Investment approval request submitted for Cyprus-Israel interconnector, project viable in all scenarios
What happened
Greece’s TSO submitted an investment approval request for the Cyprus–Israel interconnector, a 1 GW HVDC project with an offshore subsea section of about 324 km and subsea depths around 2,200–2,400 m. The move starts regulatory cost‑allocation and FID processes and makes long‑lead subsea cable and deepwater installation more than a conceptual prospect. Watch whether manufacturers and installation contractors confirm slot allocations or shorten quote validity windows
Why the category manager should care
Treat this as a real long‑lead demand item that can consume specialist cable manufacturing and vessel windows; log it into allocation planning now
Key facts
- Nominal 1 GW transmission capacity
- Offshore subsea section ~324 km
- Subsea laying depths ~2,200–2,400 m