www.antena3.ro/economic/coridorul-verde-din-marea-

Green Energy Corridor Power Company (GECO) estimates that the total investment for three submarine power lines across the Black Sea will reach €22.1 billion. The first phase involves a 3,040 km line from Baku to Hungary, operational by 2032. The project aims to enhance renewable energy capacity and reduce carbon emissions significantly by 2040. Economic impacts are projected to be substantial, with annual benefits increasing over time. The financing model will combine public and private capital, with each line having a regulated and commercial segment.