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PPC, RWE to finalise 2-GW Greek solar JV in Oct
The green energy unit of Green utility PPC SA and German energy major RWE AG are expected to complete their roughly 2-GW solar joint venture (JV) in Greece at the start of next month, Energypress reports.
read more... 28/09/2021
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EU probes Greece’s largest power producer’s behaviour in wholesale market
The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (PPC) in the wholesale Greek electricity sector, examining whether Greece’s largest power producer and electricity supplier distorted competition and slowed down renewable energy investment, the EU’s anti-trust chief said on March 16.
read more... 17/03/2021
Greece's PPC to spend 3.4 bln euro on power grid, renewables by 2023
The coal-reliant utility has pledged to shut down all but one of its coal-fired plants by 2023 to help Greece reduce carbon emissions in line with climate targets
read more... 03/12/2020
Greece: Public Power Corp announced a profit decline hit by one-off charges
The first-half net profit of Greece’s Public Power Corp (PPC) fell by 75% as one-off charges outweighed its sale of power grid operator ADMIE.
read more... 28/09/2017
Electricity market liberalization in Greece continues with the sale of coal-fired plants and coal mines
The energy ministry of Greece announced on Tuesday about the plans to sell by June 2018 some coal-fired plants and coal mines corresponding to 40% coal-fired capacity of the state-owned dominant power utility Public Power Corp (PPC), in order to open up the electricity market. Energy ministry will hold a market test to identify potential investors by November 2017.
read more... 03/05/2017