8th HAEE Energy Transition Symposium

Akuo Energy is a French multinational company, based in Paris, active in the renewable energy sector worldwide. It operates in 18 countries and has been present in Greece since 2018. Akuo Energy develops, manufactures and operates RES projects with major technologies such as wind, photovoltaic, hydroelectric as well as biomass projects. So far the company has invested more than € 2.5 billion in RES projects worldwide. Its potential includes 1.3GW projects under construction, financing and construction as well as 2.13GW projects under development. Akuo Energy's presence in Greece signals the company's strong interest in the entire Balkan region as it has already completed significant investments in the area.

Establishing Greece as an energy gateway for Southeast Europe and paving the way to a greener future
DESFA pursues its business activity as Greece’s natural gas TSO, operating and developing the Greek National Natural Gas System and interconnections, while serving its users with safety, reliability, transparency, and commercial innovation.
With extensive experience and highly skilled personnel, DESFA has been proven a trusted energy partner in Southeast Europe and beyond. Its shareholders include the Greek State (34%) and Senfluga SA (66%), a joint company of Snam, Enagás, Fluxys, and Damco.
Leveraging its robust infrastructure and expertise, DESFA plays a vital role in bolstering energy security and diversifying gas supply sources in Greece and the wider region, solidifying the country’s position as an energy gateway for Southeast Europe. Simultaneously, DESFA facilitates the seamless integration of new infrastructure into the system, fostering competition within the Greek energy market, to the benefit of end consumers.
Furthermore, towards accelerating the energy transition, DESFA is working intensively for the fastest possible decarbonization of its network, through the integration of green, renewable gases, such as hydrogen and biomethane, as well as the promotion of cutting-edge energy solutions and technologies, such as carbon capture and storage, in alignment with the strategic priorities outlined in the European Green Deal and REPowerEU initiatives of the EU. Within this framework, DESFA designs, develops, and implements a series of key infrastructure projects, while cultivating synergies that pave the way for a greener energy future.
Guided by its vision of safely and sustainably operating and developing a technologically advanced network, for the transmission and storage of clean, reliable, and affordable gas energy, DESFA invests in people, innovation and future-proof infrastructure, spearheading the transition to the energy of tomorrow and to a better quality of life for all.

HEDNO was established in 2012 after the spin-off of the Distribution Segment of PPC S.A. Today, 51% of the Company's share capital is owned by PPC S.A. and 49% by Macquarie Asset Management.

Through the Medium and Low Voltage networks, HEDNO delivers electricity to 7.6 million customers, while the Company manages the High Voltage networks in Attica and the Non-Interconnected islands. Considering the number of customers served and the total length of its network lines, 242,526 km-nearly six times the earth’s perimeter- HEDNO is one of the largest Distribution Companies in the EU.

HEDNO employs about 5,820 peοple directly and another 5,000 indirectly. The fundamental mission of HEDNO is to ensure the efficient operation, maintenance and development of the country’s distribution network and the management of the Non-Interconnected islands electricity systems and to provide non-discriminatory access to the Network, for all energy consumers, dispersed generators and electricity suppliers.

The Company’s main services include: network development, network maintenance and operation, consumption metering, fault restoration, connection of all network users, including consumers and distributed RES (Renewable Energy Sources) and CHP (Combined Heat and Power) and the implementation of all necessary measures for mitigating environmental impacts. 

The Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA S.A.) manages the national interests in the field of exploration, research and production of hydrocarbons and works methodically in order to enable the development of national resources and especially natural gas, which can contribute to the economic and social development of Greece.

HEREMA was founded in 2011 and its only shareholder is the Greek State. The new Board of Directors, appointed by the Greek government in the summer of 2020, consists of executives from the energy, legal, shipping and financial sectors with international experience in countries such as Norway, the United Kingdom, Cyprus, the Netherlands and of course Greece.

The Board of Directors of the Company in collaboration with a team of experts in HEREMA, such as geologists, engineers, environmental scientists, lawyers and economists, implements the new vision of the company in the context of the energy transition. The company has undertaken numerous recent initiatives to strengthen environmental and social governance in the sector and to accelerate the exploitation of the country's opportunities to monetize its gas resources, which are intended to contribute significantly to the energy transition.

HEREMA aims to strengthen international partnerships in green projects and to this effect it has set up a New Ventures department that evaluates related technologies such as CCS, offshore wind farms and hydrogen, in an effort to identify the potential synergies that can help achieve the goals of the National Energy and Climate Plan (NECP), while bringing added value to the Greek State.

HEREMA has the technical knowledge about the hydrocarbon potential of Greece and is the only administrator of the country's hydrocarbons data archive. The strengthening of the available data library with new geophysical and geochemical data, as well as the continuous update of the hydrocarbon potential of the Greece’s geological basins, are two of the main priorities of the company.

HEREMA is also designated the competent national authority for the licensing and monitoring of CCS projects as well as for other gas and liquid storage projects (UGS). HEREMA was also designated the competent national authority for the research, exploration and selection of Organized Offshore Development Areas for Wind Farms and installation areas, and the granting of research and exploitation rights for these projects, further expanding our company’s scope.

The new BoD has established several new governance frameworks where Environmental and Social Governance (ESG) constitutes the priority. The company has created strategic synergies with academic institutes, major market players, and government authorities and is working with investors and legislators to leverage its offshore expertise to help accelerate developments in offshore wind and carbon management projects.

HEREMA maintains an open-door policy and attractive conditions for potential investors, and looks forward to welcoming new partners for further developing the Greek energy resources.

The Independent Power Transmission Operator (IPTO) is responsible for the operation, monitoring, maintenance and development of the Hellenic Electricity Transmission System, aiming to ensure safe and undisrupted power supply across the country.

IPTO's Ten Year Network Development Plan provides for the electrical interconnection of almost all Greek islands in the High Voltage System by 2029, the strengthening and modernization of the continental power grid as well as the facilitation of Creece's transition towards a cleaner energy mix.

IPTO's 5-billion-euro investment program -among others- includes the emblematic Crete-Attica power link, the completion of Cyclades and Sporades interconnections and energy storage projects.

With its 182-year participation in the country's economic and social life, NBG is one of the most significant Greek financial organizations, as it plays a key role in efforts to support the Greek economy and enable the economic transformation of the country.

The Group provides a wide range of financial products and services that meet the changing needs of businesses and individuals, including deposit and investment products, various financing facilities, brokerage, insurance, leasing and factoring services.

Today NBG’s Group employs a workforce of almost 8.100 employees. It also has a wide distribution network of over 35 branches and 1.450 ATMs in Greece, and provides services through alternative electronic networks (internet, phone and mobile banking), which enable customers to carry out easy, fast and safe everyday transactions.

NBG supports Greek businesses by offering new financing tools and high-quality specialized services, placing emphasis on financing productive investments, export trade and new, innovative entrepreneurship.