Tag: Greece

Tilos – the first Mediterranean island running on renewable energy – Greece, 20 August 2018

The small Greek island of Tilos, located between Rhodes and Kos, has a winter population of some 400 which rises to as many as 3,000 people in the summer, putting an impossible strain on its dilapidated power supply. However, later this year when the wind farm on the island is put into operation, the small […]

PPC’s unpaid receivables still at 2.77 billion euros – Greece, 2 August 2018

CEO of Greek Public Power Corporation (PPC) Manolis Panagiotakis said that the debt collection company Qualco managed to collect about 25 million euros of unpaid receivables from a total of 180 million euros owed by 65,000 customers selected for the pilot program awraded to Qualco. Panagiotakis stressed that the results of the pilot program are […]

Record 48.8 euros/MWh reached at July NOME auction – Greece, 20 July 2018

The record price level of 48.8 euros/MWh has been reached at the NOME auction held on 18 July, the second auction of the year. Besides the role played by local suppliers seeking to cover their domestic market needs, NOME prices were also pushed up by traders who were looking to buy electricity for possible exports […]