DEDDIE

There are already 1,800 households on the starting line of the "Photovoltaics on Roofs" subsidies program, waiting for news of its launch.

The Ministry of Environment and Energy on Thursday finalized the guide for the 'Photovoltaics on the Roof' program.

The platform for applications will open in April and the beneficiaries of the program are households and farmers able to install a small photovoltaic system combined with a battery.

Greece's biggest electricity utility, Public Power Corporation (PPC), has pushed back the deadline for the expression of interest for a majority stake in the country's sole grid operator DEDDIE, it said on Friday.

PPC, which is 51% owned by the state, had set January 29 as the deadline for the submission of non-binding bids for DEDDIE.

Electricity consumers will have to shoulder a 300-million-euro power theft bill.

Tempestuous weather wreaked problems in various parts of the country on Tuesday.
Andros and Tinos were left without electricity after the two power lines supplying the Aegean islands were damaged in gale-force winds.
Electricity grid operator DEDDIE said that technical crews were working to restore power to the two islands of nearly 18,000 inhabitants.

The government is banking on the hidden value of grid operator DEDDIE to attract major investors to the sale of this Public Power Corporation subsidiary. This hidden value lies in its capacity to become the basis for developing a fifth-generation (5G) mobile phone network.

Deputy Energy Minister Gerasimos Thomas on Friday asked for the resignations of the board of Greece's power distribution agency (DEDDIE), following the helicopter crash on the island of Poros last Tuesday.

Public Power Corporation could collect about a quarter of the 2.7 billion euros in unpaid bills as part of the government's effort to prevent the utility from going bankrupt, but this has to be done with great care, a finance professor and dues payment expert tells Kathimerini English Edition.

Motorists in downtown Athens are advised to avoid Syntagma Square on Sunday and Monday evening, due to works that will be carried on the power supply network.

Network operator DEDDIE will be closing the stretch of Karagiorgis Servias Street from Syntagma Square to Voulis, which will also be closed between Mitropoleos to Karageorgis Servias.

The European Investment Bank and Public Power Corporation (PPC) agreed on Friday on a long-term loan contract worth 255 million euros for the upgrade of the country's electricity distribution network.

The new 20-year loan, guaranteed by the Greek state, constitutes one of the biggest loans the EIB has ever issued for energy investment in Greece.