Greece

Greece weighs restart of offshore wind program amid market uncertainty Read More »

Greece weighs restart of offshore wind program amid market uncertainty

The Ministry of Environment and Energy is considering restarting Greece’s offshore wind program, focusing for now on preparatory work rather than immediate commitments. No final decision has been made, but discussions are underway as the government weighs market uncertainties and technological challenges. Officials cite several reasons for caution. Floating wind technology remains expensive, auction systems […]

Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant Read More »

Greece: Major Greek-Israeli consortium advances 600 million euro Larissa gas power plant

Greece’s upcoming combined cycle gas turbine power plant in Larissa, valued at nearly €600 million, is drawing strong competition from three major Greek groups and one foreign bidder. The project is being developed by the Greek-Israeli consortium DEPA-Clavenia. Tender documents, covering procurement, construction, and commissioning, were issued at the end of July, with final bids

Greece cuts electricity losses through anti-theft measures Read More »

Greece cuts electricity losses through anti-theft measures

The Greek electricity distribution operator DEDDIE (HEDNO) reported a significant reduction in electricity losses, dropping to 10.9% in 2024 from 11.36% in 2023—the first notable decline after years of challenges. The improvement is attributed to a combination of targeted measures, including advanced algorithmic models to detect electricity theft, increased technical staffing, modernized inspection training, and

Greece: Wind energy permitting plunges 65% in 2025 amid licensing delays Read More »

Greece: Wind energy permitting plunges 65% in 2025 amid licensing delays

WindEurope’s autumn report indicates a significant slowdown in Greece’s wind energy market during the first half of 2025. New installation permits fell sharply by 65% compared to the same period in 2024, with only 214 MW of permits issued, down from 618 MW a year earlier. Industry stakeholders attribute the decline primarily to persistent licensing

Greece: Electricity market set for consolidation into four major suppliers by 2026 Read More »

Greece: Electricity market set for consolidation into four major suppliers by 2026

Greece’s electricity retail market is entering a consolidation phase that analysts believe will result in four dominant suppliers. Smaller retailers with market shares just above 10 percent are seen as the most likely candidates for acquisitions or market exits as merger and acquisition activity accelerates. Public Power Corporation (PPC) remains the market leader with a

Greece: Flexible grid connection framework moves forward to boost renewable integration Read More »

Greece: Flexible grid connection framework moves forward to boost renewable integration

A new rulebook for flexible network connection terms is progressing after electricity transmission system operator ADMIE submitted its framework to the Ministry of Environment and Energy. The proposal will form the basis of legislation that changes how connection capacity is allocated to new renewable projects. The Ministry plans to present the draft law to Parliament

Greece: Solar surge in narrows wind’s lead, raising grid and market challenges Read More »

Greece: Solar surge in narrows wind’s lead, raising grid and market challenges

Data from Greece’s electricity transmission system operator ADMIE show a sharp acceleration in solar growth on the transmission network, challenging wind power’s long-standing dominance and raising concerns over midday overgeneration, curtailments and downward pressure on market prices. Renewable capacity on the transmission grid has reached 7,741 MW, supported by 699 MW of pumped-storage hydro. Wind

Greece: Quest Holdings to sell 36.7 MW of solar assets as household electricity bills rise Read More »

Greece: Quest Holdings to sell 36.7 MW of solar assets as household electricity bills rise

Quest Holdings has signed a binding agreement to sell 36.7 MW of operating solar assets in Greece for approximately 36 million euros. The transaction will be carried out by its subsidiary Quest Energy, with the portfolio transferring to an undisclosed international independent electricity producer outside the Quest Group. The solar plants involved in the deal

Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity Read More »

Greece: Gastrade restarts Alexandroupoli LNG terminal at reduced capacity

Gastrade has resumed unloading and regasification operations at the Alexandroupoli LNG terminal, though at a reduced capacity. Daily regasification is currently limited to up to 45.4 GWh/day, supported by backup high-pressure pumps that cover only 25% of the terminal’s nominal gasification capacity. The capacity cap is expected to be lifted at the start of the

Scroll to Top