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NEWS ON THE ENERGY SECTOR IN THE MEDITERRANEAN
1 October 2018
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ENG
The future of energy: the role of Italy
One of the main challenges of the coming decades is the energy issue. In the future, it is hoped, we will be able to create an ‘energy mix’ in which all energy sources are complementary to one another. In the event of such a mix, it is likely that renewable sources will be the dominant force. It has been claimed by some analysts that the coming ‘energy transition’ will probably be faster and more disruptive than the previous one.
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28 September 2018
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ENG
Renewable energy on rise in sun-drenched, resource-poor Jordan
AMMAN, Jordan (AFP) — Set atop a mosque in the south of Jordan’s capital, dozens of shimmering solar panels reflect a growing trend in the resource-poor desert kingdom as it tries to combat its heavy reliance on imported energy.
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27 September 2018
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ENG
Croatia to become energy hub?
Croatia can became an important european energy hub
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27 September 2018
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ENG
Delek-Noble Energy announces $500m deal to allow Israeli gas exports to Egypt
A US-Israeli consortium leading the development of Israel’s offshore gas reserves announced Thursday a deal that would enable the export of natural gas to Egypt.
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27 September 2018
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ENG
Egypt, Israel energy companies sign $518m deal to buy control of gas exports pipeline
Delek Drilling and Noble Energy—the operators of Israel’s largest natural gas fields Tamar and Leviathan—and the Egyptian company East Gas Co, have bought control of a pipeline to Egypt, paving the way for the Israeli gas exports into Egypt.
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25 September 2018
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ENG
Akuo Energy starts construction on 17MW floating solar plant in France
French renewables IPP Akuo Energy has started construction on a 17MW floating solar project in Piolenc, Vaucluse, southeast France. Louis Driey, mayor of Piolenc, said: “The finalisation of this project is the result of many years of battles with the authorities to convince them of the value of this groundbreaking idea of a floating solar plant, the first – and currently only – such plant in France. The materialisation of this technological prowess that we have supported from the outset will make Piolenc the first 'positive energy' town in France, producing more energy than it uses”.
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24 September 2018
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ENG
EBRD to back Turkey's new renewable energy support plan
The Turkish government aims to establish a new mechanism to support fresh renewable energy projects in the country, which has received support from the EBRD, one of the major investors in Turkey.
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23 September 2018
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ENG
Portugal third in renewable energy production
Only five countries got more than half their electricity from renewable sources: 50%, Austria (72.6%), Sweden (64.9%), Portugal (54.1%), Denmark (53.7%) and Latvia (51.3%). At the other extreme with less than 10% came Malta (6%), Luxembourg and Hungary (both with 7%) and Cyprus (9%)
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21 September 2018
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ENG
ENERGY: Italy is committed to EastMed pipeline project
The leaders of Cyprus, Greece, Israel and Italy may sign an inter-governmental agreement on the EastMed project in Beersheba during a summit scheduled for December 20. Cavallari said that discussions on the EastMed pipeline are continuing at a technical level, including experts from Italy, adding that his country is looking forward to seeing the results of this working group.
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21 September 2018
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ENG
Less than nine per cent of Cyprus' energy is from RES
Cyprus is among the four EU countries in which less than 10 per cent of electricity consumed in 2016 came from renewable energy sources, a Eurostat report just released revealed. Malta is at the bottom of the list with 6 per cent. Luxembourg and Hungary both produced 7 per cent and Cyprus 8.6 per cent. Five of the member states generated more than half of their electricity from renewables, Austria (73 per cent), Sweden (65 per cent),
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20 September 2018
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ENG
Energy minister: Turkey will protect its energy rights in Mediterranean
Turkey will not allow any unilateral hydrocarbon drilling or exploration in the Eastern Mediterranean Sea, Energy and Natural Resources Minister Fatih Dönmez said yesterday.
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19 September 2018
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ENG
ENERGY: Cyprus and Egypt pave way for pioneering Med gas pipeline
After signing the agreement, Cypriot Energy Minister George Lakkotrypis and his Egyptian counterpart Tarek El-Molla called the deal a landmark for developing Cyprus gas and energy production in the wider region. “Today’s signing is an important milestone, not only for Cyprus but also the entire Eastern Mediterranean region,” said Lakkotrypis on Wednesday.
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18 September 2018
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ENG
Greece Helps Europe Diversify its Energy Supply Through New Infrastructure and Resources
Europe is diversifying its energy supply in an effort to fortify its energy security. Greece is key in this diversification process, as it sits right in the middle of several of Europe’s upcoming pipelines and recent gas discoveries. Dr. Kostas Andriosopoulos, a renowned expert in energy geopolitics, explains how he sees the country’s current situation from his vantage point of president of the Hellenic Association for Energy Economics.
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15 September 2018
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ENG
Egypt, Greece, Cyprus FMs hold talks in Cairo
Cypriot Foreign Minister Nikos Christodoulides and Greek Foreign Greek Foreign Minister Nikos Kotzias arrived in Cairo on Friday afternoon to meet Egyptian Foreign Minister Sameh Shoukry for three-way talks. Spokesperson for the Egyptian Foreign Ministry Ahmed Abo Zied said that the meeting reviewed progress made to implement the electricity interconnection project between African and European continents across the three countries, and energy cooperation projects in light of recent hydrocarbon discoveries in the Eastern Mediterranean region.
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14 September 2018
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ENG
Israel launches $280 million program to promote energy efficiency
Israel has launched a program worth half a billion new shekels ($280 million) to promote energy efficiency by saving electricity and reducing greenhouse gas emissions, the Ministry of Energy announced Thursday.
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11 September 2018
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ENG
Spain aims to win investors for $116 billion energy refit
The Spanish government is exploring ways to persuade investors to finance a $116 billion transformation of its energy system as it tries to move beyond past policy mistakes that led to widespread losses and lawsuits.
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11 September 2018
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ENG
Greece on the energy map, with the support of big players
There has been a serious uptick in activity concerning the energy sector in the broader region in the past few months and Greece has a potentially pivotal role to play in developments
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11 September 2018
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ENG
Portugal: Competition authority 'not consulted' by government on energy payments
Lisbon, 11 Sep (Lusa) – A former president of Portugal’s competition authority said on Tuesday that the body was not consulted further on problems in the country’s energy market after listing most of them in a 2005 presentation to the then economy minister, Manuel Pinho.
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10 September 2018
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ENG
Greece to become energy hub for Southeastern Europe
Speaking to Athens News agency on Sunday, during the inauguration of the Environment Ministry’s stand at the 83rd Thessaloniki International Fair (TIF), Stathakis said that the current transformation of Greece’s energy sector will turn Northern Greece into an energy hub for the Balkans and Southeastern Europe.
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9 September 2018
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ENG
Morocco Grants Production Concession to Sound Energy for Gas Discovery
Morocco’s Ministry of Energy has given British Sound Energy a production concession for the company’s Tendrara natural gas discovery in eastern Morocco. James Parsons, Sound Energy’s CEO, said, “I am delighted with the award of the first development concession in Eastern Morocco, which is a critical step in commercialising our gas discovery.”
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8 September 2018
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ENG
Egypt's Electricity Ministry sets maximum price of renewable energy at 2.5 cents per kWh
The Ministry of Electricity set the maximum price for purchasing energy produced from new and renewable energy projects of the private sector at 2.5 cents per kWh. In case any lower prices were offered, they will be approved after being presented to the technical committee entitled to analyse the offers, according to sources at the ministry.
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5 September 2018
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ENG
Legislation was made facilitator for solar energy in Turkey
Facilitated legislation for roof-to-ceiling solar energy was published. The applications will be made to EDAS. The information about Izgi Energy is as follows: A facilitating legislative amendment was published yesterday by TEDAS to facilitate the installation of 10kW of Solar Energy (GES) and Six Roofs, Facade Application and Solar Power System Electricity Generation Facilities.
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25 June 2018
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ENG
EBRD extends USD58mln loan for Turkey's energy investments
(MENAFN) The European Bank for Reconstruction and Development (EBRD) has extended a loan of EUR 50 million (USD 58.2m) equivalent in Turkish lira to back energy efficiency investments, including in small-scale renewable energy systems, by small and medium-sized enterprises (SMEs) in Turkey.
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22 June 2018
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ENG
Turkey: ‘Localisation’ trend dominates the energy sector
Turkey is going to the polls on Sunday, and many wonder whether president Recep Tayyip Erdogan’s gamble on a snap election could backfire. Unless there is a shock at the ballot box though, the nation’s energy sector trends are unlikely to be challenged.
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19 June 2018
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ENG
Energy Ministry in Cyprus to announce tender for supply of a floating storage regasification unit
The Ministry of Energy and the Natural Gas Public Company (DEFA) are planning to announce next month a tender for supply of a Floating Storage Regasification Unit (FSRU) and the construction of all necessary infrastructure for the CyprusGas2EU project, that will render possible electricity production from natural gas, Energy Minister Yiorgos Lakkotrypis said Tuesday.
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