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词条 Public Power Corporation
释义

  1. History

  2. Shareholders

  3. Economy

  4. Renewable energy

  5. Power plants

  6. Carbon intensity

  7. Mining areas

  8. See also

  9. References

  10. External links

{{Infobox company
| name = Public Power Corporation
| logo = Public Power Corporation.svg
| logo_size = 120px
| caption =
| type = Public
| traded_as = {{Athex|PPC}}
| native_name = Δημόσια Επιχείρηση Ηλεκτρισμού
| native_name_lang = el
| fate =
| predecessor =
| successor =
| foundation = {{Start date|1950}}
| founder =
| defunct =
| location_city = Athens
| location_country = Greece
| locations =
| area_served =
| key_people = Emmanuel Panagiotakis (Chairman & CEO) Grigoris Kostakis (Deputy chief executive officer) Dimitris Tzanninis (Deputy chief executive officer)
| industry = Electricity
| products = Electric power
| services = Electrical power distribution
| revenue = {{decrease}} €4.943 billion
| revenue_year = 2017
| operating_income ={{increase}} €151.2 million
| income_year = 2017
| net_income = {{decrease}} €88.7 million
| net_income_year = 2017
| assets = {{decrease}} €15.358 billion
| assets_year = 2017
| equity = {{decrease}} €5.610 billion
| equity_year = 2017
| owner = Hellenic Corporation of Assets and Participations S.A. (34.12%)[1]
| num_employees =
| num_employees_year =
| parent =
| divisions =
| subsid =
| homepage = {{URL|www.dei.gr}}
| footnotes = financial figures are in group, but excluding IPTO[2]{{rp|7}}
}}

The Public Power Corporation S.A. ({{lang-el|Δημόσια Επιχείρηση Ηλεκτρισμού|translit=Dimosia Epicheirisi Ilektrismou}}; {{lang|el|ΔΕΗ}}) is the biggest electric power company in Greece. It is controlled by the Greek government, which owns a majority of the issued shares(51,12%).

History

PPC was founded by the Greek government in 1950. Its main purpose was to plan and apply a national energy policy which, through the exploitation of the domestic products and resources, would distribute cheap electric power to all Greek citizens. PPC started the integration of all the small local grids to the national interconnected grid. Furthermore, the corporation resolved the purchase of all the small private and local electric power production units.

Today, PPC Group consists of 4 subsidiary companies PPC or DEI S.A., the Hellenic Electricity Distribution Network Operator (HEDNO or DEDDIE) S.A., IPTO or ADMIE S.A. and PPC RENEWABLES S.A.[3]

Shareholders

In the past five years there has been no change in the share capital of the Company.

The Company’s shares are traded in the «Large Cap» category of the Athens Stock Exchange (ATHEX), while in the London Stock Exchange they are traded in the form of global depository receipts (GDRs).

The Company’s shareholding structure as of 7 September 2018 was as follows:[4]

Shareholders Percentage
Hellenic Corporation of Assets and Participations S.A. (HCAP) owend by Greek state 34.12%
Hellenic Republic Asset Development Fund (HRADF) 17.00%
EFKA Single Social Security Entity 3.93%
Institutional Investors & general public 44.95%
Total 100.00%

Economy

In 2001, PPC carried out a share flotation on the Athens Stock Exchange and consequently is no longer wholly owned by the government, although it is still controlled by it with a 51.1% stake.{{citation needed|date=April 2013}}

In June 2011, the Greek government announced it would sell 17% of its share of PPC to meet conditions of EU/ECB/IMF loan package. The workers of PPC responded by limited power cuts to selected towns across Greece.[5] However, this plan is now is jeopardy as the incoming Tsipras Government has decided to suspend the privatization of PPC as one of its first anti-austerity measures.

Renewable energy

PPC has developed the first Wind Farm in the world, combined with a Photo-voltaic Station to supply electricity to the isolated power system of the island of Kythnos in 1982.[6]

The PPC has committed to buying renewable-source energy from independent producers at five times its selling rate until 2034.{{citation needed|date=April 2013}}

Legislation before Parliament in 2013-14 included making the PPC responsible for collection of the real estate tax, part of the EU/IMF/ECB requirements for the financial support of the economy.{{citation needed|date=April 2013}}

Power plants

The 34 major thermal and hydroelectric power plants and the 3 wind farms of the interconnected power grid of the mainland, as well as the 60 autonomous power plants located on Crete, Rhodes and other Greek islands (33 thermal, 2 hydroelectric, 18 wind energy and 5 photovoltaic parks) form PPC's industrial assets and constitute the energy basis of all financial activities of the country.{{citation needed|date=April 2013}}

The total installed capacity of the 97 PPC's power plants is currently 12,760 MW with a net generation of 53.9 TWh in 2007.{{citation needed|date=April 2013}}

Carbon intensity

yearProduction (TWh)Emission (Gt CO2)kg CO2/MWh
20024951.351050
20035252.411004
20045353.291015
20055352.59994
20065250.48969
20075453.04984
20085252.2996
20095049.7992
{{See also|List of European power companies by carbon intensity}}

Mining areas

PPC has mining areas adjacent to many of its power plants. Some of these power plants produce electricity and power from lignite, while other plants use coal. The largest mining areas are located between Kozani and Ptolemaida, around Amyntaio in the Florina prefecture and around Megalopolis.{{citation needed|date=April 2013}}

See also

{{Portal|Greece|Energy|Companies}}
  • Energy in Greece

References

1. ^https://www.dei.gr/en/i-dei/enimerwsi-ependutwn/xrimatistiriaka-stoixeia/metoxiki-sunthesi
2. ^https://www.dei.gr/Documents2/ANNUAL%20REPORT/AR-2017/ANNUAL_REPORT_2017_EN.pdf
3. ^{{cite web|url=http://www.dei.gr/en/i-dei/i-etairia/omilos-dei-ae|title=PPC Group - PPC S.A.|website=www.dei.gr|accessdate=17 August 2017}}
4. ^{{cite web|url=https://www.dei.gr/en/i-dei/enimerwsi-ependutwn/xrimatistiriaka-stoixeia/metoxiki-sunthesi|title=PPC's Shareholding Structure - PPC S.A.|website=www.dei.gr|accessdate=17 August 2017}}
5. ^{{cite news|url=https://www.wsj.com/articles/SB10001424052702303936704576397440483253386|title=Strike Forces Power Cuts in Greece|first=Alkman|last=Granitsas|date=20 June 2011|publisher=|accessdate=17 August 2017|newspaper=Wall Street Journal}}
6. ^el:Αιολικό πάρκο Κύθνου

External links

  • {{Official website|http://www.dei.gr}}
  • [https://www.dei.gr/Documents2/FinStat2014T4%20.pdf Financial Data 2014] (PDF; 3,1 mb)
{{Athex 20 companies}}

6 : Power companies of Greece|Public utilities of Greece|Companies based in Athens|Energy companies established in 1950|1950 establishments in Greece|Companies listed on the Athens Stock Exchange

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