Calamos Supports Greece

Energy

New Enzyme Turns Air into Electricity

Researchers have recently found a new enzyme that turns atmospheric hydrogen into electricity. The research published in the journal Nature explains atmospheric hydrogen oxidation by enzymes. The research team, led by Dr. Rhys Grinter, Ph.D. student Ashleigh Kropp, and Professor...

Iran Claims World’s Second-Largest Lithium Deposit

Iran’s Ministry of Industry, Mines, and Trade claimed on Monday that the Iranian province of Hamedan holds 8.5 million tons of lithium. This new reserve of lithium surpasses Chile's 9.2 million metric tons of lithium, as recorded by the U.S....

Sen. Menendez: Greece Leads by Example on Energy

Bob Menendez, Chair of the Senate Foreign Relations Committee, praised Greece, saying that Greece "leads by example" in energy diversification. In a pre-recorded message at the 1st East Macedonia & Thrace Forum, held in the northeastern Greek city of Alexandroupolis...

Greece, Bulgaria Sign Deals that Could ‘Change the Energy Map’

Greece and Bulgaria signed two deals that could "change the energy map of south-eastern Europe, the Greek PM Kyriakos Mitsotakis said on Thursday. The Greek premier met with the President of Bulgaria, Ruben Radev, in Athens and signed two memoranda...

Internet Contributes 1.6 Billion Annual Tons in Greenhouse Gas

The Internet has quickly become an integral part of everyday life, with ITU estimating that 5.3 billion people (66 percent of the world’s population) on Earth are now connected. That's a jump from 54% in 2019 and represents 1.1...

Greek Islands and Renewable Energy: A Green Future

Greek islands are attracting significant investments in renewable energy. But switching to renewable energy is a challenge for islands whose grids are isolated from the mainland. There are also environmental concerns. By Evan Bourtis Near the coastline of Crete, winding roads...

Greece has ‘High Expectations’ from Gas Deposits Off Crete

The government in Greece said Tuesday it has "high expectations" from the exploration of natural gas in the maritime area off Crete. Greece began gas exploration starting with seismic surveys in November 2022 conducted by the ExxonMobil/HelleniQ Energy joint venture...

Greece to Build Gas-fired Power Plant at Alexandroupolis

Greece announced on Saturday the construction of a gas-fired power plant in the northern port town of Alexandroupolis. Alexandroupolis plays a key geopolitical, energy, and development role and will continue to do so, Greek Prime Minister Kyriakos Mitsotakis said at...

Greece Taps into Geothermal Energy in the Aegean Islands

Greece has announced plans to tap into geothermal energy in order to meet part of the energy demands of the Cycladic islands in the Aegean. Geothermal energy is heat generated within the Earth. ('Geo' means “earth,” and 'thermal' means “heat”...

Electricity in Greece Still Most Expensive in Europe

For the second week in a row, Greece has the highest electricity prices in the European Union. On Wednesday, the wholesale price was above 218 euros per MWh by far above every other country in the EU. By comparison, Bulgaria...

Turkey Vows to Block Gas Exploration Off Coast of Cyprus

The Ankara-backed Turkish Republic of Northern Cyprus (TRNC) has issued a statement saying that it will oppose gas exploration off the coast of the island by the Republic of Cyprus. According to the TRNC, which is recognized only by Turkey,...

New Deposits of Natural Gas Discovered Off Cyprus

Cyprus announced on Wednesday that between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block six of the nation’s exclusive economic zone (EEZ). The find by the consortium of Italy's Eni...

US Achieves Fusion Breakthrough, Making Zero-Carbon Energy

In a major breakthrough in the search for zero-carbon power, scientists in the US have achieved the unimaginable feat of creating more energy than was consumed during an incredible fusion reaction. This ground-breaking news reported by the Financial Times...

Greece Becomes a European Hub for Liquefied Natural Gas

Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis told an international conference on LNG held in Athens on Wednesday. Mitsotakis presented the new infrastructures...

US Eases Oil Sanctions on Venezuela After Humanitarian Deal

The US government has reached an agreement with Venezuela to lift some of its sanctions against the Latin American country. The move will allow Chevron Corporation, an American multinational energy corporation, to resume pumping oil in Venezuela. The move was...