Kyriakos Mitsotakis: Energy transition is a significant opportunity for Greece
At the Eurelectric conference “Lights On” held in Athens these days, Prime Minister Kyriakos Mitsotakis mentioned the record penetration of…
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Greece installed a record volume of solar power in 2023 but expects grid congestions soon
Greece recorded last year a new record in photovoltaic (PV) installations but despite this significant growth, Greece anticipates grid congestions…
Greece and Romania could lead the way in green energy in SEE due to common challenges and opportunities
Greece and Romania together are projected to record a demand of around 140 TWh of electricity by 2040, and this…
Romania explores the prospect of liquefied natural gas (LNG) imports from Greek ports
Romania could double its current natural gas output, potentially positioning itself as one of Europe’s leading gas producers, with the…
Greece plans to install 1.9 GW of wind by 2030
Offshore wind development will be a game changer for Greece as the country plans to install 1.9 GW by 2030,…
Greece will tax the profits of multinationals and big companies by 15%
The Ministry of Economy and Finance in Athens has submitted a tax bill to the Parliament that provides for the…
Greece is pushing the development of hydrogen infrastructure
Greece is making significant strides in developing its hydrogen infrastructure and Europe, being a net importer of hydrogen, will encounter…
Greece prepares 3.21 GW in gas-fired power plants; global market is booming
There are 134 gigawatts (GW) of gas-fired power capacity under construction worldwide, writes Global Data in their latest Energy Monitor…
Gas infrastructure upgrading is necessary to take over the LNG from the Argo FSRU project
Mediterranean Gas will export LNG to Romania and Central Europe but there is a need for upgrading the infrastructure to…
Greece’s revised NECP targets much less energy storage, more natural gas
The Energy ministry in Greece has shared an updated National Energy and Climate Plan with market officials for their input…
PPC’s growth strategy following the takeover of Enel Romania
One of the biggest transactions in the last decades – the acquisition of Enel Romania by Public Power Corporation (PPC)…
Greece disclosed the 7 winners of its first power storage auction
The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first…
Enel sells 50% of Greek green energy subsidiary to Macquarie
Enel, through its wholly owned subsidiary Enel Green Power, has signed an agreement with Macquarie Asset Management, through Macquarie Green…
Exiting natural gas it’s only feasible by 2050
Exiting natural gas is only feasible by 2050 but accelerating natural gas phase-out is the most efficient way to reduce…
Closing coal plants will increase energy price volatility
Shutting down the coal-fired power plants in the coming years and increasing commodity prices will lead to a large growth…
Regional integration of the energy infrastructures will provide security and sustainability
Every European country should begin working on new infrastructures to use hydrogen and to integrate the national grids into a…
Greece invests 163 mln. euro in a new pipeline able to carry 100% hydrogen
A new 160-kilometre pipeline, with a budget of 163 million euro, will ensure the smooth transition of the Central and…
Bulgaria to double its gas storage volume
The project will be financially supported by the European Commission and by 2025, the country hopes to have a new…
Bulgaria, Greece, Romania, and Hungary agree for the grid interconnection to enable bi-directional flows of natural gas
A Memorandum of Understanding (MoU) was signed between DESFA (Greece), Bulgartransgaz (Bulgaria), FGSZ (Hungary), Transgaz (Romania), ICGB (Bulgaria) and Gastrade…
Greece doubles subsidies for energy bills
Greece will double subsidies for energy bills in September to 1.9 billion euros, extending financial support introduced in 2021 to…
Greece-Bulgaria gas interconnector could be ready in June
The Greece-Bulgaria gas interconnector could be ready in June, as promised by Bulgarian officials, Energy Minister Virgil Popescu told journalists…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…