Amongst different issues, Prime Minister Kyriakos Mitsotakis spoke of PPC’s “spectacular transformation” throughout his speech on the “Energy Summit 2024” convention on Wednesday morning (22.05.24).
Talking on the convention, Kyriakos Mitsotakis referred to the “new period” of PPC beneath the management of Mr. Stassis, on account of which the corporate that was on the point of chapter in 2019 is now a regional power “participant”.
On the similar time, European Vitality Commissioner Kadri Simson praised the progress made by Greece within the power transition, underlining in a taped message the brand new file within the penetration of RES in electrical energy manufacturing achieved in 2023. Ms. Simson additionally famous the EU’s de-dependence steps from Russian pure fuel, nonetheless, confused that with a view to obtain the objectives set for 2030, additional motion and acceleration of the trouble is required.
The president and managing director of PPC Giorgos Stassis referred to the outcomes of the coverage applied within the final 5 years in our nation and PPC, regardless of the pandemic and the power disaster, with the doubling of photovoltaics, the discount of carbon dioxide emissions by 60% with the continued retirement of lignite models. “Within the subsequent 3 years, we’ll double RES in Greece and Romania”, mentioned Mr. Stassis whereas underlining the necessity for investments in expertise and the digitalization of the power system as an entire, interconnections, distribution infrastructure and guaranteeing power safety.
The president of SEB Dimitris Papalexopoulos emphasised that Europe urgently wants a growth technique as it’s dropping competitiveness towards each Asian nations and the USA whereas he warned of the danger of deindustrialization because of the excessive value of power.
The necessity for the EU to maneuver from the dialogue stage to implementation was underlined by Leonhard Birnbaum, CEO of E.On and chairman of Eurelectric. “We can’t stand one other debate about what inexperienced hydrogen is,” he mentioned. He additionally famous that the issue of the EU is wider and isn’t discovered solely in power, citing the shortage of a single European capital market, which ought to, as he mentioned, be a precedence of the following European Fee.
Current on the convention is the managing director of the Ukrainian electrical energy firm, Maxim Timchenko, who requested the help of European power corporations by sending gear (transformers, generators) to strengthen the manufacturing potential of the nation that has suffered in depth harm from the Russian assaults.
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