Latest news
Greece's PPC to spend 3.4 bln euro on power grid, renewables by 2023
The coal-reliant utility has pledged to shut down all but one of its coal-fired plants by 2023 to help Greece reduce carbon emissions in line with climate targets
read more... 03/12/2020
Greece’s target of phasing out coal by 2028 is ‘highly optimistic’
Greece apportioned €5bn ($5.9bn) to phase-out the use of coal by 80% by 2023, to reduce the nation’s carbon footprint. These are highly optimistic targets, particularly considering the fact that back in 2015 coal-based generation formed 41.6% of the generation mix. In 2019 this reduced to 27.9%, which, by 2030, if not entirely staged out, is predicted to have a small share of less than 10%.
read more... 25/09/2020
Motor Oil buys 40-MW wind farm in Greece
Greek petroleum refiner Motor Oil Hellas (FRA:MHZ) has acquired a wind farm with 40 MW of licenced capacity in northern continental Greece.
read more... 24/08/2020
Prices fall in Greece's renewables tender with 503 MW awarded
Greece has awarded 502.94 MW of wind and solar power capacity in its latest mixed renewables tender, with bids hitting as low as EUR 49.11 (USD 53.06) per MWh.
read more... 07/04/2020
Bulgaria's Bulgargaz to book capacity at Greek LNG terminal
Bulgaria’s state-owned gas company Bulgargaz will reserve 500 million cubic gas annually for 10 years at the liquefied natural gas (LNG) terminal now being built in northern Greece, the government said on Tuesday.
read more... 11/03/2020