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Tag Archives: energy

Greece Gov’t approves return to lignite for power production

The government has agreed to double the production of electricity using lignite coal as part of a four-point plan to ensure an adequate supply of energy at affordable prices. The plan was agreed at an emergency meeting on the energy crisis caired by Prime Minister Kyriakos Mitsotakis on Thursday. At …

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“Operation Thermostat”: Greece’s plan to reduce energy consumption

With incentives like increased funding to public buildings Greece’s government presented a plan aiming to reduce energy consumption. The plan called “Operation Thermostat” sets the guidelines for the energy consumption reduction and offers incentives in cash to state entities that cut back on energy use. Environment and Energy Minister Kostas …

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Purchase of F-35 fighter jets, energy, Turkey dominate Mitsotakis-Biden meeting

Prime Minister Kyriakos Mitsotakis confirmed that Greece is eyeing the purchase of advanced US-built F-35 fighter jets and that a leading American defense contractor is seeking to invest in the country’s aerospace industry. “We will launch the process for the acquisition of a squadron of F-35 aircraft, and we do …

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Greece’s Gov’t mulls new support plan as anger over energy prices grows

Alerted by the citizens’ anger over the energy prices and the increasing cost of living the conservative government is promising to come up with a new national support plan for the benefit of households and businesses. The plan is expected to be implemented in June. The national plan will be …

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Poll: Price hikes cause of concern, ND-SYRIZA difference drops to 10.5%, no technocrats gov’t

Difference between ruling conservative New Democracy and main opposition party left-wing SYRIZA has decreased to 10.5% in the preference of potential voters as the high energy cost and the price hikes are a reason of concern for 47% of the Greeks. At the same time, Greeks seem to turn down …

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New energy subsidies for February: “Peanuts” for households and businesses

Greece’s Environment and Energy Minister Kostas Skrekas announced on Wednesday the subsidies for electricity and natural gas that will apply in February for households and enterprises. The subsidy for electricity will be 39 euros per MWh for households, that is 3 euros less than in January. The subsidy for enterprises …

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Greece extends energy financial relief into January with €400 million

Greece will extend financial relief to help households and businesses deal with surging energy prices into January at a cost of about 400 million euros, Prime Minister Kyriakos Mitsotakis said on Friday. “For another month the government will support households, farmers and businesses in the face of the global energy …

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