MacroPolis

NOME auctions as a mechanism to strengthen competition in the Greek electricity market

With decision no. 353/2016, the Regulatory Authority for Energy (RAE) determined the annual amount of electricity that will be available through auction sales of forward electricity products (NOME Type of Auction), which was scheduled to take place for the first time on Tuesday, October 25, 2016.

Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE

The Public Power Corporation (PPC) said on Wednesday evening that the China’s State Grid Corporation submitted the highest binding offer of 320 million euros for the acquisition of a 24 percent stake in the Independent Power Transmission Operator (ADMIE).

Legislative developments on restructuring and liberalisation of Greek electricity market

Chapter IV of Law 4389/2016 on “Urgent provisions for the implementation of the Agreement for Financial Goals and Structural Reforms and other provisions” includes a number of crucial provisions for the Greek electricity market.

New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market

In early August 2016, Greek Parliament passed Law No. 4414 on the "New support scheme for electricity producers of Renewable Energy Sources (RES) and Combined Heat and Power High Performance (CHP) stations - Provisions for legal and functional separation of supply and distribution industries in the market of natural gas and other provisions "(Gov. A'139 / 09.08.2016), which regulates highly important issues for the Greek energy market as regards the electricity stations generating power from RES and CHP.

After talks with lenders, Greece returns to list of tasks to secure next bailout payment

The discussions between the Greek government and the institutions that resumed last Monday concluded, as had been scheduled, on Friday and have left Athens with numerous matters to take care of in the coming days.

Terna Energy H1 2016 net earnings fall 53 pct on FX movements

Renewable energy company, Terna Energy’s results for the first half of the year show that consolidated sales came to 93.8 million euros compared to 85.4 million euros during the first half of 2015, an increase of 9.8 percent.

Can Greece learn to love renewable energy?

By: Omaira Gill

Greece is one of the most fossil-fuel dependent countries in the European Union, and has struggled to shake off this label at a time when the production of energy from renewable sources is one of the fastest growing sectors in the world.

After calm summer, hectic September lies ahead for Greek government

Although August appears to be a relatively quiet month for the government, particularly compared to the previous months and last year, there is a list of 15 prior actions the government is supposed to implement by mid-September to receive the next aid tranche of 2.8 billion euros.

Energy cooperation provides platform for Greece and Bulgaria to strengthen ties

Greece and Bulgaria should seek ways to enhance their cooperation and model their relationship on the one between Germany and France, Bulgaria's Prime Minister Boiko Borisov is said to have told his Greek counterpart Alexis Tsipras when the pair met in Sofia earlier this week.

Mytilineos Group H1 2016 turnover steady, profits down

The industrial conglomerate Mytilineos Group has released its H1 2016 financial report showing that the group managed to maintain steady growth in the face of a challenging domestic and international business environment, but did register some marginal losses compared to the same period last year.