Greece produces record 47.1% of electricity from renewables so far in 2022
The share of electricity demand in Greece covered from renewable sources climbed to an unseen 47.1% in the first ten months of the year
Greece’s IPTO plans new power interconnections in Balkans
Greece's transmission system operator IPTO plans new power interconnections in the Balkans to improve flows and security of supply
Greek power network operators report surge in investments in 2021
Investment in the Greek electricity network increased substantially in 2021 in order to help the country make its energy transition
Several undersea power cables about to connect Europe with Africa
Greece and Egypt are in talks about the possibility to lay a 2 GW submarine interconnector on the bottom of the Mediterranean Sea
Greece may approve connection of renewable power plants of 6 GW in 2021
Admie expects to approve the connection of 6 GW to the grid in Greece this year for green power plant projects, out of 10 GW planned through 2030
Greece tests Peloponnese-Crete link – world’s longest undersea AC cable
Crete's first interconnection with the mainland, via the Peloponnese, was successfully tested. It is the world's longest alternating current cable system
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 […]
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 […]