Energy

The European Agency for the Cooperation of Energy Regulators (ACER), forecasts that the cost of the EU’s electricity transmission system could increase by 40% by 2030 and nearly double by 2050.

This performance indicates that Greece has surpassed the target set in the revised National Energy and Climate Plan (NECP).

Currently, the HRADF holds a 65% stake in DEPA Commerce, while Helleniq Energy owns the remaining 35%.

Last Monday, Mitsotakis, brought Greece into the discussion on nuclear energy speaking at two events, one hosted by Bloomberg and another at the GenAI Summit.

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 energy ministers of Greece, Bulgaria and Romania said sharp price hikes in SE Europe's wholesale power markets last summer wer due to external factors

The visit to the Alexandroupolis FSRU Terminal was organized by the Hungarian embassy and further underscores the importance of the project for the EU in its bid to improve the continent's energy security.

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

Eli Cohen, the Israeli energy minister, said he spoke with his Cypriot counterpart over the proposed project, which aims to link the power grids of Israel, Cyprus and Greece

Both Greek, Cypriot energy ministers merely note that negotiations will continue; Nicosia has tabled reservations over cost-sharing, project's viability

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

CEO of the recently renamed Metlen Energy & Metals group said 'tangible measures' are required to protect European industry; cites article on CRMs

This optimism is fueled by PPC's recent 700 million euro acquisition of Macquarie's renewable energy portfolio in Romania and the company's strong financial performance in the first half of the year.

Greece's carbon dioxide storage initiatives attract local and international interest, driven by EU decarbonization policies and industry needs

The Katlan project is expected to unlock additional value in Israeli waters, enhancing energy security and supporting sustainable development in both Israel and the wider region.

Motor Oil, a petroleum industry company based in Greece focusing on oil refining and trading, is scheduled to hold an extraordinary meeting on July 17 to approve the acquisition

On the renewable energy front, Stassis cited cooperation with major partners, including RWE, for projects totaling 940 MW, along with Intrakat for up to 2.7 GW and Metlen for 2 GW

The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

Top U.S official warns of several challenges faced by the planet, and significance of Western countries' efforts to achieve energy independence from Russian fossil fuels