In the coming days, the Task Force set up by the decision of the EU Ministers of Energy Council to examine the systematic divergences of current prices between Central – North and Europe, will be said to examine the systematic divergences of the power of power between Central – North and Europe, speaking at the Economist conference today.
In the context of the same conference it became known that Ukraine for the first time yesterday was supplied with natural gas through DESFA’s virtual trading point.
Mr. Papastavrou stressed that SE Europe is facing over time higher electricity valuessomething that Prime Minister Kyriakos Mitsotakis also pointed out last year. This reality challenges the European model and gives space to populist voices, the Minister stressed, expressing his satisfaction with its creation. task force.
Also reported to rapid growth of Renewable Energy Sources from 2019a period in which the power of RES doubled, the use of lignite decreased by 91 % and carbon dioxide emissions by 46 %. Mr. Papastavrou also stood in the role of Greece as a regional energy hub that “It’s just the beginning as the railway and road transport will follow.”
The Minister of Energy, Commerce and Industry of Cyprus George Papanastasiou He pointed out that the EU pushed to promote green transition at a time when technology was not mature to support it. “We must take seriously the cost of energy for citizens and the competitiveness of the economy. Green energy must support competitiveness’, he said.
Moldovan Energy Minister Dorin Junghietu referred to the country’s progress in approaching the EU by adapting legislation to Community law.
Deputy Minister of Energy of Azerbaijan Orkhan Zeynalov pointed out the need to upgrade natural gas export infrastructures to the EU, which he said requires financial, regulatory aid and long -term commitment. As his country said exported $ 25 billion last year measure gas from which the 13 billion went to the EU.
Bulgarian Deputy Minister of Energy Iva Petrova said that the priority for her country is to differentiate the sources and routes of energy supply and cited the vertical gas corridor as an example of regional cooperation.
Former US Minister and former US Ambassador Jeffrey Paiat underlined the upgrading of Greece’s role as a regional energy hub. He noted that Greece in 2020 introduced 7 billion cubic meters of gas while imports today reach 17 billion with additional quantities being almost exclusively exported. Greece changed the map of energy in this area, he said. He added that electrical interconnections such as Great Sea Interconnector and interconnection with Egypt give access to low -cost energy and facilitate the electricity of the economy. He also spoke of Russia’s strategic defeat after the invasion of Ukraine, with the loss of the European market.
East Mediterranean Gas Forum Osama Mobarez, the Secretary General of East Mediterranean Gas forum, underlined the benefits of regional cooperation, setting the cooperation of Cyprus with Egypt for natural gas deposits that will allow them to grow and export to Europe through Greece.
Dan Stratan, head of the RCI Holding Group, presented Romania’s strategy for green transition and energy security.
Helleniq Energy Managing Director Andreas Siamis has criticized the design of the green transition – which must however be done – as it was not taken into account that each country starts from a different starting point.
DESFA CEO Maria Rita Galli, referred to the increase in gas exports through Greece While announcing that yesterday for the first time Ukraine bought natural gas through the Greek Virtual Trading Point. He also said that next week in Northern Macedonia, the construction of the section of the gas pipeline that would connect the neighboring country with Greece will begin.
IGI Poseidon Fabrizio Mattana, chief executive, pointed out that the green transition approach is now more realistic and less ideological, which means that natural gas will have a longer presence while arguing that the EastMed pipeline is still a strategic choice for energy safety.
Mr. Notis Sardlas Partner of the Law Firm has scored three challenges that I have to say to: Faster development of interconnections, spatial planning and improvement of the institutional framework for expropriations.
Source: Skai
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