Greece to move forward with privatization of energy, mining companies

Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]

Renewables September 17, 2020

EUR 400 million loan for Attica-Crete interconnection secured

The financing framework for the undersea electricity link between the Greek mainland and its largest island has been completed. The country’s TSO Admie secured a credit line of as much as EUR 400 million from Eurobank for the Ariadne Interconnection between Crete and the Attica peninsula. Greece’s Independent Power Transmission Operator, also known as IPTO […]

Coronavirus prompts crisis measures in electric power systems in Balkans

Governments and state-owned operators are imposing constraints and work from home and stepping up hygiene requirements. The coronavirus isn’t affecting the electric power supply for now in the region of Western Balkans. Power producers and distributors in the Balkans have been introducing emergency procedures to contain the fallout from the spread of COVID-19. The coronavirus […]