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 […]
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 […]
PPC may detail lignite phaseout, Greek grid stake sale in late January
The presentation of the integrated five-year business plan outlining the Public Power Corporation’s overhaul and development strategy has been postponed to January 30 as the media in Greece learned the provisions are still essentially unchanged. The path forward especially depends on the European Commission’s stance after the upcoming negotiations about the closure of the lignite […]
Schneider Electric eyeing Greece’s EUR 1.5 billion smart meter project
Schneider Electric has contacted the Hellenic Electricity Distribution Network Operator (HEDNO) to express interest in the replacement of around 7.5 million conventional electricity meters with smart meters, Kathimerini English Edition has reported. The project to replace conventional electricity meters with smart meters, implemented by HEDNO, whose Greek acronym is DEDDIE, is worth EUR 1.5 billion, […]
PPC secures EUR 255 million loan to upgrade electricity distribution network
Greece’s Public Power Corporation has secured EUR 255 million to upgrade the electricity distribution network operated by the Hellenic Electricity Distribution Network Operator (HEDNO), its subsidiary. The upgrade is part of a EUR 510 million national investment programme implemented by HEDNO in the 2017-2020 period. The first part of the European Investment Bank (EIB) loan […]
Tilos island is getting ready to become 100 percent green
The innovative hybrid, renewable energy-based battery station and smart microgrid project for Greek Tilos island power supply is ready to commence its trial operation. Since its inception, exactly three years ago, the project has attracted much attention worldwide. It combines energy production from renewable sources – solar and wind, and storage in accumulators with the […]
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 […]
Greek HEDNO planning to replace 7.5 million meters, first tender in 2018
The Hellenic Electricity Distribution Network Operator (HEDNO) is planning to replace 7.5 million outdated electricity meters with smart meters which would allow remote monitoring of power consumption, CEO Nikos Chatziargyriou said during an interview at European utility week. He said the replacement process would begin in 2018 following a tender. The project which HEDNO (locally acronym DEDDIE) is […]