Italy to start importing power from Tunisia in 2018
Source: BI-ME with Reuters , Author: Posted by BI-ME staff
Posted: Sat October 30, 2010 10:39 pm

INTERNATIONAL. Italy will be able to import 600,000 megawatt hours (MWh) of power per year from Tunisia starting in 2018 after Tunisia completes a power generating area and an interconnector, Italy said on Friday.

The power generating area in Tunisia will produce electricity from conventional and renewable sources, Italy's Industry Ministry Undersecretary Stefano Saglia said in a note carrying his comments in the Tunisia Solar International Conference.

The area will have a generating capacity of 1,200 MW, 400 MW of which will be for the Tunisian market and the rest for Italy, he said.

"With the Tunisian solar power programme it will be possible to achieve (Italy's) binding 2020 targets under the European directive (to fight climate change)," Saglia said.

The interconnector with Italy will have a capacity of 1,000 MW, he said, adding the tender bid for the underwater cable is close.

Italian national grid operator Terna plans to invest €400-€500 million in the interconnector to Tunisia.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 25, 2014
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
date:Posted: November 25, 2014
BAHRAIN. The "increasingly deregulated and competitive economic environment is facilitating rapid growth in business development within the private sector."
date:Posted: November 25, 2014
INTERNATIONAL. Participants in the global oil market are eagerly awaiting the Opec meeting on November 27, which could potentially set the tone and the direction of oil prices.
INTERNATIONAL. In the end, it is unlikely that the territorial Islamic State can survive. The truth is that Turkey, Iran and Saudi Arabia are all waiting for the U.S. to solve the problem with air power and a few ground forces. These actions will not destroy IS, but they will break the group's territorial coherence.
dhgate