Regulatory issues related to the Cyprus-Crete electric interconnection project were discussed at a meeting between the plenary session of the Waste, Energy and Water Regulatory Authority (RAAE)-Energy Clad with the corresponding plenary session of the Cyprus Regulatory Authority (RAEK) held today in Athens.

According to the announcement, the progress of the project and the settlement of the relevant issues were analyzed, while the two regulators maintained a mutual approach to issues related to the project with the main aim of accelerating its implementation procedures for the benefit of consumers.

“The success of the meeting is proof of the continuous cooperation of the two authorities which in the interest of the public interest and based on the relevant know -how, international practice and, above all, the regulatory experience, create the right conditions for promoting the interconnection of the two countries, which is a fact, which is a fact, which is a fact. Priority, “adds.

The two plenary sessions discussed, inter alia, the renewal of the Memorandum of Understanding their many years of cooperation, as well as other regulatory issues concerning projects of common interest. At the same time, they have confirmed the importance of cooperation to address issues related to ensuring the co -operation and promoting cross -border works in the Mediterranean region.