4 countries initiate Black Sea undersea power line project to enhance EU's renewable energy supply and promote energy security.
Romania, Hungary, Georgia, and Azerbaijan have initiated a joint venture to construct an undersea power line under the Black Sea, enhancing the EU's renewable energy supply amid the shift away from Russian energy due to the Ukraine invasion. The project will connect Azerbaijan's wind farms to Romania and Hungary, promoting energy security and lowering consumer electricity costs. A meeting to advance the project is planned for an upcoming UN climate summit in Azerbaijan.
September 03, 2024
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