Energy

Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy.

Alexandra Sdoukou: Never in post-war Greece have we had so many two-dimensional and three-dimensional surveys

Currently, renovations in the EU countries are only reducing annual energy consumption by 1%, according to the European Commission.

An electronic data collection mechanism will be linked to Tax Warehouses and Customs Warehouses input-output analysis systems, while a digital application will allow for registration of Energy Products by bunker vessels

Renewable energy sources in the country for 2022 generated 43% of electricity demand

The inaugural energy cargo will test the operation of the newly completed Floating Storage Regasification Unit terminal off the extreme NE Greek port

A noteworthy portion of Ukraine's current exports is facilitated by Greek-owned fleets, comprising 37.24% of total ships departing from Ukrainian ports and carrying 53.11% of the country's exported goods

The head of Greece’s national organization of immovable private property owners warned millions of owners are at risk of facing depreciation of their assets in the coming years due to the inability to finance the mandatory energy upgrades of their buildings.

Last year marked an auspicious milestone for Greece, as 57% of the electricity generated in the country was derived from renewable energy sources (RES), such as solar, wind or hydroelectric units. That equates to over 25 TWh. In comparison, RESs accounted for 50.12% of the power generated in 2022. Over a 10-year period, electricity generated […]

Average yearly costs for power in 2021 calculated at 9,000 euros, jumping to 14,000 euros in 2022 and 17,500 euros in 2023

By all accounts, such drilling will focus on exploitable natural gas deposits in Greek waters

The emphasis now is on expanding vertical energy and transport routes from the Aegean to eastern and central Europe

This transaction marks the latest investment by Macquarie Asset Management in the Greek energy market, following its acquisition of a 49 per cent stake in Hellenic Electricity Distribution Network Operator in 2022.

Simultaneously, Greece maintains its standing within the top 20 globally, securing the 18th position in the overall ranking

According to the agreement, the Intrakat Group is set to transfer six operational and under-development RE projects to DEI Renewables, totaling approximately 164 MW

Commission approves €150 million Greek scheme to support energy-intensive companies in the context of Russia's war against Ukraine

According to energy sector websites, the Greek company will be in charge of the engineering, procurement and construction of civil works, and installation of all equipment

Mr. Aivaliotis emphasized that social tariffs are continuing as usual. "Support for the vulnerable continues," he underscored, noting provisions even for those using electric heating.

Natural gas prices in Europe are close to their lowest levels in six months and a full 70% down on this time last year, while oil prices are also below $80/barrel, which is less than they were at the start of last winter