Bulgaria and Greece will soon be connected by new transmission line
A new overhead electric line will soon connect Greece and Bulgaria. This new single circuit 400kV interconnection line between the substations Maritsa East in Bulgaria and Nea Santa in Greece will be of approximately 150 km in length. According to the Bulgarian Deputy Minister of Regional Development and Public Works, Valentin Yovev a detailed development […]
Greece’s PPC plans to invest in wind, HPP and geothermal in Turkey
Public Power Corporation (PPC), the Greek national power generation company is looking to invest in Turkey’s energy market, namely in wind, hydropower and geothermal projects. Manolis Panagiotakis, PPC’s chairman and CEO believes that it is the right time for Greece “to have a vivid presence in Turkey”. Therefore, PPC has been working with an international […]
Greece’s RAE proposes stricter rules for renewables capacity auctions
Greece’s Regulatory Authority for Energy (RAE) has suggested stricter participation requirements for the new three-year renewable energy (RES) auctions in order to increase successful bidding. The regulator has proposed EUR 1.000 as a minimum registration fee for renewable energy auctions to be calculated at EUR 150 per MW rate. According to the proposals, participants will […]
Cyprus, Greece and Jordan agreed on renewable energy cooperation
At their first-ever trilateral meeting, leaders of Cyprus, the host of the summit, Greece and Jordan agreed on strengthening regional cooperation in energy sector, particularly in renewable energy. Cypriot President Nicos Anastasiades, Prime Minister Alexis Tsipras, and Jordan’s King Abdullah II discussed all political and economic issues of importance for all three respective countries and signed several agreements for cooperation […]
PPC Renewables readies to develop 700 MW in RES capacity
PPC Renewables, a wholly-owned green energy subsidiary of Public Power Corporation, the main power utility in Greece, is ready to develop 700 MW in renewable energy sources (RES) capacity, mostly in the wind and photovoltaic energy fields. While waiting for the upcoming auctions in renewable, scheduled for April in Greece, PPC Renewables has announced that […]
Greek PPC says it is close to acquire leading electricity trading company in FYROM
Public Power Corporation (PPC), the Greek national power generation company, has announced that it is close to a deal for the acquisition of Energy Delivery Solutions (EDS), the leading electricity trading company in Former Yugoslav Republic of Macedonia (FYROM). In its statement, PPC said that this initiative comes within the framework of its business strategic […]
Establishment of energy exchange in Greece seems very imminent
The institutional framework for the establishment and operation of the energy exchange, amended to harmonize the Greek energy market with all European markets, has been sent to the Greek parliament. Based on previous reports from Greek media, the energy exchange is expected to be established in the first half of 2018, while Energy and Environment […]
European Commission approved Greek auction scheme for renewable electricity
Greece will organize regular, competitive auctions to grant support to renewable energy sources, as planned, since the European Commission approved the Greek auction scheme for the production of electricity from renewable sources and high efficiency cogeneration. Being in line with EU State aid rules, the scheme will further European Union energy and climate goals whilst […]