The estimated budget stands at 8.1 billion euros, with completion targeted for late 2035.
The project is being implemented by TERNA, the construction arm of the GEK TERNA Group
Each spring and autumn, when solar and wind energy production surges in Greece while electricity demand remains low, grid operators impose curtailments to ensure grid stability and prevent blackouts.
As of the Greek-Egyptian plan to move forward in the critical field of energy, Energy and Environment Minister Theodoros Skylakakis signed a memorandum of understanding (MoU) with the Egyptian Minister of Petroleum & Mineral Resources Karim Badawi during the former’s two-day visit to Cairo. The signing of the MoU, which took place at the Egypt […]
TERNA ENERGY’s Board of Directors, in its reasoned opinion, notes that the company’s valuation range is between €11.9 and €21.5 per share, while Masdar’s offer stands at €20 per share.
A dispute over the European Union’s energy policies has led to the collapse of the coalition government in Norway, just as U.S. President Donald Trump’s threats to impose tariffs and claim Greenland were set to reignite the debate over Oslo’s potential EU membership. Norway’s euroskeptic Center Party resigned from the government on Thursday over a […]
Foreign Minister George Gerapetritis met with his Latvian counterpart Baiba Braže
This strategic move highlights both groups' commitment to advancing Greece's offshore wind energy sector and achieving the nation’s clean energy goals.
The statement came after the incoming U.S. president indicated a meeting with Putin was being planned, though Trump did not provide a specific timeline.
Christodoulides announced Cyprus’ intentions to progress with its exploration activities, aiming to become an alternative and reliable source of natural gas for the EU.
The total financing for the project amounts to €41.9 million
President plans to call for review of U.S. trade relationship with China, trade deficits and unfair trade practices
In line with this effort, the Hellenic Hydrocarbon Resources Management and Energy Resources Company (HEREMA) is submitting the Strategic Environmental Impact Study today
The president-elect’s team briefed senior Republican leaders about the plans on Sunday.
The Greek Premier, among other things, suggests the EU authorities should aim to implement prompt and more flexible initiatives to respond to the current energy challenges
Mitsotakis initially expressed his appreciation to Egypt's contribution regarding the situation in Libya.
The "I Save 2025" and "I Change My Water Heater" programs provide subsidies for energy-saving projects, including window replacements and solar water heater installations.
The developments in Syria are expected to be high on the agenda of discussions, with Athens reiterating that its priority is to ensure the unity, independence, sovereignty, and territorial integrity of the country.
“When prices exceed a certain threshold, we intervene,” said Skylakakis
The European Agency for the Cooperation of Energy Regulators (ACER), forecasts that the cost of the EU’s electricity transmission system could increase by 40% by 2030 and nearly double by 2050.