PPC Renewables to make 31 MW biomass power plant in lignite land
A biomass plant will supply the output from as much as 25 MW of its capacity to the Greek grid and use 6 MW for internal purposes, the government said as it gave a green light to the project submitted by PPC Renewables. The Ministry of the Environment and Energy approved the so-called environmental terms […]
Electricity supplier switching in Greece nearly doubles in 2019
Electricity supplier switching in Greece in 2019 jumped 89% against 2018, reflecting growing consumer confidence in independent suppliers and the effectiveness of discounts and other offers designed to attract customers. Slightly over 576,000 consumers, or 8.5% of the total number, switched their supplier last year, compared with 4.51% in 2018, according to Greek energy news […]
PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]
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 […]
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 […]
China invests in Greek wind parks, IAE support investments in renewables
China’s Shenhua Group has bought 75% stake in Copelouzos’s four wind farms. The transaction is the first investment of the Chinese company in wind parks in Greece and comes on a day when the IEA’s review found that current policies will not be adequate to guide the energy sector towards the long-term energy transition and […]
IENE Conference – SEEED 2017: Sustainable energy development way forward for SEE
The South East Europe is facing as the rest of the Europe significant changes in energy sector and challenges in shaping its energy future considering the fact that is still heavily dependent on fossil fuels and vulnerable in terms of energy security. However, decarbonisation, new energy mix with greater share of renewables, capacity building, credible […]