Ownership of the electricity interconnection assets will temporarily remain with ADMIE.
Wind power provided 20% of the electricity consumed in Europe last year, but the capacity built during the year was less than half of what is needed to meet the European Union’s 2030 energy and climate targets, industry group WindEurope said on Friday.
Applications for the new housing energy saving program, with a budget of 434 million euros, can be submitted as of Monday.
Prime Minister Kyriakos Mitsotakis travels to Cairo on Wednesday for the 10th Trilateral Summit between Greece, Cyprus and Egypt, a high-stakes meeting held against a rapidly changing geopolitical landscape.
A subsidy of 1.5 cents per kilowatt-hour (kWh) has been applied to electricity tariffs for January, according to a statement from the Ministry of Environment and Energy.
The Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, emphasized Turkey’s hydrocarbon exploration efforts in the Mediterranean during a speech at an AKP conference in Trabzon on Sunday.
The rise in natural gas prices in Europe is threatening to impact the competitiveness of the continent’s economies, including Greece’s. As the European market responds to the abrupt cessation of Russian gas transit through Ukraine, Greek consumers, businesses and industries face mounting energy costs. The supply of the Greek gas market is not affected by […]
The breakaway Moldovan region of Transdniestria cut heating and hot water supplies to households on Wednesday after Russia stopped supplying gas to central and eastern Europe via Ukraine.
During a quick trip to Athens recently, Israeli Energy and Infrastructure Minister Eli Cohen signed an agreement with his Greek counterpart Thodoros Skylakakis to strengthen energy cooperation and connectivity between the two countries.
The country’s electricity providers, set to announce their green variable rates for January on the first day of the month, are expected to keep levels subdued, with slight reductions not ruled out, aided by a fall in wholesale electricity prices in December, down to an average of 129.81 euros per MWh from 137.42 euros per MWh in November.
Liquefied natural gas tanker ETYFA-Prometheas is currently stationed in the Malacca Strait in Malaysia.
Delegations representing the Greek and Cypriot governments met in Athens on Friday for talks, within the framework of an understanding between Athens and Nicosia regarding the electrical interconnection project.
The new smart electricity meters that are gradually being installed across the power network will provide consumers with special electricity tariffs for heating, the possibility of pre-purchasing energy at a discount and automatic fault management, among other features.
ExxonMobil’s drilling rig is set to begin operations in Cyprus’ exclusive economic zone in mid-January.
The commercial operation of two new gas turbine units has just begun at the Public Power Corporation Group power plant on Santorini.
Turkey aims to provide electricity to Syria and strengthen its power infrastructure, Energy Minister Alparslan Bayraktar was quoted on Friday as saying, adding that Ankara may also work with Syria’s new leadership on oil and natural gas.
Choosing an energy provider has become a headache for consumers.
Greece and Israel signed a strategic energy agreement on Monday, further upgrading their bilateral economic and political relations amid escalating uncertainty in the Eastern Mediterranean and Turkish claims and aspirations in the region.
Reactions are mixed in Nicosia about the reported agreement between Greek grid operator ADMIE and French fund Meridiam.
Greece and Israel have signed a bilateral agreement that both sides say will promote regional energy stability.
Qatar would stop shipping gas to the European Union if member states strictly enforce a new law on forced labor and environmental damage, Energy Minister Saad al-Kaabi told the Financial Times in an interview published on Sunday.
Russian President Vladimir Putin met Slovak Prime Minister Robert Fico in the Kremlin on Sunday, a rare visit by a European Union leader to Moscow as a contract allowing for Russian gas to transit through Ukraine nears expiry.
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