Greece
Greece’s PPC boosts pumped storage hydropower project pipeline to 1.6 GW
01 July 2024 - PPC obtained an electricity storage permit for a pumped storage hydropower project at an open-cast lignite mine in Kozani in northern Greece
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
Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
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 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
Share of coal power in Greece tumbles to zero
20 May 2024 - Greece went seven days without coal power in the system as natural gas plants and renewables were far more competitive
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 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
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
30 April 2024 - An unusually hot spring has weakened electricity demand and prices in Greece, while also increasing curtailments
Renewables in Greece get shortcut to grid connection with PPAs
23 April 2024 - Renewables projects in Greece with PPAs with energy-intensive industrial consumers get priority in the transmission grid connection queue