Oil spill forces closure of Athens beaches

An oil spill from a sunken tanker has led to the closure of beaches in Athens. The vessel, Agia Zoni II, was carrying 2,500 tonnes of fuel when it sank while at anchor in the early hours of Sunday. Thick tar and oil pollution drifted towards residential coastal areas. The European Commission has helped mobilise […]

EU approves joint venture in Greek wind sector

The EU has approved the creation of a joint venture in the Greek wind power sector. The deal between US investment management firm Centerbridge Partners and Italian energy firm Enel has passed merger regulations. The joint venture plans to build and operate seven wind farms at Kafireas in Greece with a total installed capacity of […]

EBRD invests $75m to build oil fields in Greece

An investment worth $75 million (£51m) will be made to support the construction of oil fields off northern Greece. The European Bank for Reconstruction and Development (EBRD) is providing pat of the funding for the project, which is owned by greek firm Energean Oil & Gas. The company has invested $200 million (£136m) for the […]

EU approves Trans Adriatic gas pipeline project

The EU Commission has approved a gas pipeline project through the Adriatic Sea. It said the agreement between the Greek authorities and the Trans Adriatic Pipeline (TAP) are in line with the region’s state aid rules. TAP is a joint venture of several energy companies including BP, Socar and Enagas and is investing €5.6 billion (£4.3bn) […]

Greece taken to EU court over illegal landfill

The European Commission is taking Greece to the Court of Justice over poor waste management again. It is being referred for an illegal landfill on the island of Corfu. The Temploni landfill, which has been operating in breach of EU waste regulation since 2007, is a “serious risk for human health and the environment”, the Commission said. Various […]

Greece faces EU court over energy performance

The European Commission is taking Greece to the Court of Justice for not calculating the energy performance requirements for buildings. As part of the Buildings Directive it is essential for Member States to measure the minimum requirements with “a view to achieving the best combination between investments and savings”. The calculations work out the energy […]

Greece taken to EU court again over wastewater

The European Commission is taking Greece to the Court of Justice over poor wastewater treatment again. The country was previously found guilty in 2004 and still hasn’t addressed the problem, the Commission said. It states the lack of adequate treatment systems in the area of Thriasio Pedio poses risks to human health, inland waters and the marine […]

Greece granted £285m for energy projects

Greece will receive a loan worth €285 million (£199.5m) to support energy projects in the country. It aims to improve electricity transmission and interconnection networks as well as extend an LNG terminal. The cash from the European Investment Bank (EIB) will also support environmentally friendly projects and those that boost energy security and efficiency. EIB President Werner Hoyer […]

Gas system long – DMR

The gas system has opened oversupplied for the first time this week, according to npower’s daily market report. The linepack is currently forecast to close 3.8mcm long. Norwegian flows through Langeled are nominated at 18mcm but it is currently flowing at just 13mcm. Alex Guiot from npower’s optimisation desk said: “This could impact the linepack […]

Gas and power prices up – DMR

Gas and power prices have been affected as a result of the euro strengthening. Tim Carter from npower’s optimisation desk told ELN: “This increases the amount of gas bought from the continent, which increases gas prices and in turn power prices too.” It follows European leaders giving Greece until the end of the week to […]