electricity

Cyprus, Greece and Israel can provide a key energy corridor to Europe through a planned electricity cable connecting their power grids and a potential natural gas pipeline, diplomats from the three nations said on Friday. Cypriot Foreign Minister Constantinos Kombos,...

The Greek island of Halki has become the first municipality in the country where residents are actually producing the energy they consume. Halki is a little island in the Dodecanese archipelago, located just 6 km (3.7 miles) west of Rhodes....

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 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”...

Ukraine's President Volodymyr Zelensky has accused the Kremlin of "energy terrorism” after 4.5 million people across Ukraine faced power cuts on Friday following Russian attacks on the country’s energy network. More and more power cuts continue across Kyiv, according to the city’s...

Greece has emerged as an exporter of electric power to its neighbors in Southeast Europe in the last few months. The country has become a net exporter – rather than importer – of electricity, according to the Independent Power Transmission...

On Wednesday, the EU unveiled proposals to tax energy firms by up to $140 billion euros ($141 billion) to alleviate the burden of soaring prices for households and businesses across the bloc. EU chief Ursula von der Leyen presented the...

Due to the energy crisis, Greece is bracing for the most difficult winter since 1942, the darkest year of the German occupation, a minister warned on Saturday. Minister of Development and Investment Adonis Georgiadis advised Greeks to seek alternative ways...

On Tuesday, Greece announced the doubling of power subsidies for households and businesses in September, as the price of electricity has skyrocketed. Wholesale electricity price reached 549 euros per megawatt-hour (MWh) on Monday and is due to rise to 616.38...

Inflation in Greece reached 12 percent in the month of June from 10.5 percent in May and 9.1 percent in April, according to data released by Eurostat, the official statistical authority of the European Union announced on Friday. The rate...