Greek distribution operator HEDNO sets operational restrictions for standalone batteries
Authorities in Greece are making progress towards the 4.7 GW of merchant standalone batteries, planned to operate without any state support. The Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE) has presented a proposal for operational restrictions for the 900 MW of battery energy storage systems (BESS) to be installed in its network. It noted […]
Greek solar producers with CfDs to get paid even when power prices are zero
The Greek government accepted a request from solar power producers that have CfDs, deciding to provide remuneration at zero prices in the day-ahead market
Offshore wind auctions in Greece to include flexible CfDs and curtailment protection
Two measures are under consideration for the first Greek offshore wind farms, to make them commercially viable in the long term
Curtailments, negative prices slash solar power revenue in Greece by up to 60%
Solar parks in Greece with CfDs have lost an average 50% of revenue on a year-to-year basis in April amid negative prices and curtailments
Greece’s PPC Group raises EUR 4.5 billion in capital offering
Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.
Greece presents renewable energy spatial plan with restrictions for wind and solar farms
The Greek Ministry of Environment and Energy issued the spatial plan for renewable energy for public consultation
Ag. Dimitrios shutdown today leaves Greece with last coal plant
Today is the last day of operation of the Agios Dimitrios thermoelectric station, Greece's largest lignite-fired facility
Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid
The European Hydrogen Bank (EHB) approved EUR 1.09 billion in the third auction. A Greek JV won with the lowest bid in the general category.