Second HVDC link from mainland Greece to Crete coming online
12 May 2025 - IPTO is completing the last elements of the Ariadne Interconnection project, one of the deepest subsea links in the world
Greece’s IPTO connects to balancing energy platform PICASSO
20 March 2025 - The Independent Power Transmission Operator of Greece has joined PICASSO, soon after ESO, its counterpart in neighboring Bulgaria
Greek renewables sector slams curtailments bill for not including compensation
04 March 2025 - Power network operators won't compensate renewable energy producers in Greece for curtailments, according to the latest bill
Race against time for Greece to avoid a blackout on Easter
18 February 2025 - Greek authorities are rushing to secure the electricity system against a possible blackout during Easter
Cypriot minister not optimistic about cable project with Greece amid Turkish intimidation
14 February 2025 - Cypriot Minister of Finance Makis Keravnos said the GSI undersea cable project still faces very serious political obstacles
IPTO completes Attica-Crete subsea interconnection Ariadne
24 December 2024 - Greece's IPTO started partial tests of the Ariadne interconnector between the mainland grid and Crete. The link has 1 GW in capacity.
Greece cancels third energy storage auction
12 December 2024 - Greece's third auction for standalone energy storage plants using batteries is cancelled, to be held after clarifying the rules
Greece extends Meliti lignite plant operation for energy security in winter
03 December 2024 - Greece has extended the operation of its Meliti lignite plant by three months in order to maintain the stability of its energy system
Greece to install 1 GW undersea interconnection with Dodecanese islands
18 November 2024 - Greece may get its second HVDC interconnection by 2027, as IPTO launched a tender for a submarine line between Corinth and the island of Kos
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
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
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