Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsGreece, Government committed...

Greece, Government committed to green transition

Greek Minister of Energy Kostas Skrekas said that Greece has already saved over half a billion euros because the increase of energy production from RES allowed the country to import less natural gas in comparison with the previous years. He added that Greece is preparing to launch new renewable energy auction to further increase the country’s RES capacities and to upgrade its target for the share of renewable energy sources in total consumption in 2030.

Minister Skrekas stressed that the green transition remains the Government’s firm target and it are implementing it despite the unprecedented difficulties provoked by the economic war that Russia has declared to Europe and consequently to Greece.

He said that Greece has already quadrupled RES capacity in the last three years with a double result. Firstly, it provided a boost to the change of the energy production mix in favor of the renewables, and secondly, it achieved substantial savings for the citizens. Greek Government believes in this policy as the path to Greece’s energy independence and will continue to implement it with determination, Minister Skrekas concluded.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!