IPTO to invest EUR 4.1 billion in new interconnections, renewables integration, batteries

Greece’s independent transmission system operator, IPTO, plans to invest EUR 4.1 billion over the next 10 years to build new interconnections with Bulgaria, Italy, Albania, and North Macedonia, as well as to increase capacities for the integration of renewables and install batteries for electricity storage. The possible new interconnections include a subsea cable between Greece […]

Renewables January 15, 2021

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

Regional Security Coordinator for SEE to step up European integration in synchronous zone

The establishment of the Regional Security Coordinator (RSC) for Southeast Europe (SEE) is an important step towards European integration in a synchronous zone, by integrating two capacity calculation regions: Greece-Italy and Southeast Europe, said Manos Manousakis, CEO and Chairman of the Independent Power Transmission Operator – IPTO or Admie. In an interview with Balkan Green […]

Interviews February 26, 2020

China wants in on Crete power link, joins Minos solar project

China’s president Xi Jinping left Greece with 16 bilateral deals, after an official three-day visit, where the focus was placed on the most populous country’s massive Belt and Road Initiative for infrastructure, manufacturing and trade across Asia, Africa and Europe. The projects include the interconnection cable which is planned to be installed between Crete and […]

Electricity November 14, 2019

EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players

Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen as urgent to avert electricity shortages on Greece’s largest island. Ariadne Interconnection, a special purpose vehicle of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) […]

ESO, IPTO, Transelectrica sign MoU on establishing Regional Coordination Center

Power transmission system operators (TSOs) ESO (Bulgaria), IPTO (Greece), and Transelectrica (Romania) have signed a Memorandum of Understanding (MoU) on key steps toward establishing a Regional Coordination Center (RCC). The three TSOs’ area is part of the South-East Europe (SEE) Capacity Calculation Region (CCR). The EU has 10 Capacity Calculation Regions. Bulgarian TSO ESO will […]