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: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
dhgate