First Annual Report on Greece's Energy Sector was Presented by IENE in Special Event in Athens

On February 13 in the presence of a packed audience at the Divani Caravel Hotel in central Athens, IENE presented its first ever annual report on Greece’s energy sector. This 184 page document which was researched, written and published by IENE, covers the whole energy sector of Greece and contains several references to SE Europe.

A long standing project by IENE concerning the regular reporting at country level has now come to fruition with the publication of the first such country report on Greece's energy sector.

IENE's Annual 2019 Report on Greece's energy sector contains a wealth of information covering all energy branches ranging from oil,gas and electricity to renewables, energy efficiency,emissions and energy and climate change policies.

The scope of this latest report on Greece's energy sector which the Institute aspires to publish annually, is to provide a comprehensive account of the country's energy sector with extensive references on current and past activities and achievements. The report also includes a mid term assessment of likely developments including energy demand and consumption patterns.

In addition to hard data contained in this ground breaking sectorial analysis, IENE's annual energy report on Greece contains estimates on potential and planned investment.Anticipated energy related investments in Greece between 2018-2027 could well reach € 45,5 billion. A fundamental assumption being that the country will continue on its economic recovery, pursuing a sustained growth trajectory of no less than an average 1,5% annual GDP growth.

IENE’s Annual Energy Sector Report in Greece was presented by Mr. Costis Stambolis, the Institute’s Executive Director and by Mr. Dimitris Mezartasoglou, Head of Studies at IENE, who along with Mr. John Chadjivassiliadis, Chairman of IENE, were the principal authors of the report. 

Mr. Michalis Verroiopoulos, Secretary General of the Ministry of Energy and Environment, also addressed the gathering stressing the need for coherent and environment friendly energy policies, while Prof. Pantelis Capros, chairman of IENE’s Scientific Council and head of Ε3ΜLab, contributed his insight on the actions required to make Greece’s energy system more agile and efficient. Finally, Mr. Michael Filippou, Chairman and CEO of Greece’s newly established Hellenic Energy Exchange, underlined the role of energy exchanges in the organization and running of national and regional energy markets.

More than a 100 people from all different energy branches and executives from Greece’s top energy companies and organizations attended this major event which was sponsored by three of the country’s leading energy groups, namely Hellenic Petroleum, the CENERGY company, part of the Viohalco group, and the Hellenic Energy Exchange.