green energy

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

The announcement was made during the "AWS Day powered by Logicom" event, attended by Greece's Minister of Environment and Energy, Theodoros Skylakakis

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 aid will take the form of a direct grant, which will be disbursed in three installments until 2026

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.

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

Pavlos Mylonas spoke at the annual Energy conference, co-organized by the Greek-American Chamber of Commerce and the Hellenic Association for Energy Economics at the Thessaloniki Trade Fair (TIF)

However, overall demand for natural gas saw a slight decline of 7.14%, primarily due to reduced exports

Wind and solar power have become so economically viable that they're now unprofitable for investors, but a boon for Greek families and businesses.

Greece is second only to Chile (20%) in terms of the production of photovoltaics, and the share of solar production in the electricity mix with 19%

The future of urban or public transport in the greater Athens-Piraeus region includes electrification, hydrogen, kinetic energy and even heighted security and monitoring by drones

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.

The Modernization Fund was established to support EU member states with a GDP per capita below 60% of the EU average in achieving the goals of decarbonization and transitioning to a zero-emission economy

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 […]

Former US treasury secretary Larry Summers was joined in a panel discussion by Jerry Kalogiratos, CEO of Capital Product Partners, and Angeliki Frangou, CEO of Navios Maritime Partners

Green growth, investments and Greece as an attractive investment destination discussed, along with specter of inflation

Several Greek islands have been recognized by the European Commission's "30 renewable islands for 2030" initiative, including Tilos, Astypalea, Lesbos, Ikaria, Kastellorizo, and Psara

A tender to install the regenerative breaking system technology will be launched Q1 2024