ENERGY

mytilineos-new-gas-fired-unit-in-viotia
ENERGY

The heart of Greek power production is gradually shifting after many decades from Western Macedonia to Central Greece, closer to the country’s main consumption center (Attica), with lignite giving way to natural gas – the transition fuel as the country approaches its goal of being powered exclusively by renewable energy sources – and Athens-listed Mytilineos in the lead.


depa-is-entering-the-res-market
ECONOMY

The Competition Commission has given its approval for the completion of the entry of Public Gas Corporation (DEPA) into the renewable energy source (RES) markets through its participation in the share capital of North Solar SA.

labor-accident-in-northern-greece
NEWS

Two workers died in an accident at a Public Power Corporation steam power station near Agios Dimitrios in Kozani, northern Greece.

greece-among-eight-eu-states-offering-electric-car-incentives
ECONOMY

The initiatives taken by the Ministry of Environment and Energy – the best example being the action “I Move Electrically” – have led to a roughly 30% reduction in the purchase cost of electric vehicles, making them more affordable.


mytilineos-lands-deal-for-albanian-substations
ENERGY

Athens-listed Μytilineos announced on Thursday that its Sustainable Engineering Solutions Business Unit (SES BU) has entered into a contract agreement with Operatori i Sistemit te Transmetimit Sh. a. (OST) for the development and execution of a 400-kilovolt network in the Republic of Albania.


mytilineos-new-ppa-in-australia
BUSINESS

Mytilineos SA is strengthening the position of its Renewables and Storage Development (RSD) Business Unit in the international energy market by starting a cooperation in Australia with QEnergy (part of ION Holdings) for a power purchase agreement (PPA), the Greek group announced on Monday.

white-dragon-set-for-takeoff
ENERGY TRANSITION

“White Dragon”, the Greek plan for the production of environmentally friendly hydrogen as fuel, aspires to secure financing from the European Union as an Important Project of Common European Interest in the context of the Hydrogen Europe program.



abo-wind-warns-over-res-issues
ENERGY

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.

electricity-cost-cutting-plan
ENERGY

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.


four-more-brown-coal-power-plants-formally-shut-down
ENERGY

Four of the country’s most polluting power production plants are being formally shut down as Greece phases out the use of brown coal, or lignite, in line with European Union environmental protection rules and government pledges for a transition to sustainable energy sources.

support-for-eastmed-from-five-states
ENERGY

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.

crete-peloponnese-power-connection-completed
ECONOMY

The successful completion of the underwater power supply interconnection between Crete and the Peloponnese was announced on Thursday by Greece’s Independent Power Transmission Operator.