HELLENiQ Energy CEO Andreas Shiamishis says Greece is emerging as a key Southeast European hub for LNG, refined fuels and future green-power exports, as policymakers and U.S. officials highlight the country’s growing role in regional energy stability

The Greek industrial and energy group will supply ENGIE with solar power from six UK sites, helping prevent over 52,000 tons of CO₂ emissions annually and advancing the UK’s decarbonization goals

While Greece hesitates, Europe is surging ahead: the EU targets at least 300 GW of offshore wind in the coming decades—ten times today’s output—and up to 500 GW by 2050.

According to a new report released on Wednesday, July 2, by the environmental think tank Green Tank, a staggering 975 GWh of renewable energy were curtailed between January 1 and June 1.

Since its inception, the team has designed and built several small-scale wind turbines, including one installed on the island of Kythnos in 2023.

PPC’s strategic plan includes investments of €5.8 billion—potentially rising to €12 billion—in Western Macedonia, focusing on the development of technological infrastructure such as a Mega Data Center and large-scale energy storage projects.

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.

This performance indicates that Greece has surpassed the target set in the revised National Energy and Climate Plan (NECP).

The announcement was made during the "AWS Day powered by Logicom" event, attended by Greece's Minister of Environment and Energy, Theodoros Skylakakis

Clean energy met over half of Greece's electricity demand in the first 9-months of 2024, but there was also an increased use of fossil gas and oil to cover rising consumption.

The aid will take the form of a direct grant, which will be disbursed in three installments until 2026

The EC's approval follows Masdar's acquisition of a 67% stake in Terna Energy earlier this year and was a necessary step before Masdar can proceed with taking full ownership of the company.

The concession plan involves a series of steps for investors interested in taking part in the call to tender

Pavlos Mylonas spoke at the annual Energy conference, co-organized by the Greek-American Chamber of Commerce and the Hellenic Association for Energy Economics at the Thessaloniki Trade Fair (TIF)

However, overall demand for natural gas saw a slight decline of 7.14%, primarily due to reduced exports

Wind and solar power have become so economically viable that they're now unprofitable for investors, but a boon for Greek families and businesses.

Greece is second only to Chile (20%) in terms of the production of photovoltaics, and the share of solar production in the electricity mix with 19%

The future of urban or public transport in the greater Athens-Piraeus region includes electrification, hydrogen, kinetic energy and even heighted security and monitoring by drones

Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy.