German firm ABO Wind on Wednesday alerted Greek authorities to the risk of the local renewable energy sources market getting stuck at an impasse, with the country missing out on an investment opportunity.

06.04.2021 / 22:24

The Energy Ministry is preparing to tackle the high cost of energy for local industry, one of the Greek economy’s biggest problems, by seeking instruments in the new model of the electricity market; this will be done in such a way as to also promote the energy transition to cleaner fuel.

06.04.2021 / 11:43

The EastMed gas pipeline for the transmission of Southeastern Mediterranean reserves to continental Europe has now secured the support of five more countries, beyond Greece, Cyprus and Israel.

05.04.2021 / 08:11

The local market views the government blueprint (“Greece 2.0”) for the Next Generation EU funds as a unique opportunity to restart the economy as it lays the groundwork for the reform of its production model. As one source told Kathimerini, the market “awaits the specifics of the program’s instruments with great interest as they are seen unleashing critical new investments.”

23.03.2021 / 22:36

The Independent Power Transmission Operator (ADMIE) aspires to transform itself into a a technological company for the utilization of infrastructure and know-how through a three-pillar midterm strategy it will implement from 2021 to 2024.

16.03.2021 / 23:26

The Independent Power Transmission Operator (ADMIE) has issued a clear warning regarding the stability of the national grid during periods of high power demand if the withdrawal of coal-fired plants by 2023 is not combined with the addition of new capacity.

16.03.2021 / 13:36

An attractive package is being prepared by Hellenic Hydrocarbon Resources Management (HHRM) which is aimed keeping companies involved in hydrocarbon exploration and exploitation interested in the domestic energy market.

15.03.2021 / 11:28

The state-owned Hellenic Hydrocarbon Resources Management SA (EDEY) is currently seeking out synergies in the green economy by combining hydrocarbon projects (i.e. extracting natural gas).

09.03.2021 / 22:17

Greece posted a new all-time high in natural gas consumption last year, according to the annual data released by gas grid operator DESFA, with almost half of the quantities consumed originating from the liquefied natural gas terminal on Revythoussa island.

07.03.2021 / 10:25

The Environment and Energy Ministry is trying to solve the conundrum of securing low electricity costs for energy-intensive industries without burdening Public Power Corporation.