Gastrade has announced a new operational milestone for the Alexandroupoli LNG terminal, with its maximum daily regasification capacity increasing to 136.2 GWh as of October 21. This marks a significant rise from the 90.8 GWh per day recorded in mid-September. The terminal resumed full operations in August following a seven-month shutdown caused by a technical […]
The European Union’s plan to end Russian gas imports by 2027 presents Greece with both major opportunities and serious challenges. On the positive side, the country’s expanding liquefied natural gas (LNG) infrastructure — anchored by the Revythoussa terminal near Athens and the Alexandroupoli floating storage and regasification unit (FSRU) — is positioning Greece as a
Greece and Italy have advanced plans for their second electricity interconnection, GRITA2, following the inaugural meeting of the Steering and Governance Committee in Rome last week. The two transmission system operators, ADMIE and Terna, have already made substantial progress. GRITA2 has completed feasibility studies and has been included in ENTSO-E’s Ten-Year Network Development Plan. The
The Greek natural gas transmission system operator DESFA has announced a tender worth 1.22 million euros for the supply of steel pipes needed to construct a new pipeline that will connect the planned Alexandroupoli gas-fired power plant to the national gas network. The 840 MW combined-cycle facility, scheduled to begin operations in 2027, is being
Greece: PPC advances major solar and energy storage projects Read More »
The PPC Group is accelerating renewable energy projects in northern Greece, focusing on the former lignite power plant sites of Ptolemaida, Kardia, Agios Dimitrios, and Amyntaio. Once fully operational, the solar power plants currently under construction are set to become the largest in Europe, generating nearly 3,150 GWh annually—over 6% of Greece’s total yearly electricity
The Greek natural gas transmission system operator DESFA reported that total natural gas demand, including exports, reached 56.36 TWh in the first nine months of 2025, up 16.7% from 48.31 TWh in the same period in 2024. The main driver of growth was the export market. Gas exports surged to 5.06 TWh, a substantial increase
Greece achieves record electricity exports in first half of 2025 Read More »
Greece recorded a historic electricity export performance in the first half of 2025, with export volumes reaching 571 GWh from January to June, according to transmission system operator ADMIE. This represents a sharp rise compared to just 22 GWh exported throughout 2024. The increase highlights Greece’s transition toward becoming a consistent net electricity exporter. ADMIE
Greece: HEnEx to introduce bundled weekend product natural gas market Read More »
The Hellenic Energy Exchange (HEnEx) is preparing to expand Greece’s natural gas trading framework by introducing a new weekend trading product that combines Saturday and Sunday transactions into a single package. Until now, weekend trades have been conducted separately for each day. The new arrangement will align the Greek market more closely with regional practices,
Greece: EIB approves €25.9 million green financing for Iberdrola’s Gatza wind farm Read More »
The European Investment Bank (EIB) has approved a green financing package of €25.9 million to support the construction of a new wind farm in central Greece by Spanish energy company Iberdrola. The Gatza wind farm will be situated across the municipalities of Orchomenou and Lokron in the Viotia and Fthiotida regions. Upon completion, the project
Greece and Egypt sign MoU to advance GREGY subsea electricity interconnection project Read More »
Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation with ELICA, a subsidiary of the Copelouzos Group, through a newly signed Memorandum of Understanding (MoU) on the GREGY project. The agreement advances the GREGY electricity interconnection project, a planned subsea link between Egypt and Greece, which is recognized as both a
