Regulatory Authority for Energy

Investors keen on solar power projects in Greece

Investment prospects in the renewable energy sector look promising. From December 1-18, 1,500 applications for projects representing 15 gigawatts of power were submitted to the Regulatory Authority for Energy (RAE) and 20 GW could be reached by today's deadline. 

Most applications were from foreign companies and funds.

ADMIE wants power rate hike

In the next few days the Independent Power Transmission Operator (ADMIE) is expected to submit a demand to the Energy Ministry and the Regulatory Authority for Energy (RAE) for the extraordinary revision of the weighted average cost of capital (WACC) - which will mean power rate hikes for consumers - after realizing that the reduction of corporate tax from 29 to 24 percent will have an impact o

Highway operators stand in the way of wind turbine installations

Investors in renewable energy sources are facing fresh obstacles at a time when the government is setting the development of the sector as a priority, with the Energy Ministry shifting its target regarding the share of RES in total energy production in 2030 from 31 percent, as provided for in the National Plan for Energy and the Climate, to 35 percent in the revised blueprint.

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