THERMAL ENERGY

HERON S.A.

GEK TERNA Group has been active in the field of thermal energy through its 100% subsidiary company HERON since the early 2000s. In fact, GEK TERNA is the first private group to invest in the development of a gas - fueled power plant in Greece (HERON I – total capacity 147 MW), the construction of which began in 2002 and was completed in 2004. In 2007, the construction of the second gas - fueled power plant of the Group (HERON II – total capacity 435 MW) began, which commenced commercial operation in 2010, raising the Group’s total installed capacity at 582 MW.
HERON Group is today one of the most important Groups with vertically integrated activity in the fields of electricity generation from natural gas and the trading and supply of electricity and natural gas, while it is also a leading player in the field of electric mobility. 

READ MORE

 

 

 

THERMOILEKTRIKI KOMOTINIS - COMBINED CYCLE GAS TURBINE (CCGT) POWER PLANT FUELED WITH NATURAL GAS AT KOMOTINI AREA

The Group’s total capacity is further increased by the Natural Gas plant in Komotini, Greece, with a targeted capacity of 877 MW, which we are currently building in partnership with Motor Oil, and concerns an investment of EUR 375 million.
Thermoilektriki Komotinis, a company in which Motor Oil Renewable Energy (MORE) and GEK TERNA jointly participate in, with a stake of 50% each, assigned the construction of the plant to TERNA S.A.
The construction of the new state-of-the-art plant is of strategic importance, as it will cover the increased electricity demand, which will be created due to the gradual withdrawal of lignite production units in our country. It is significant not only for the development of the region, but also for the energy security of the country.