Greece

Greece turns to large renewable energy projects to avoid high costs

Greece turns to large renewable energy projects to shield consumers

01 November 2024 - The Greek Ministry of Environment and Energy is shifting its focus to large renewable energy projects

Prinos CCS storage gains EUR 150 million in state aid

EU approves Greek state aid of EUR 150 million for Prinos CCS facility

29 October 2024 - The EU's green light for a Greek state aid package is a major step for the CCS project in Prinos, offshore Kavala

Wind power producers in Greece ask government for support to add batteries

Wind power producers in Greece ask government for support to add batteries

25 October 2024 - The Greek wind energy sector wants government support for adding batteries to facilities, like the measures for the photovoltaics sector

Final Greek NECP changes goals for renewable energy, pumped hydro and hydrogen

Greece adjusts goals for renewables, pumped hydropower, hydrogen in final NECP

21 October 2024 - After a lot of back and forth during the last several months, Greece has presented its final version of the NECP

Optimus Energy Sympower 230 MW Greece balancing markets

Optimus Energy, Sympower add over 230 MW to Greece’s balancing market

18 October 2024 - In a deal with flexibility provider Sympower, Optimus Energy enabled its customers across Greece to participate in demand response services

Batteries for photovoltaics get priority status in Greece

Batteries for photovoltaics to get priority status in Greece

17 October 2024 - The Greek Ministry of Environment and Energy submitted its new bill of law with measures for renewable energy and battery energy storage

Greece and Egypt aim to produce and export massive amounts of wind energy through GREGY

Greece, Egypt to lean on wind power in GREGY subsea interconnection project

15 October 2024 - Greek and Egyptian energy ministers agreed to adjust the framework for the GREGY submarine power interconnection project

EU clears Masdar takeover Greek Terna Energy

EU clears Masdar’s takeover of Greek company Terna Energy

15 October 2024 - Masdar passed the main hurdle in the acquisition of Greece-based Terna Energy as it obtained a green light from the European Commission

Greek system sees almost zero electricity price at night for the first time

Day-ahead electricity price in Greece slumps to near zero at night for first time

14 October 2024 - In Greece's day-ahead electricity market, the price tumbled to almost zero for the first time for a nighttime hourly segment

Lignite falls to historical low in Greece

Coal power share falls to historic low in Greece

02 October 2024 - Coal power production in Greece slumped in the first nine months of 2024 and a new record low was registered in September

Greece second guarantees of origin auction October 16

Greece to hold second guarantees of origin auction on October 16

02 October 2024 - In its second auction for guarantees of origin, Greece intends to offer certificates for solar and wind power

Alexandroupolis LNG Terminal begins commercial operations

Alexandroupolis LNG Terminal begins commercial operations

01 October 2024 - The port city of Alexandroupolis in Greece is becoming an energy gateway for Central and Southeast Europe as the LNG terminal came online

Greece installs record 337 MW of solar farms in July

Greece adds record 337 MW of solar power in July

26 September 2024 - Greece added 921 MW of PV installations in the first half of 2024, followed by an all-time monthly high of 337 MW in July

PPC buys two wind farms 1.7 GW in renewables projects in Greece

PPC buys wind, solar parks, 1.7 GW in renewables projects in Greece

25 September 2024 - PPC agreed a major acquisition from Copelouzos and Samaras. It would buy solar and wind power plants, a renewables portfolio and a stake in a gas power plant project.

Greece to offer 200 MW in third battery auction

Greece to offer 200 MW in third battery storage auction

20 September 2024 - Before the end of 2024, Greece intends to provide subsidies for standalone battery projects of 200 MW in total via the third auction

Bulgartransgaz Greece DESFA hydrogen potential

Bulgartransgaz, Greece’s DESFA collaborate to unleash hydrogen potential

17 September 2024 - Potential hydrogen market participants can submit expressions of interest to Bulgarian gas TSO Bulgartransgaz and Greece's DESFA

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