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Energy

English Edition

Libya FM reacts to Greek energy exploration south of Crete

Libya FM reacts to Greek energy exploration south of Crete Libya has reacted to Greece’s decision to expand the area of seismic surveys for oil and natural gas deposits off the coast of Crete, with the foreign minister of the Tripoli-based government accusing Athens of exploiting the crisis in the North African country and imposing […]

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Florida Rep. Gus Bilirakis Highlights Importance of Greece as Energy Hub

Florida Rep. Gus Bilirakis Highlights Importance of Greece as Energy Hub Republican Congressman Gus Bilirakis. Credit: Gus Bilirakis Greek-American Congressman Gus Bilirakis on Monday hailed the Greece-US energy alliance and noted that what is good for Greece, Cyprus and Israel is also good for the US. In a video message to the 33rd Greek Economic […]

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A vote of confidence in Greece

A vote of confidence in Greece Russia’s invasion of Ukraine has upended an energy sector that was moving at full stride – though at variable speeds – toward carbon neutrality. Europe realized, suddenly and jarringly, that, in a relationship of mutual dependency, like the one it had developed with Moscow, the supplier has the upper […]

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Economy

HELLENiQ ENERGY: «Κύμα Ζεστασιάς» με δωρεάν πετρέλαιο

HELLENiQ ENERGY: «Κύμα Ζεστασιάς» με δωρεάν πετρέλαιο Πρώτη καταχώρηση: Δευτέρα, 5 Δεκεμβρίου 2022, 17:37 Μεγάλο ενδιαφέρον για συμμετοχή στο πρόγραμμα «Κύμα Ζεστασιάς» της HELLENiQ ENERGY, μέσω του οποίου παρέχεται δωρεάν πετρέλαιο θέρμανσης σε πολυπληθείς οικογένειες, με χαμηλό ετήσιο οικογενειακό εισόδημα, διαπιστώνει η εταιρεία. Όπως αναφέρει, μέσα στα πρώτα εικοσιτετράωρα υλοποίησης της δράσης έχει κατατεθεί πολύ […]

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English Edition

US Under-Sec of State calls Greece a regional hub of digital and energy services

US Under-Sec of State calls Greece a regional hub of digital and energy services US Under Secretary of State for Economic Growth, Energy and Environment Jose Fernandez, in a recorded message on Monday to the 33rd Greek Economic Summit, said that Greece is seen more and more as a regional hub for digital and energy […]

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Economy

HELLENiQ ENERGY: Μεγάλη συμμετοχή δικαιούχων στο πρόγραμμα «Κύμα Ζεστασιάς»

HELLENiQ ENERGY: Μεγάλη συμμετοχή δικαιούχων στο πρόγραμμα «Κύμα Ζεστασιάς» Υλοποιείται απρόσκοπτα με τη συμβολή της ΑΑΔΕ. Μεγάλο είναι το ενδιαφέρον που ήδη εκδηλώνεται πανελλαδικά, μέσω της διαδικτυακής πλατφόρμας https://zestasia.helleniq.gr/, για συμμετοχή στη νέα σημαντική πρωτοβουλία εταιρικής ευθύνης που ανέλαβε η HELLENiQ ENERGY, προσφέροντας δωρεάν πετρέλαιο θέρμανσης σε πολυπληθείς οικογένειες, με χαμηλό ετήσιο οικογενειακό εισόδημα. Ήδη, […]

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English Edition

Green energy tops power from fossil fuels

Green energy tops power from fossil fuels Renewable energy sources accounted for 47.1% of Greece’s electricity generation in the first 10 months of the year, surpassing the share of fossil fuels for the first time, according to a report based on Independent Power Transmission Operator (ADMIE) data. “The energy crisis has de facto accelerated the […]

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English Edition

Green energy accounted for 47% of electricity generation in Oct.

Green energy accounted for 47% of electricity generation in Oct. Renewable energy sources accounted for 47.1% of Greece’s electricity generation in the first ten months of the year, thus surpassing the share of fossil fuels for the first time, according to a report based on Independent Power Transmission Operator (ADMIE) data. “The energy crisis has […]

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English Edition

Minister: Greece a hub for supplying natural gas and green energy

Minister: Greece a hub for supplying natural gas and green energy The government’s strategy to turn Greece into a natural gas and green energy export hub was presented by Environment and Energy Minister Kostas Skrekas on Wednesday while addressing an international conference on Liquified Natural Gas (LNG) held in Athens, ANA reports.Skrekas underlined that exports […]

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English Edition

Energy Min.: Greece built alliances for energy security

Energy Min.: Greece built alliances for energy security Ensuring competitive energy prices and security of supply are the two main challenges facing both Greece and the European Union, said Environment and Energy Minister Kostas Skrekas, speaking today at the Economist conference in Athens. Greece, he added, was better prepared for the crisis with the Revythoussa […]

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English Edition

PM hails Greek role in improving energy security

PM hails Greek role in improving energy security Prime Minister Kyriakos Mitsotakis on Wednesday hailed Greece’s role in improving energy security in the region, amid the disruption caused by Russia’s invasion of Ukraine. “The crisis is changing the energy map of Europe and Greece is at the forefront of this change,” he told an international […]

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English Edition

Grid too narrow for all RES

Grid too narrow for all RES The Ministry of Environment and Energy is setting ambitious goals in the revised National Plan for Energy and Climate (ESEK), regarding the penetration of renewable energy sources, which are in danger of remaining on paper because they require a huge development of networks. RES investments by public and private […]

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English Edition

RES: Top energy source in Greece in the 10 months January – October

RES: Top energy source in Greece in the 10 months January – October Energy production from Greek RES (Renewable Energy Sources) stations and large hydroelectric projects surpassed, for the first time in a whole decade, that of fossil fuels (gas and lignite), covering 47.1% of demand. The analysis of the Independent Power Transmission Operator’s data […]

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English Edition

Hopes of big natural gas reserves

Hopes of big natural gas reserves The Greek government, the country’s Hydrocarbons and Energy Resources Management Company (EDEYEP) and the companies involved in exploring for hydrocarbons – mainly natural gas, but also oil – west and southwest of the Greek coast, have to balance the need for quick results with the geopolitical realities of the […]

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English Edition

Europe’s south offers a warm welcome to energy migrants

Europe’s south offers a warm welcome to energy migrants Software developer Victor Varlamov logs in every morning to work on a sunny Spanish island off the coast of Africa after the prospect of steep heating bills and a winter made harsher by the Ukraine war drove him to leave his adoptive home in Poland. He […]

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English Edition

Blackout in Ukraine as Russia Strikes Ukrainian Energy Grid

Blackout in Ukraine as Russia Strikes Ukrainian Energy Grid Zaporizhzhia is the largest nuclear power plant in Europe. It is currently occupied by Russian forces. Credit: Ralf1969, CC-BY SA-3.0 / Wikimedia Commons Satellite images captured on November 24 show vast tracts of Ukraine in almost complete darkness. The satellite imagery shows the impact of recent […]

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English Edition

Energy Minister: Greece is asking for a 150-200 euro cap on natural gas

Energy Minister: Greece is asking for a 150-200 euro cap on natural gas “A cap at 275 euros is not, in essence, a cap,” Environment and Energy Minister Kostas Skrekas said on Thursday upon his arrival at the Council of Ministers meeting in Brussels, pointing out that a ceiling between “150 euros and 200 euros […]

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English Edition

ENEL energy group unveils strategic plan for Greece

ENEL energy group unveils strategic plan for Greece Italian multinational ΕΝΕL group plans to speed up its investment plan in Greece, leaving the door open to a possible expansion of its activities to other sectors by 2025, it said on Tuesday. Presenting its strategic plan for the period 2023-2025, the electricity and gas manufacturer and […]

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English Edition

European Space Agency Plans to Beam Solar Energy From Space

European Space Agency Plans to Beam Solar Energy From Space European Space Agency (ESA) Plans to Beam Solar Energy From Space Credit: European Space Agency / Public Domain The European Space Agency (ESA) is contemplating the plan of the Solaris initiative to beam solar energy from space in order to distribute electricity wirelessly to Earth. […]

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Economy

Alpha Finance: Νέες τιμές-στόχοι για HELLENiQ ENERGY και Motor Oil

Alpha Finance: Νέες τιμές-στόχοι για HELLENiQ ENERGY και Motor Oil Στη διατήρηση των συστάσεων αγοράς για την HELLENiQ ENERGY και τη Motor Oil, αναβαθμίζοντας παράλληλα τις τιμές στόχους τους προς τα πάνω, προχώρησε η Alpha Finance.   Πιο συγκεκριμένα, η Alpha Finance προχώρησε στην αναβάθμιση της τιμής-στόχου της  HELLENiQ ENERGY, €9,14 και στα €25,56 για […]

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English Edition

Greek economic growth seen lower in 2023 amid energy woes

Greek economic growth seen lower in 2023 amid energy woes Greece’s economy is projected to grow by 1.8% next year, according to the country’s 2023 budget, slightly lower than the figures predicted last month as higher energy costs and inflation take a toll. The final 2023 budget submitted to parliament on Monday is the first […]

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English Edition

Food prices consistently higher than EU

Food prices consistently higher than EU The turbulence in energy prices and other commodities like cereals and grains brought on by Russia’s invasion of Ukraine may have exacerbated the inflationary crisis for almost 12 months now, but for many years in Greece, the cost of food and other necessities has not been in line with […]

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English Edition

The Germans are coming, for the warm winters

The Germans are coming, for the warm winters The energy crisis and the quality of life are causing a wave of relocations to Crete for temporary or permanent residence, in the wake of Tourism Minister Vassilis Kikilias’ invitation over the summer to Germans, and especially pensioners, to ‘winter’ on the balmy southern Aegean island.  Since […]

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English Edition

Fragogiannis in UAE to discuss renewables projects

Fragogiannis in UAE to discuss renewables projects Two investment projects for renewable energy sources, with a total capacity of 400 megawatts are among the plans with a cumulative budget of 2.5 million euros being put forward in the context of the Greece-United Arab Emirates business cooperation. These projects are on the agenda of Deputy Minister […]

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English Edition

Energy Sec. Gen. to OT: “The whole truth about surveys for Greek hydrocarbon deposits”

Energy Sec. Gen. to OT: “The whole truth about surveys for Greek hydrocarbon deposits” The general secretary of Energy and Mineral Raw Materials of the Ministry of Environment and EnergyApocalyptic made a series ofrevelations concerning the ten-year saga of the Greek hydrocarbon research project. Alexandra Sdoukou has been actively involved since 2011, when the first […]

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English Edition

‘Energy officers’ in short supply

‘Energy officers’ in short supply Only 798 state entities out of 2,776 in Greece have designated an “energy officer” to implement a plan to cut energy consumption in the public sector, state agencies and local government and help deal with the energy crisis.  The government announced a plan in June that would see government buildings […]

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English Edition

Europe’s energy crisis and the ongoing gas price cap debate

Europe’s energy crisis and the ongoing gas price cap debate A potential EU-wide cap on gas prices – an initiative supported by Greece – hangs in the balance even as Brussels circulated a non-paper outlining what this gas price “correction mechanism” could look like. Efi Koutsokosta, the EU Correspondent for Euronews and Skai TV, joins […]

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English Edition

Turkey in talks with some countries to import then export energy

Turkey in talks with some countries to import then export energy Turkey is in talks with some countries to import energy which would be later exported, President Recep Tayyip Erdogan was quoted as saying on Thursday, without naming any countries. In a readout of his comments to reporters on his flight back from the G20 […]

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English Edition

Food service businesses to meet the PM

Food service businesses to meet the PM Food service companies have warned Energy Minister Kostas Skrekas that “unless there is more support to deal with the cost of energy during the difficult winter ahead, it is certain companies in the sector will shut down,” and now they are about to ask for help from the […]

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English Edition

Greece’s energy ambitions: Electricity cables, renewables and pipelines

Greece’s energy ambitions: Electricity cables, renewables and pipelines Prime Minister Mistotakis’ recent participation at COP27 in Egypt and the latest announcements by Greece that it is exploring for hydrocarbons at sea have put a renewed focus on energy in the Eastern Mediterranean, specifically Greece’s role as a key energy player. Greece’s gas ambitions, as the […]

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