ADMIE, Greece's national transmission operator, estimates that over the next decade the benefit to all consumers in the country from will amount to 400-600 million euros per year

The interconnection will remain in continuous operation over the next two months, after which Greece’s largest and most complex electricity transmission project will enter commercial service.

The Crete-Attica power link is a technological feat: a 1.1 billion euros investment with a capacity of 1 GW.

On Monday, May 19, and Tuesday, May 20, the converter stations in Attica and Crete, respectively, were energized for the first time.

Once electrified, the Crete-Attica cable is set to secure Crete's energy supply and reduce electricity bills by 550 million euros in Public Service Obligations charges.

The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts,