Power utility Elektrani na Severna Makedonija estimated that it requires EUR 3 billion by 2040 to replace electricity from its lignite-fired power plants. According to member of the Board of Directors Ivan Stojanovski, the state-owned company is preparing investments in gas power plants, solar, wind, hydropower and energy storage. He highlighted its plans for a […]
Romanian state-controlled coal power utility Complexul Energetic Oltenia (CE Oltenia) is preparing to establish a subsidiary to take over its lignite-fired thermal power plants slated for closure and the coal mining operations that supply them. CE Oltenia’s “lignite subsidiary” is envisaged under a restructuring and decarbonization plan approved by the European Commission, according to Profit.ro. […]
Last year, for the first time in decades, no smoke rose out of coal plants in the Peloponnese peninsula. The last two units had 500 MW together. Megalopolis is one of the two coal regions in Greece, along with Western Macedonia in the country’s north. According to Public Power Corporation (PPC or DEI) the units […]
Renewable energy sources continued to rank first in Greece’s electricity mix despite significant curtailments in the first half of 2025, which more than doubled against the same period a year earlier. At the same time, gas-fired power generation hit a 10-year high, while coal’s share in covering domestic demand fell to the lowest level in […]
Public Power Corp. (PPC) presented a EUR 5.8 billion investment plan for the coal region of Western Macedonia in northern Greece. It held the ceremony in the retired Kardia 2 lignite-fired power plant. According to PPC’s chairman and CEO George Stassis, the endeavor consists of the decommissioning of old assets and the rollout of new […]
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