The country’s efforts to reach objectives set in the National Energy and Climate Plan, shaped by long-term European climate and energy goals, as well as the domestic plan itself, have been favorably reviewed by the European Commission in a related report released yesterday as an appraisal of the finalized NECP submitted to Brussels by the Greek government.
The European Commission, which has reviewed the NECPs of EU member states and how they stand in connection with Europe’s energy and climate objectives, described the Greek plan and its progress as “satisfactory” and “sufficient”.
The Brussels review, however, pointed out that the country’s reforms concerning competition in the retail and wholesale electricity and gas markets, among other domains, require strengthening.
The report also called for an enhancement of Greece’s just transition plan concerning the post-lignite era. Greater detail in the assessment of the social and employment repercussions, as well as retraining requirements, in lignite-dependent areas where the lignite-fired power stations are planned to be withdrawn over the next three years is needed, it noted.
As for measures concerning the Greek economy’s pandemic-related recovery, at least 37 percent of recovery funds to be made available should be invested in climate-linked initiatives so that mid-term emission reduction targets are met, the report noted.