As Energy Transition gathers pace across Europe, and worldwide, so are developments in Greece’s energy sector which over the past years has emerged as a pilar of the country’s economy and a major pivot of economic growth. Although the energy sector in Greece corresponds to just less than 5% of its GDP its role in terms of investments and as prime mover in cross border economic cooperation is of vital importance.
As Energy Transition gathers pace across Europe, and worldwide, so are developments in Greece’s energy sector which over the past years has emerged as a pilar of the country’s economy and a major pivot of economic growth. Although the energy sector in Greece corresponds to just less than 5% of its GDP its role in terms of investments and as prime mover in cross border economic cooperation is of vital importance.
In addition to enabling the further development and upgrading of energy infrastructure with some €2,5 to € 3,0 billion investment on average per year, a major chunk of funds are now channeled to marketing activities, following electricity and gas deregulation and increased competition at retail level. As several major developments in Greece’s energy sector have taken place since GED’s last publication in 2016 it was felt necessary to provide an update. Hence, this new edition of GED which has been prepared under the auspices and with the support of the Institute of Energy for SE Europe (IENE).
In practice the Greek Energy Directory 2021 presents an overview of the Greek energy sector and, furthermore, illustrates the significant progress that has been achieved over the last five years both in terms of infrastructure and operation of the market itself. The Directory consists of nine chapters and contains articles by experts, academics, as well as the heads of the largest companies in the Greek energy market in the fields of oil, gas, electricity, renewable energy sources, energy efficiency, energy legislation and research. Written exclusively in English, the Greek Energy Directory 2021 aims, among other things, to enhance the country's extrovert drive and also assist in the promotion of export in Greek energy products and services.
The Chairman and Executive Director of IENE, Costis Stambolis, stated in this regard: "Since publication of the 2016 edition of the Greek Energy Directory a number of important changes have taken place in Greece’s buoyant energy market. Most noteworthy of which include the government instituted decarbonisation process in power generation, the drive towards much bigger penetration of renewables along with energy efficiency improvement and energy competition at all levels, following the late implementation by Greece of EU’s target model in electricity market operation. I trust that the “Greek Energy Directory 2021” will prove both useful and inspiring for all concerned and currently engaged in one of the most dynamic sectors of Greece’s economy".
The publication of the Directory is an initiative by Greece’s oldest energy portal, energia.gr, and was published by Editcom on the occasion of the portal’s 20-year anniversary. Thanks to the support of the companies participating in the publication, access to the Greek Energy Directory 2021 is free since it has been posted in its entirety at www.energia.gr.
