Key to green economy lies in high-yield investments, argues Minister Thodoros Skylakakis.
ENERGY
Environment and Energy Minister Thodoros Skylakakis denied that “green” electricity bills were being abolished, according to a ministry announcement on Friday, while clarifying that power providers will no longer be obliged to offer the “green” billing system to new customers from the start of 2025.
Greece has set more ambitious targets for expanding solar and wind power to cut greenhouse emissions by 2030 under a revised energy and climate plan presented on Friday.
Greece’s Hydrocarbons and Energy Resources Management Company (HEREMA) announced on Thursday the successful completion of the first phase of hydrocarbon surveys by ExxonMobil and HellenIQ Energy southwest of Crete.
A Liberia-flagged tanker was struck by an unidentified projectile in the Red Sea causing minor damage, but no casualties, British maritime security agencies said on Thursday.
The Energy Ministry is putting the finishing touches to the shift of the off-peak charging for electricity consumption from the night to the daytime and those hours when renewable energy source output peaks.
Work on a pilot project to make the small northern Aegean island of Agios Efstratios (Ai Stratis) run entirely and autonomously on green energy has been successfully completed, Hellenic Electricity Distribution Network Operator SA (DEDDIE) announced on Wednesday.
The three priorities for Public Power Corporation are the regulation of markets, the unification of capital markets, and the acceleration network development, President and CEO Georgios Stassis said addressing the BloombergNEF Summit in London on Tuesday.
The Ministry of Environment and Energy on Tuesday announced a boost in electricity bill support for more than 700,000 vulnerable households in October.
Investments of 1 billion euros in Greece are foreseen in the strategic plan of Italgas for 2024-2030 through its subsidiary Enaon, it was announced on Monday.
Fears of another possible energy nightmare, which will again test fragile economies, are looming across Europe.
Bulgargaz, the Bulgarian state-owned natural gas distribution company, has said that French oil major TotalEnergies ranked first in a tender offer to supply liquefied natural gas (LNG) in November and December to the Alexandroupoli terminal in Greece.
Few people know that residents in areas where renewable energy stations have been installed receive a discount on their electricity bills. It’s not a lot of money, but it’s a fair reward from the power companies for any nuisance they cause with their projects.
“Green” residential electricity tariffs are reduced by 6-17% in October, while two suppliers (Heron and Protergia) have kept the prices stable for the fourth month in a row.
A reduction{BLACK TEXT} of 6.1% will show up on green household electricity bills in October, the Public Power Corporation said on Tuesday.
The commercial operation of the Alexandroupolis FSRU Terminal is starting on Tuesday, transforming Alexandroupolis into a new energy gateway for Central and Southeast Europe, according to operating company Gastrade.
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