ADMIE

An employee of power transmission operator ADMIE has been hospitalized after being electrocuted while cutting branches near power lines in the northwestern region of Florina.

State broadcaster ERT said the accident happened after a branch fell on a high voltage cable.

The Independent Power Transmission Operator (ADMIE) and the operator of the Bulgarian electricity transmission system, ESO EAD, have energized the new, international ultra-high voltage 400 kV electrical interconnection between Greece and Bulgaria, according to an announcement by the Greek company.

Greece's Independent Power Transmission Operator (ADMIE) will hold a strategic 25% stake in the share capital of the EuroAsia Connector, the company managing the project for the electric interconnection of Greece, Cyprus and Israel and the energy ministries of Greece and Cyprus announced on Thursday.

Aluminium of Greece has become the first industry to utilize the demand response service in the balancing market, in which electricity is bought and sold in real time to ensure the stability of the electricity system.

The price of electricity per kilowatt-hour may have been decreasing continuously in recent months following the de-escalation of the price of natural gas, but the total electricity bill still happens to have increased and is even expected to increase further in the coming months.

For the first time ever, the Greek grid last Sunday recorded an electricity price of zero euros for six consecutive hours, being reminiscent of grids in northern European countries with a high penetration of renewable energy.

Greece's Grid Telecom and Tamares Telecom have agreed to build an undersea fiber-optic telecoms cable to connect Cyprus and Israel to Greece, the two companies said on Thursday.

The project has been dubbed Andromeda.

The Independent Power Transmission Operator (ADMIE) and Telecom Egypt are examining new international telecommunications infrastructure projects that will increase interconnectivity between Greece and Egypt.

Leaders in energy businesses underlined on Friday the strong prospects Greece has as an energy leader in the greater region, and provided more insights into what that entailed in terms of requirements, at the Delphi Economic Forum.

The summer schedule for lower household electricity tariffs at off-peak times will take effect from Monday, May 1, and will last until October 31, the Hellenic Electricity Distribution Network Operator SA (ADMIE) announced on Thursday.

The summer schedule for the residential night-time tariff provides reduced rates between 11 p.m. and 7 a.m.