Protergia

"Green" residential electricity tariffs are reduced by 6-17% in October, while two suppliers (Heron and Protergia) have kept the prices stable for the fourth month in a row.

The prices range from 13.974 to 18.558 cents per kilowatt hour, while 12.062 cents is the charge for PPC's night tariff.

A reduction of 6.1% will show up on green household electricity bills in October, the Public Power Corporation said on Tuesday.

PPC's green rate for up to 500 kW will be 14.96 cents/kWh in October, compared to 15.94 cents/kWh in September.

DES increased its retail share of Public Power Corporation as for July, which was the month of big current price increases, it increased its market position to 54.18% from 52.5% in June.

Fifty-five percent from 52.5% of the previous year’s 52.5%, up from 52.52% in 2002.

Evangelos Mytilineos, head of metals and energy group Metlen, has asked the EU to make certain European companies get access to rare earth metals.

"China continues to restrict exports of metals and rare earths… unfortunately the EU has not specified measures" to do so, despite its legislation on critical primary materials passed in May, Mytilineos said in a LinkedIn post.

The Sunday Times has profiled Greek businessman Evangelos Mytilineos, who is about to attempt one of the largest IPOs on the London Stock Exchange.

Metlen Energy & Metals announced the conclusion of the agreement to acquire all the shares of electricity producer, trader and supplier Volterra on July 25.

Some of the wholesale electricity price hikes may well, after all, be absorbed by the market in August, as shown by Wednesday's announcement by Protergia - Greece's second largest provider - to keep tariffs unchanged from July levels. In addition, Protergia will also absorb the increases for small businesses, which cannot be subsidized without prior approval from the European Commission.

Athens-listed group Mytilineos is considering listing its shares on an international stock exchange, which could be the London Stock Exchange, within the next 12-18 months, taking into account its increasingly diversified and international geographic presence and aiming to increase the marketability of the shares for the benefit of investors.

Mytilineos announced on Wednesday that its energy arm, Protergia, will introduce energy provenance tracking and tracing features in Greece, in partnership with Powerledger.

With the Powerledger platform, Mytilineos and Protergia's consumers can now track, trace and visualize where their energy comes from in near-real time, and track their carbon footprint granularly.

The divorce of Helleniq Energy and Edison after 15 years of their joint venture in the field of the electricity market is now taken for granted.