Masdar to take over Terna Energy in deal worth EUR 3.2 billion
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
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
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
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
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
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
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
An unusually hot spring has weakened electricity demand and prices in Greece, while also increasing curtailments