Greece
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RAE

Experts Warn Crete Will Experience Power Blackouts This Summer

Greece’s Electricity Distribution Network Operator (DEDDIE) sent a clear warning on Friday that Greece's largest island, Crete, will experience power blackouts in the summer unless special measures are taken. DEDDIE sent an open letter to the Public Power Corporation, the...

Greek Energy Ministry Amendment Cancels Rises of Special Duty in Electricity Bills

The Greek Ministry of Productive Reconstruction, Environment and Energy announced on Sunday it is cancelling the increases in the special duty for the reduction of gas emissions (ETMEAR), which had been decided by Greece’s power regulator RAE, with an...

Greek Electric, Gas Utilities Ask Banks for a Bailout Too

ATHENS – Short on cash and unable to pay its providers, Greece’s state-owned gas provider DEPA, supplied primarily by Russia’s Gazprom, has asked domestic banks for a loan needed to keep the power running, including to the country’s electricity...