Greece to sell coal power fleet as debt reality bites

Embattled Greece is seeking to sell its coal fired power assets as the debt crisis continues unabated, but is facing opposition from unions.

Public Power Corp. SA owns four major coal power plants in Greece, the largest of which is a 330 MW unit near the city of Florina. Together these four power plants provide around half of all the electricity for the country, making PPC the single largest employer in Greece.
Florina coal fired power plant
The Florina plant is proving particularly controversial with the government keen to sell it to foreign competitors in order to generate assets.

However, PPC's union has vowed to save the plant, threatening a blackout in order to stop the deal.

For more coal power news

     

 

Share
     


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...