Tag: Greece

First CAT auction expected in September – Greece, 10 July 2018

The new CAT mechanism model compensating electricity generation flexibility, is expected to be launched in Greece in September, but it will be valid for less than a year, until the implementation of the target model, which aims for creating a single European market, is set to start in first half of 2019. Independent electricity producers […]

Deadline for PPC’s units sale set for 7 October – Greece, 10 July 2018

The participants of the second round of the international tender for the bailout-required sale of 40 % of lignite-fired units of state-controlled Public Power Corporation (PPC) will have 90 days, namely until 7 October, to submit their binding offers. A total of six parties submitted a non-binding expressions of interest for the sale’s first round. […]

China Energy enters the Greek market – Greece, 9 July 2018

Last week, China Energy Investment Corporation, one of the world’s largest energy companies, signed a cooperation agreement with Greek Copelouzos Group on investing in renewables and conventional electricity production. According to the agreement, Chinese company will enter into the equity of wind farms built by the Greek Group. The two companies will also jointly bid […]