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: February 10, 2016
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
date:Posted: February 10, 2016
UAE. Across the Middle East, educational institutions and providers face a myriad of challenges and opportunities; "Educational organizations are increasingly being asked to demonstrate their wider impact and contribution to goals around employability, social mobility and inclusion."
date:Posted: February 9, 2016
UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
UAE. Low oil prices will constrain the amount of funding available to Gulf sovereigns and banks to support the region's substantial infrastructure bill in coming years; S&P projects a gap as large as $270 billion through 2019 between capital spending for projects and project contracts awarded.
dhgate
Monogram Ring