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
Greek transmission operator to introduce measures for fair curtailments
10 September 2024 - The Greek renewable energy market faces growing curtailments until 2030 even if the storage goals from the NECP are met
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
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
Manousakis: We need European power interconnection network
25 January 2024 - Power transmission corridors must take center stage in the public debate in Europe, IPTO's chief Manos Manousakis said, highlighting offshore wind plans
Greece breaks records in renewables, energy efficiency in 2023
24 January 2024 - Renewables including large hydropower plants covered more than half of demand in Greece for the first time last year, alongside other records
Renewables licencing queue reaches bubble proportions in Greece
08 January 2024 - Greece's renewables goal of 23.5 GW by 2030, which would make it a regional energy hub, has led to a dramatic increase in applications
Installation of Crete-Cyprus cable starts as part of Great Sea Interconnector
25 December 2023 - Greece's IPTO said construction works are beginning for the first leg of the Great Sea Interconnector, to link Crete and Cyprus
Greece’s IPTO seeks shares in TSOs of North Macedonia, Serbia, Montenegro
14 December 2023 - The Greek Independent Power Transmission Operator (IPTO) aims to expand its presence in the Balkans and entire Southeastern Europe
Greece, Italy to speed up second submarine electricity interconnection project
23 November 2023 - Greece and Italy are planning to triple their power interconnection capacity by 2031 by building a 1 GW undersea line.
North Macedonia’s MEPSO denies rumors of share sale to IPTO
26 October 2023 - MEPSO says it plans no transaction with IPTO. Nevertheless, Greek energy majors are on an acquisition spree in the Western Balkans.