Energy

Why Electricity Bills Remain High in Greece Despite Renewable Energy Growth

Despite Greece’s more than three hundred days of sunshine per year, its powerful winds, and its growing energy investments, Greeks still pay disproportionately high electricity bills compared to other EU states. In recent years, Greece has rapidly expanded solar and...

Greek Islands Could Be Powered by Floating Nuclear Plants After 2035

Greece could consider Floating Nuclear Power Plants as part of its future energy strategy, according to a new report by the Deon Policy Institute that examines how the technology could fit within the political, social, economic, legal and regulatory...

Greece Introduces Stricter Rules for Renewable Energy Projects

Greece's Ministry of Environment and Energy has launched a public consultation for a new Special Spatial Framework for Renewable Energy Sources (RES-Spatial Framework). Aiming to balance rapid green transition with environmental protection and local community interests, the new policy introduces...

Greece to Build Largest Public Cooperative Solar Park

Greece will build its largest public cooperative solar park near Missolonghi, a cornerstone project for the nation’s energy transition. The initiative was formally institutionalized last Thursday through legislation passed in Parliament. This project marks a pivotal shift in the energy...

New Lithium Find in Appalachians Could Cover 328 Years of US Demand

Researchers say the United States Geological Survey has identified a major lithium resource in the Appalachian region of the eastern United States, suggesting that the US could significantly reduce its reliance on imports as demand for battery materials continues...

Greece’s €30 Billion Energy Expansion Raises Big Stakes and Bigger Questions

Greece is moving ahead with a major energy transition, aiming to expand beyond a national utility model into a broader regional role in Southeastern and Central Europe. The Public Power Corporation (PPC/ΔΕΗ) and the Independent Power Transmission Operator (IPTO/ΑΔΜΗΕ) are...

Greece Signs Landmark Drilling Agreement for Ionian Sea Hydrocarbons

A major milestone for Greece's energy sector was reached today at the Ministry of Environment and Energy, with the signing of the contract for exploratory drilling in Block 2 of the Northwest Ionian Sea. Scheduled for February 2027, this will...

Greece to Release Two Million Barrels of Emergency Oil Reserves

In a coordinated effort to stabilize international energy markets, Greece has announced the release of two million barrels of crude oil from its emergency reserves. This move comes as part of a broader initiative led by the International Energy Agency...

Greece Has 9th Highest Fuel Prices in the World, With Taxes Weighing on Costs

As the conflict in the Middle East continues to send shockwaves through the global oil and natural gas supply chains, fuel prices at Greece's gas stations are reaching the boiling point. According to reports from the newspaper Ta Nea, Greece...

US Crude Shipment Arrives in Greece as Middle East Tensions Disrupt Supply

For the first time in four years, a cargo of US WTI Midland crude is bound for the Motor Oil refinery in Corinth, Greece, according to Kpler ship-tracking data. The shift comes as escalating conflict in the Middle East...

Does the War in Iran Boost US Oil Giants?

The recent chaos in the global oil and gas market, fueled in part by tensions surrounding the Iran war, has turned the Middle East into a high-stakes arena for US oil and gas interests. Attention is now fixed on the...

Turkey Unveils Plan for 8 Nuclear Reactors in Major Energy Expansion

Turkey has unveiled plans to build eight nuclear reactors as part of a major effort to expand its energy capacity and reduce dependence on imported fuels, Energy Minister Alparslan Bayraktar said on Wednesday. The proposal includes four reactors in the...

Greece Ratifies Major Offshore Gas Exploration Deal With Chevron

The Greek Parliament passed a draft bill on Friday ratifying four lease agreements that grant a Chevron-led consortium the rights to explore and exploit natural gas and hydrocarbons in maritime blocks south of Crete and the Peloponnese. The consortium is...

Nuclear Neighbors: Why Greece Is Following the Regional Trend

As a nuclear renaissance sweeps across the Mediterranean and the Balkans, Greece finds itself surrounded by neighbors—from Italy to Turkey—that are either expanding their atomic fleets or overturning decades-old bans. In this rapidly evolving regional landscape, Athens’ move to...

Greece Opens Door to Nuclear Energy Exploration

Greece's Prime Minister Kyriakos Mitsotakis signaled a strategic shift during his address at the 2nd Nuclear Energy Summit in Paris, an event that brings together representatives of forty-one nations and international organizations. "Greece is turning a page. It is time...