Greek energy exchange founded, launch expected in mid-2019
The Hellenic Energy Exchange has been founded as part of the EU’s target model to create a single energy market, Greece’s Environment and Energy Ministry said. The Greek energy exchange is expected to launch operations in mid-2019, the Greek Observer reported, citing an announcement from the ministry. The country’s first energy exchange will be owned […]
Greek Government prepares legal framework for energy cooperatives
Draft bill which will permit establishment of energy cooperatives should be finalized next month. With that act, consumers will be entitled to become shareholders in energy ventures. Drafting of the future bill on energy cooperatives is going smoothly, according to Greek portal energypress.eu. The Ministry of Energy is working on this with RAE, the Regulatory Authority for […]
Three new signatories join WB6 initiative for energy market integration
Three new signatories have joined the Western Balkan Six (WB6) regional electricity market integration initiative, Energy Community announced. The Romanian transmission system operator CNTEE Transelectrica SA, the Greek transmission system operator IPTO SA and the Greek market operator LAGIE SA have signed the Energy Community’s Western Balkan 6 Memorandum of Understanding (MoU) on regional electricity […]
Greece expects EUR 1.5 billion investments in wind energy
Ten corporations and their associates are set to invest around EUR 1.5 billion over the next three years for the development of wind-energy facilities with a total capacity of 1.400 MW. The majority of these projects are being planned by the ten biggest renewable energy players in the Greek market or smaller firms planning partnerships […]
Ministry to prepare tenders for photovoltaic facilities in Greece
Draft legislation for the support plan for renewables includes provisions for public calls for production capacities, Energy Press reported. A pilot scheme for a minimum of 40 MW in solar power facilities is planned for this year. For that, the Ministry of Environment and Energy has to complete the draft for ministerial decisions and submit […]
Greece raises wind power capacity
There was 171.8 MW in new wind power capacity installed last year in Greece, and 210.7 MW of wind parks were under construction, according to a report by the Hellenic Wind Energy Association (HWEA or Eletaen). There was 2.15 GW either in commercial use or being tested, up by 8.7% from 2014, Energy Press portal […]
Renewables bring deficit of EUR 17.37 million in Greece
The latest report showed the gap at the special account for renewable energy sources at Lagie, the Greek electricity market operator, increased by EUR 11 million in August to EUR 77.21 million, Energy Press said. The state’s special account had begun the year with a deficit of EUR 101.88 million and is forecast to end […]
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