Lemnos, Lesvos, Chios, Samos, and Skyros to the mainland transmission grid (via Nea Santa in the area of Thrace to the north, and via Aliveri in the Evia island to the east), and to the Dodecanese islands grid (via Mastichari in the Kos island to the south). The connection will be mainly established through alternating current (AC) 150 kV cable interconnectors and 150 kV gas insulated (GIS) substations.
The project contributes to the energy and climate policy objectives of the European Union and Greece. It is expected to eliminate the electrical isolation of the concerned islands, ensure a more efficient, reliable and clean electricity supply in comparison to the status quo (local diesel or high-fuel oil power stations), improve security of supply, increase the hosting capacity for connection of Renewable Energy Sources in the region, contribute to the further economic development of the concerned islands, particularly via tourism.
As stated by Bloomberg, Independent Power Transmission Operator S.A provides utility services. The Company distributes electricity to residential, commercial, and industrial customers. Independent Power Transmission Operator serves customers in Greece.
As stated on the company's website, the Independent Power Transmission Operator S.A. (IPTO) was established with Law 4001/2011 and was organized and operates as an Independent Transmission Operator in line with the provisions of EU Directive 2009/72/EC.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Independent Power Transmission Operator SA | Client | Energy |
No project contacts provided at the time of disclosure.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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