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 […]
Vestas to install new 28 MW wind park in Flampouro, Greece
French developer Total-Eren ordered 28MW from Vestas for the Flampouro wind park in northern Greece. With the last order received, Vestas’ total orders intake in Greece reached 250 MW in 2017. The order made by Total-Eren includes supply and installation of two V117-3.45 MW wind turbines and six V126-3.45 MW turbines, as well as a […]
Greek energy communities draft bill awaits ratification
Greek Ministry of Environment and Energy has submitted a draft bill for the establishment of energy communities (cooperatives), aiming to encourage switch to renewable energy sources, and to provide decentralized electricity production. The draft was submitted to the parliament for ratification earlier this week and the debate started this Thursday, according to Greek media. The Ministry […]
