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Clean energy met over half of Greece's electricity demand in the first 9-months of 2024, but there was also an increased use of fossil gas and oil to cover rising consumption.

The subsidy amount will range from 100 to 1,000 euros, with the same income and eligibility criteria in place as last year.

It's important to note that the ExxonMobil/HELLENiQ ENERGY consortium had already conducted preliminary 3D geophysical surveys in the area in early 2024.

The EC's approval follows Masdar's acquisition of a 67% stake in Terna Energy earlier this year and was a necessary step before Masdar can proceed with taking full ownership of the company.

Geoffrey Pyatt, the U.S. Assistant Secretary of State for Energy Resources and former Ambassador to Greece, is expected to meet with senior Greek officials and energy company executives during his visit.

"The rich potential in renewable energy sources (RES) and Greece's geographic location constitute two key pillars upon which our country has the opportunity to build a robust and outward-looking strategy"

The concession plan involves a series of steps for investors interested in taking part in the call to tender

Mitsotakis highlighted that the increase in interconnections among European countries’ networks is a critical factor in promoting the green transition

This is a move that aims for the gradual phase-out of lignite units and an increase in renewable energy sources, with a particular emphasis on wind energy.

The formal agreement came a day after Cyprus’s energy regulatory authority made key changes to the regulatory framework of the cable and subsequently approved the project

Progress for the landmark undersea power cable had stalled after disputes between the regulatory authorities of Greece and Cyprus over cost- and risk-sharing

Athens awaits the much anticipated response from the Cypriot government regarding the Great Sea Interconnector project, which involves a power cable linking the grids of Greece, Cyprus and Israel, paving the way for the energy interconnection of the three countries, this week. Cyprus’ decision will regard an agreement draft that was finalized on September 10 […]

"Something is not working properly. I don’t expect immediate solutions, but at least someone should address this."

Analyst Orestis Omran, during an interview at the OT.gr studio within TIF: 'Implementation of the project will contribute to lifting Cyprus' energy isolation'

For residential self-consumers with installations up to 10.8 kW, any benefit from excess energy can be applied as a discount on their electricity bill from their provider.

Upon delivery of all contracted for vessels by the third quarter of 2027, CCEC expects to become the largest US-listed LNG transportation company

Once operational, the new waste plant in the central Macedonia province will process waste created by nearly 65% of the region’s population

The new notes are expected to be listed for trading on the Euro MTF market of the Luxembourg Stock Exchange.

Greece performed excpetionally according to the biannual EY Renewable Energy Country Attractiveness Index (RECAI), a report that assesses the investment and deployment opportunities in 40 of the world’s top markets