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Tag Archives: power

Greece’s power rates among Europe’s highest

Greece remained among the most expensive wholesale electricity markets in Europe in 2022, a year when the average price of electricity increased by 141% compared to 2021. In the same year, the cost of natural gas imports more than doubled compared to 2021, while it almost quintupled compared to 2018. …

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Greece proposed construction of power line to Austria, Germany

Greece has submitted a proposal for the construction of a direct electricity interconnection with Austria and Germany, with an initial capacity of 3.0 gigawatts, Environment and Energy Minister Kostas Skrekas revealed at the Renewable and Storage Forum on Thursday. “It is not an easy project but there is great need …

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Regulatory authority chief assures of no power cut risks

Greece will not be left without electricity, assures, not a politician, but the man with the clearest view of the market, i.e. the head of the Regulatory Authority for Energy (RAE), associate professor Athanasios Dagoumas. He does admit, however, that households and businesses are looking at a difficult winter ahead. …

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“Blackout” on Sporades islands following damage at Skiathos substation

A power outage has hit the Sporades islands since 7:30 on Thursday morning, following a strong rainfall at night. The electricity problem has occurred due to a damage at the large substation on the island of Skiathos where the large submarine power pipeline ends. According to local media skiathoslife.gr, it …

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1,100 power cut orders across Greece daily due to unpaid bills; Greeks mobilize

Greeks rushed to public power company on Easter Wednesday to arrange payment settlements for unpaid bills and avoid being completely cut off from the electricity supply, as providers keep issuing disconnections orders and push for their implementation. With the wholesale price among the highest in Europe and a government that …

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Radiation leak risk after power cut at occupied Chernobyl plant, Ukraine warns

Radioactive substances could be released from Ukraine’s Chernobyl nuclear power plant because it cannot cool spent nuclear fuel after its power connection was severed, Ukraine’s state-run nuclear company Energoatom said on Wednesday. It said fighting made it impossible to immediately repair the high-voltage power line to the plant, which was …

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Dozens households in Athens without power for 4th day; compensation possible

Τhe office of the Public Prosecutor in Athens investigates the multi-day power outages in several areas of Attica in the midst of a snow weather, low temperatures and frost. Investigation is to determine whether the offense of disturbing the operation of an utility has been committed. The order for the …

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Corfu: Storm “Athena” causes power outages, flooding phenomena

Main roads on the island of Corfu turned into rivers on Thursday, house yards and basements were flooded, power outages occurred, small landslides took place and problems were registered in the provincial network after bad weather front “Athena” hit the island in the northern Ionian Sea. The Fire Service had …

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Rolling power cuts in Attica from Aug 6 to avoid blackout due to fires, HEDNO announces

The Greek Electricity Distribution Network Operator (HEDNO) will implement controlled rolling power cuts in Athens and Attica in order to avoid a blackout. The plan goes into force today, Friday, August 6, 2021. “There will be rolling power cuts in Attica in accordance with the instructions of the Independent Power …

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Electricity interconnection Crete-Peloponnese completed

The Environment and Energy Ministry and the Independent Power Transmission Operator (IPTO) announced on Thursday announced the completion of the Crete-Peloponnese electricity interconnection after the conclusion of the construction works in Chania and Neapoli, Laconia and the successful pilot electrification of all parts of the project, both in the sea …

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Power interconnection between Crete and the Peloponnese completed

The Independent Power Transmission Operator and Prysmian Group, which designed, supplied and installed the cable, on Thursday announced the successful completion of the underwater power supply interconnection between Crete and the Peloponnese. According to the announcement, the project breaks many records due to its length (135 km) and its depth …

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