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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyfactors have driven up the cost of gas and coal generation, which still make up half the domestic supply... are managed and distributed fairly. Gas crunch Electricity prices across Europe are being hit by a rally in natural gas prices, driven by the surge in global demand created by the economic recovery from
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Can the Green Transition be just?
Agora, namely, to reach a point where greenhouse gas emissions from all sectors of the economy are fully offset... gas emissions by at least 55% compared to 1990 levels. Thus, this law raised the bar of climate... to compensate for the “shortfall” of Russian fossil gas, on which the European continent had been deeply
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Gerapatritis to meet Rubio again as Greece pushes Vertical Corridor in Washington
PoliticsGreek PoliticsStavros Papastavrou is also in Washington, participating in the Transatlantic Natural Gas Security... cooperation and on strengthening Europe’s security of natural gas supply. Addressing an event titled “10 Years of US–EU Cooperation in Liquefied Natural Gas,” Papastavrou emphasised on Monday that energy
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Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek Politicsof politicians and certain classes of senior officials from holding shares in jurisdictions which could...The government is being accused of trying to water down the restrictions on the holdings... holdings abroad, something that was previously not allowed. Critics of the amendment claim
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PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomyagenda was the establishment of a holding company, the transfer of a 51 percent stake in ADMIE..., provision of guarantees from the holding company (Energiaki Holding SA) and assignment of existing... to the holding company stands at 491.84 million euros and this amount would constitute the share capital
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Newsletter 24 - 24/04/2015
gas deliveries quickly makes it clear to any observer the political price and financial... invitation to Chinese firms to tender for deep-sea oil and gas exploration licences reinforces... these holdings. Thus, the international investor take up has to be rolled over by Greek investors
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HRADF's updated asset development plan sets out next batch of privatisations
EconomyProgrammeof a new tender for the sale of 66 percent in the Hellenic Gas Transmission System Operator (DESFA), after...) and Thessaloniki (EYATH) water utilities and Public Gas Corporation (DEPA). The Medium-Term Fiscal Strategy... (general mining and metallurgical company) as well as the state’s minority holdings in OTE (1 percent
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The EU decision excluding nuclear and fossil fuels from the Just Transition Fund
Legal). The ambassadors from the EU member states agreed that the JTF should not finance nuclear or natural gas... coal, peat and oil shale or greenhouse gas-intensive industrial processes. According to the Commission’s estimations, sectors with economic activities high in greenhouse gas emission intensity
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek PoliticsGreece is well placed to manage interruptions to natural gas supplies in the coming months... themselves on heightened alert for the prospect of Russia completely shutting off gas supplies. Skrekas... gas-fired power stations to diesel if gas becomes scarce. It was also noted that natural gas importers
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
EconomyProgrammeover the method that will be followed to privatise gas firm DEPA. The proposal was to split DEPA... of buying up Shell’s stake in the Attica Gas corporation. The deal represented a necessary step... and Paneuropean Oil and Industrial Holdings hold 45.5 percent. The remaining is split between institutional
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