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Greece, Terna Energy has obtained approval for the installation of 53.7 MW battery storage system

Greek energy company Terna Energy has obtained approval for the installation of 53.7 MW battery storage system at its 22.1 MW solar project in...

Greece, Cost of coal-fired electricity generation surpassed the cost of gas-fired electricity generation

For the first time since the start of energy crisis and the introduction of a temporary recovery mechanism, the cost of coal-fired electricity generation...

Greece, Next RES auction in early September

According to the ministerial decision, the next RES auction, to feature a new remuneration framework for investors, will be held early September. The Regulatory Authority for...

Greece, PPC has requested from the RAE to include planned geothermal units

Renewables arm of Greek Public Power Corporation (PPC) has requested from the Regulatory Authority for Energy (RAE) to include planned geothermal units on non-connected...

Greece, RAE has approved the tender for the sale of 20 % stake in Ariadne Interconnector

Greek Regulatory authority for Energy (RAE) has approved the tender for the sale of 20 % stake in electricity transmission system operator ADMIE’s subsidiary...

Greece, RAE has introduced a 90 % tax on excess profits of energy producers

Greek Regulatory Authority for Energy (RAE), as a part of measures to mitigate the effect of energy crisis on local population and economy, has...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...