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Market update 29 September 2026 — Energy

What moved recently in Energy — every item with source and date. Researched and checked by Zeynah.

The news

What happened

Energy

Greece: government rejects reports of a new route for the Great Sea Interconnector

Government spokesman Pavlos Marinakis said the electricity link between Greece and Cyprus will proceed on its original design. Kathimerini had earlier reported a slight redesign because of the Fethiye-Kaş marine park declared by Turkey on 15 August.

Source: Greek City Times · dated

Energy

Greece eases deadline for battery storage projects from the third auction

The Ministry of Environment and Energy is removing the 30 September readiness declaration; the binding deadline remains 15 December 2026 for the connection activation application to IPTO (nine projects totalling 188.9 MW).

Source: energypress · dated

Context

What this means for procurement and projects

Derived from the items above — not a forecast.

The source names Meridiam with a 66% stake and an agreement with cable maker Nexans on seabed surveys; for suppliers around the link, the original planning framework therefore remains the reference.

According to the source, around 900 MW of battery storage has been approved across all three auctions; by mid-December the selected projects need connection, cable and transformer equipment.

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