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
IPTO completes Crete-Peloponnese power link – Crete to burn less oil to produce electricity
This first interconnection between Crete and the mainland will cover a third of the island’s energy needs, substituting aged local power plants.
How BiH, Croatia, Serbia TSOs reconnected two grid regions of Continental Europe synchronous area
The Continental Europe synchronous area broke down and split into two grid regions in January.
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 […]
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 […]
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 […]
IPTO, ESO, Transelectrica agree on Thessaloniki as seat of new SEE Regional Security Coordinator
IPTO, ESO and Transelectrica have agreed on establishing a new Regional Security Coordinator (RSC) for Southeast Europe in Thessaloniki, Greece, following long negotiations between the Greek TSO, the Bulgarian TSO and ENTSO-E. All the stakeholders have confirmed the decision for Thessaloniki to be the location of the new SEE RSC and all three NRAs have […]