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Europe Daily Bulletin No. 10469

8 October 2011
Contents Publication in full By article 25 / 33
GENERAL NEWS / (ae) eu/energy
Medgrid, Mediterranean network for shared prosperity

Brussels, 07/10/2011 (Agence Europe) - Medgrid is the project for high-voltage cables on the Mediterranean seabed. This project aims to channel electricity to the Community market from solar energy produced in North Africa, the Sahara and the Middle East, providing a crucial contribution to making the EU's supply more secure while stimulating growth in partner countries on the southern and eastern banks of the Mediterranean.

Medgrid was set up at the end of 2010 by 20 industrial groups...

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