The Egypt-Greece electrical interconnection and the transfer of 3GW of green energy to Greece and part of it through Greece to Europe

The Russia-Ukraine war highlighted the energy crisis in Europe created by the near-total disruption of Russian natural gas to Europe.

The interruption of the supply of Russian natural gas also revealed secrets hidden for decades, namely that Germany, the close partner of the Russians in natural gas, that it was supplied at preferential prices, significantly cheaper than all other European countries, the exchanges apparently also from the side of Germany to Russia accordingly would be. Thus, with this cheap energy, Germany created the great German Industry, competitive and exporting, at the same time linking Europe with an almost exclusive supplier of natural gas, Russia.

Proof of the above is that as soon as Europe entered the natural gas crisis due to the war, the first industries to close were German and they closed because they had to procure natural gas at the new prices like all of Europe, but obviously much higher than the preferential prices that had from the Russians.

The conclusion is that the creation of Great German Industry was due to cheap energy.

The example of the creation of competitive industries but with other terms on a non-monopoly basis will be seen in a few years in Greece when the electricity interconnection between Egypt and Greece will flow into our country at a competitive price and indeed green.

Then the Greek Industries will become competitive again and with an additional serious advantage with zero pollution CO2 in production because Egyptian energy will be green. In this way energy security is achieved, by diversifying the supply of energy, and clean energy and energy at competitive prices.

Perhaps the dream of seeing the Greek Industry flourish again will become a reality.