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

Greece to start shutting down coal power plants

A business plan being drafted by the management of majority state-owned Public Power Corporation (PPC) includes a “sweeping divestment” of its coal power plants in Greece, Ekathimerini writes. The plan to start shutting down PPC’s coal-fired power plants, which is expected to be ready by mid-November, is meant to be factored into the structural changes […]

Electricity September 20, 2019

Greek power company PPC CEO steps down

Greece’s majority state-owned Public Power Corporation (PPC) Chairman and CEO Manolis Panagiotakis has tendered his resignation to new Greek Environment and Energy Minister Kostis Hatzidakis, saying that the move is aimed at making it easier for the new government to implement its policy. Hatzidakis thanked the outgoing PPC CEO for his years of service and […]