Energy development

Energy and Natural Resources Minister Alparslan Bayraktar paid a visit to the Azerbaijani capital Baku on the weekend to discuss cooperation in energy and the prospects of renewable energy projects.

Bayraktar held what he described as "very productive meetings" with his Azeri counterpart, Parviz Shahbazov, and Economy Minister Mikayil Jabbarov.

The European Commission on Thursday announced that 158.7 million euros have been disbursed to Greece in the form of pre-financing linked to the REPowerEU funds under the Recovery and Resilience Facility (RRF).

The pre-financing payment follows the approval of Greece's revised recovery and resilience plan, which includes a REPowerEU chapter and the signature of economic agreements.

More than 200 analysts from the largest financial houses in the world attended the presentation in London of Public Power Corporation's (PPC) investment plan, amounting to 9 billion euros over the next three years, which lasted over two hours.

Deputy Environment and Energy Minister Alexandra Sdoukou emphasized the potential for Greece to adopt dynamic electricity rates, akin to European counterparts, during her address at the Ecomobility Conference in Athens on Wednesday. 

Last year saw Greece's energy market breaking new records for the penetration of renewable energy sources (RES) and reduced energy consumption.

The official opening of the second cross-border power line between Greece and Bulgaria marked a significant event during the ministerial meeting of the Central and South-East European Energy Connectivity Group (CESEC) on Friday (January 19th).

The government's goal is to transform Greece into an exporter of and transit hub for green energy to Europe by strengthening energy interconnections and regional cooperation for the benefit of all countries involved, Environment and Energy Minister Thodoros Skylakakis pointed out at the Ministerial Conference of the countries of Central and Southeastern Europe Energy Connectivity (CESEC) held o

Greece is on the "front line of energy-related investments," Deputy Energy Minister Alexandra Sdoukou said at the Greek House Davos Forum in Switzerland on Monday.

On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania.

The burgeoning allure of the Romanian market to renewable energy investors is steadily ascending, serving as an eminent focal nexus for the entire region in its collective journey towards the transformative embrace of sustainable energy.

Türkiye is ready to cooperate with companies and other countries to help Libya unleash its huge potential in energy, Energy and Natural Resources Minister Alparslan Bayraktar has said.

Libya is important not only for Türkiye but also for global markets, Bayraktar said in a speech he delivered at the Energy and Economy Summit held in Tripoli on the weekend.