The country’s decarbonization plan, not responsible for the sharp rise in electricity prices, does not require any revisions, lignite continuing to contribute to the energy mix in accordance with the grid’s needs, government officials have determined following a weekend meeting during which the country’s energy mix was examined.
Lignite has played a bigger role in the country’s energy mix over the past few days, covering more than 20 percent of electricity generation needs, up from 10.5 percent in January.
According to data provided by power grid operator IPTO, six of power utility PPC’s lignite-fired power stations will operate today. Agios Dimitrios I, II, IV and V, Megalopoli IV and Meliti will all contribute to the grid, according to IPTO.
Officials participating at the weekend meeting also examined the progress of the country’s hydrocarbons sectors. EU member states are looking for ways to reduce their dependence on Russian gas.
Hellenic Petroleum (ELPE) recently conducted seismic surveys at its ‘Ionio’ license, an Ionian Sea block southwest of Corfu. EDEY, the Greek Hydrocarbon Management Company, is now awaiting the investor’s next steps.