Greece: Solar sector poised for major expansion in 2025 Read More »
Greece’s solar energy sector is expected to further solidify its leading role in the country’s renewable energy landscape throughout 2025, according to the latest projections. By the end of 2024, solar installations — including both small-scale systems and large solar farms — accounted for 62 percent of Greece’s total renewable energy infrastructure. Out of the […]
Greece to suspend electricity imports during Easter to protect grid stability Read More »
Greece will temporarily suspend electricity imports from Bulgaria, Albania, North Macedonia and Turkey during the upcoming Easter weekend, in a coordinated effort to safeguard its national grid. The restriction will be in place daily from 8 AM to 3 PM, spanning from Friday through Monday. The measure, organized by the Greek transmission system operator ADMIE
Greece and Italy prepare for seabed surveys to triple power link capacity Read More »
Preparatory work is underway for seabed surveys in advance of a major undersea electricity interconnection project between Greece and Italy. The initiative aims to boost the transmission capacity between the two countries from the current 500 MW to 1,500 MW. These exploratory surveys are expected to begin soon and will be crucial in shaping the
Greece sees significant rise in gas consumption and LNG imports in Q1 2025 Read More »
Greece recorded a significant increase in natural gas consumption in the first quarter of 2025, with total usage reaching 22.3 TWh, a 35.07% jump from 16.51 TWh in the same period of 2024, according to data released by the country’s gas transmission operator, DESFA. This surge builds on strong growth in 2024, when annual consumption
Greece: Optimus Energy and emsys VPP launch virtual power plant Read More »
Optimus Energy has partnered with the German service provider emsys VPP to deploy its virtual power plant (VPP) for trading renewable energy in Greece’s wholesale electricity and balancing markets. With a portfolio approaching 4 GW of solar and wind power, Optimus Energy is a leading player in Greece, representing half of the renewable energy capacity
Dimitris Skalkos, Secretary General for International Economic Affairs at the Greek Ministry of Foreign Affairs, emphasized the strategic significance of the upcoming gas interconnector with North Macedonia, stating it will bolster the resilience of Europe’s energy system. His remarks were made during the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the
Greece is preparing to open a tender for offshore oil and gas exploration in the waters south of Crete by the end of April, Energy Minister Stavros Papastavrou announced at the 10th Delphi Economic Forum. The move follows a formal expression of interest from U.S.-based energy giant Chevron. Minister Papastavrou stated that the first government
The bio-LNG sector is gaining traction and is set to make its formal debut in the Greek market once DESFA, the country’s natural gas transmission system operator, secures certification for the Revythoussa LNG terminal, located near Athens. The certification process is expected to be completed by the end of the year. The approval will address
Greece: RWE and PPC to build 567 MW solar projects as part of clean energy push Read More »
Energy giants RWE and PPC are advancing Greece’s clean energy transition through their joint venture, Meton Energy, which has made a final investment decision to proceed with the construction of two large-scale solar projects in Central Macedonia. The Kotyli and Neo Syrakio solar plants will have a combined capacity of 567 MW and are expected
Greece: Exploratory drilling in Eastern Mediterranean to start by 2026 Read More »
The first exploratory drilling in the Eastern Mediterranean is projected to commence between late 2025 and early 2026, according to Greek Environment and Energy Minister Theodoros Skylakakis. He made this announcement during the “East Mediterranean Gas Forum” meeting held in Athens. Skylakakis emphasized the increasing significance of the Eastern Mediterranean region for European energy security
