- 18 January, 2025
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Greece - EastMed Energies
Greece Achieves High Green Energy Production Record in 2023
Greece has stated that it achieved record-high rates of production in hydroelectric, solar and wind energy during 2023, IPTO the country’s power grid operator announced according to Reuters. This comes as Greece seeks to be a green energy exporter to northern countries. The power produced through renewables and hydroelectric sources reached 57% of Greece’s energy […]
EU Proposes EastMed Gas Pipeline to Greece
The European Commission has included a proposed pipeline connecting gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its list of Projects of Common Interest (PCI). This means that the project will have access to a fast-track permitting process and special funding. The project is sponsored by energy group Edison and […]
Egypt-Greece Interconnector Under Consideration to Join EU PMI Projects
The electrical interconnector between Egypt and Greece, which is known as “GREGY,” has been proposed for consideration in order to be among the European Union’s (EU) list of Projects of Mutual Interest (PMI), Energy Live News reported. This comes as the European Commission’s Directorate-General for Energy announced this potential inclusion, which marks a milestone in […]
Environmental Group Encourages Greece to Consider Ecological Implications ...
Greenpeace has warned Greece that gas exploration projects in the Mediterranean may have a negative impact on whales and dolphins. A survey done by the environmental group in waters off southwestern Greece and Crete which are earmarked for exploratory drilling, found that sea mammals were present there in the winter, as well as the summer. […]
DESFA LNG Auction Succeeds
DESFA liquefied natural gas (LNG) cargo slots auctions for 2024 have proven successful, according to a report from Energy Press. Just five of a total of 45 slots were available as 40 slots had already been reserved by bidders during a previous round, the report added. In 2023, DESFA is staging LNG slot reservation auctions that […]
Srbijagas, DEPA Sign MoU for Cooperation on Natural Gas Sector
The Serbian gas company Srbijagas and the Greek gas firm DEPA Commercial have signed a memorandum of understanding (MoU) to cooperate in natural gas and ensure the security of supply for both markets, according to a statement issued by Srbijagas. The MoU was signed by Srbijagas’ General Manager Dušan Bajatović, and his counterpart from DEPA […]
Cyprus, Israel, Greece Mull Energy Cooperation
Cyprus, Greece, and Israel agreed to strengthen regional energy cooperation following the Ninth Trilateral Summit on the 4th of Sep in Nicosia focusing on exports to Europe, especially natural gas, and renewables. “We agreed that the energy sector, and in particular, natural gas, electricity and renewable energy, is a solid foundation for cooperation in the […]
Greece’s Alexandroupolis FSRU Project Expected to Be Complete in 2024
The pipeline for Greece’s first offshore LNG terminal project has been installed in Alexandroupolis, northeast Greece.
Greece’s DESFA Announces 37.6% YoY Revenue Increase
Greek gas grid operator DESFA announced impressive financial results for 2022. The company recorded a 37.6% year-on-year (YoY) revenue increase, reaching €278.3 million from €202.6 million. The results further include a 29% YoY profit growth, recording €81.6 million from €63.1 million a year earlier.
Greece to Hold 1st Hydrogen, Green Gases Forum in June
Greece will host the 1st Hydrogen and Green Gases Forum, which is an energy press event constituting the country’s only forum to comprehensively cover green gas and hydrogen
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