Journalist

Harry Aposporis

PPC updates lignite exit plan, new Ptolemaida 5 unit to shut down in 2026

Greece pushes its coal exit target date forward to 2026

30 July 2024 - Greece's Public Power Corporation (PPC) has introduced a new schedule for the phaseout of its lignite-fired power plants

Greece will need 7 GW of storage by 2030 to avoid high curtailments

Greece needs 7 GW of energy storage by 2030 to avoid high curtailments

27 July 2024 - Up to 20% of renewables capacity is expected to face curtailments by 2030 in Greece if no new investments are made in energy storage

Greece lowers 2030 renewable penetration goal in its final NECP

Greece lowers 2030 renewable penetration goal in its final NECP

19 July 2024 - Greece's final National Energy and Climate Plan (NECP) is expected to be submitted to the European Commission in the following days or weeks

Renewable energy spatial plan delayed again in Greece

Renewable energy spatial plan delayed again in Greece

19 July 2024 - It has now been ten years since the European Commission first asked Greece to modernize its renewable energy spatial plan

Greek consumers called to return subsidies related to renewable energy surcharge

Greek consumers must return subsidies that covered renewable energy surcharge

16 July 2024 - Greek commercial consumers, mostly in the agricultural sector, must pay large sums to the state as they were ordered to return subsidies

Heat pumps and electric cars expected to bring small rise in power demand for Greece

Heat pumps, electric cars expected to contribute little to power demand growth in Greece

10 July 2024 - Contrary to earlier estimates, heat pumps and electric cars are not expected to significantly raise electricity demand in Greece.

Small Greek investors faced with cancellations for renewable energy projects in the distribution network

Small Greek investors in renewables face cancellations of projects on distribution level

09 July 2024 - HEDNO stopped accepting applications for renewables in 2022 as the distribution network's couldn't integrate any more capacity

First Guarantees of Origin auction in Greece attracts 14 participants

First guarantees of origin auction in Greece attracts 14 participants

26 June 2024 - The first guarantees of origin (GO) auction took place today in Greece with the participation of 14 companies

European and Balkan utilities turn to data centers to increase power demand and renewable project returns

European, Balkan utilities turn to data centers to stimulate power demand

17 June 2024 - Power companies in Europe and the Balkans aim to help boost electricity demand by investing in data centers

Lignite plants getting pushed out of the market in the Balkans

Lignite power plants are pushed out of market in Balkans

30 May 2024 - PPC's brand new Ptolemaida 5 lignite plant was effectively pushed out of the market in May as uncompetitive

Greek renewables breach new record, leading to historic low in emissions

Greek renewables breach record, leading to historic emissions low

29 May 2024 - Renewables surpassed fossil fuels in Greece's power production for the first time, reducing emissions to the lowest level so far

Eurelectric Europe requires EUR 67 billion per year power distribution upgrades

Eurelectric: Europe requires EUR 67 billion per year for power distribution upgrades

23 May 2024 - Strengthening apower distribution grids across Europe between 2025 and 2050 will require EUR 67 billion per year, Eurelectric calculated

Greece directs EUR 50 million for small business transition in lignite regions

Greece earmarks EUR 50 million for small business transition in lignite regions

15 May 2024 - Western Macedonia and Megalopolis are the two traditional lignite regions of Greece. They are greening the local economy.

Greece launches first auction for Guarantees of Origin

Greece schedules first auction for guarantees of origin

06 May 2024 - The Greek renewable market operator, DAPEEP, said the country's first auction for guarantees of origin would take place on June 26

IPTO suspends all electricity imports until May 7 to protect the Greek system

Greece suspends electricity imports until May 7 to protect system

03 May 2024 - The Greek Independent Power Transmission Operator (IPTO) has announced the suspension of all electricity imports during the hours around noon

Renewable energy curtailments already surpassed 2023 levels in Greece

Renewable energy curtailments already surpassed 2023 levels in Greece

30 April 2024 - An unusually hot spring has weakened electricity demand and prices in Greece, while also increasing curtailments

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