Regulatory Authority for Energy
Complaint over PPCcharges for CO2
The Hellenic Union of Industrial Consumers of Energy (UNICEN) has sent a second letter of complaint to the Regulatory Authority for Energy (RAE) regarding the carbon dioxide charges by Public Power Corporation in its medium- and high-voltage power rates.
- Read more about Complaint over PPCcharges for CO2
- Log in to post comments
ADMIE to concede stake in Ariadne
State grid operator ADMIE intends to concede up to 39 percent of its special purpose vehicle Ariadne, created to undertake the power interconnection between Crete and Attica. The stake will be sold to third-party investors, with priority to be granted to certified power transmission operators from fellow European Union states.
- Read more about ADMIE to concede stake in Ariadne
- Log in to post comments
RAE initiative points to yet another power rate increase
Power rate hikes are now on their way up due to an initiative by the Regulatory Authority for Energy (RAE), as Energy Minister Giorgos Stathakis has again rejected the proposal to that effect by Public Power Corporation.
Lignite stock is running out, while gas may not be enough
A new cold weather front expected to sweep in on Saturday is likely to put additional pressure on the country's already stretched natural gas and electricity systems.
Greek gas system stretched to limits
Energy authorities have been in emergency mode over the last few days to ensure a sufficient supply of electricity and natural gas to Greece, as a prolonged cold spell has shot demand up to record levels and the gas network is operating without reserves, despite the operation of the new depot on Revithoussa island.
- Read more about Greek gas system stretched to limits
- Log in to post comments
Crete-Attica linkup to cost Greeks extra
Greek consumers will have to shoulder the cost of an extra 356 million euros should the power interconnection between Crete and Attica proceed as a national rather than a European Union-subsidized project, warns EuroAsia.
- Read more about Crete-Attica linkup to cost Greeks extra
- Log in to post comments
ADMIE starts process for Crete linkup
ADMIE subsidiary Ariadne Interconnection officially launched the tender process regarding the technical standards for the electricity linkup between Crete and Attica on Friday, despite the objections of the European Commission.
- Read more about ADMIE starts process for Crete linkup
- Log in to post comments
New Brussels warning on Crete power project
The European Commission has sent a fresh warning to Greece over the crucial project of the electrical interconnection of Crete with Attica, which Athens has unilaterally conceded to state grid operator ADMIE.
- Read more about New Brussels warning on Crete power project
- Log in to post comments
EU unhappy with China penetrating Greek energy market
Brussels is raising obstacles to Chinese plans to enter Greece's energy market, reversing the situation in the tender for the privatization of Public Private Corporation's lignite-fired plants where CHN Energy had appeared to be the favorite.
RAE chooses to ignore Brussels on Crete interconnection
Greece's energy regulator has opted to sidestep the European Commission and appointed a subsidiary of state grid operator ADMIE to fund and construct the power interconnection between Attica and Crete.
This is a high-risk decision that may have legal consequences for the project, and lead to more delays than those it is trying to avoid.