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| </td> | | </td> |
| <td> | | <td> |
− | <p> Athens(<a href="<a href="http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country">http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country</a>">38°00′N 23°43′E</a>) | + | <p> Athens(<a href="<a href="<a href="http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country">http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country</a>"><a href="http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country">http://toolserver.org/~geohack/geohack.php?pagename=Greece&params=38_00_N_23_43_E_type:country</a></a>">38°00′N 23°43′E</a>) |
| </p> | | </p> |
| </td></tr> | | </td></tr> |
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| </p> | | </p> |
| <h1> Energy Situation<br /> </h1> | | <h1> Energy Situation<br /> </h1> |
− | <p>Today the Greek energy market is undergoing fundamental reforms. New advanced energy technologies and perpetual environmental issues, requirements arising from European and international cooperation as well as various intergovernmental Agreements are factors shaping and harmonizing the institutional and legislative framework of the Greek energy market with current tendencies and perceptions. <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></span> | + | <p>Today the Greek energy market is undergoing fundamental reforms. New advanced energy technologies and perpetual environmental issues, requirements arising from European and international cooperation as well as various intergovernmental Agreements are factors shaping and harmonizing the institutional and legislative framework of the Greek energy market with current tendencies and perceptions. <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a></span> |
| </p><p><font color="#000000">Greece, and the European Union, have established key priorities and binding policies related to the production of electricity from renewable sources.</font> | | </p><p><font color="#000000">Greece, and the European Union, have established key priorities and binding policies related to the production of electricity from renewable sources.</font> |
| </p><p><font color="#000000">To establish security and diversification of its energy supply, and ensure environmental protection and sustainable development, Greece promotes the establishment of power using renewable energy sources.</font> | | </p><p><font color="#000000">To establish security and diversification of its energy supply, and ensure environmental protection and sustainable development, Greece promotes the establishment of power using renewable energy sources.</font> |
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| </p><p><br /> | | </p><p><br /> |
| </p> | | </p> |
− | <h3> General Energy Policy, Energy Strategy <span class="fck_mw_ref"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></span><br /> </h3> | + | <h3> General Energy Policy, Energy Strategy <span class="fck_mw_ref"><a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a></span><br /> </h3> |
| <p>The priority and top objective is to safeguard and manage energy resources in a manner which secures the smooth, uninterrupted and reliable supply of the nation’s energy needs and access for all users to affordable, secure energy. The second objective is to secure energy stocks, through alliances and alternatives energy sources and routes in order to ensure the supply of the domestic market and protect consumers in the case of emergencies. The third objective is the viable and sustainable development of the energy sector from the stage of production to the end-use while protecting nature and safeguarding the environment. | | <p>The priority and top objective is to safeguard and manage energy resources in a manner which secures the smooth, uninterrupted and reliable supply of the nation’s energy needs and access for all users to affordable, secure energy. The second objective is to secure energy stocks, through alliances and alternatives energy sources and routes in order to ensure the supply of the domestic market and protect consumers in the case of emergencies. The third objective is the viable and sustainable development of the energy sector from the stage of production to the end-use while protecting nature and safeguarding the environment. |
| </p><p><u>The strategy to ensure supply needs and address energy issues in Greece is shaped by the regulatory and legal framework which focuses today on the following general axis:</u> | | </p><p><u>The strategy to ensure supply needs and address energy issues in Greece is shaped by the regulatory and legal framework which focuses today on the following general axis:</u> |
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| </p> | | </p> |
| <h3> Important Laws and Regulations<br /> </h3> | | <h3> Important Laws and Regulations<br /> </h3> |
− | <p><b>Renewable Energy Sources <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></span></b><br />Renewable Energy Sources (RES) means renewable non-fossil energy sources, that is wind, solar, geothermal wave, tidal, hydro-electric power, landfill gas, sewage treatment plant gas and biogases as defined by Directive 2001/77/EC.<br />According to law 2773/1999 is electricity produced from plants using: | + | <p><b>Renewable Energy Sources <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a></span></b><br />Renewable Energy Sources (RES) means renewable non-fossil energy sources, that is wind, solar, geothermal wave, tidal, hydro-electric power, landfill gas, sewage treatment plant gas and biogases as defined by Directive 2001/77/EC.<br />According to law 2773/1999 is electricity produced from plants using: |
| </p> | | </p> |
| <ol><li>Wind or Solar biomass or biogases. | | <ol><li>Wind or Solar biomass or biogases. |
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| </p> | | </p> |
| <h3> Specific Strategies (Biomass, Renewable Energies, Rural Electrification, Energy Access Strategy etc.)<br /> </h3> | | <h3> Specific Strategies (Biomass, Renewable Energies, Rural Electrification, Energy Access Strategy etc.)<br /> </h3> |
− | <p><b>National Action Plan 20-20-20 <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></span></b><br />The obligation to compile National Action Plan reports to the European Commission on progress in the promotion and use of energy from renewable sources with regard to the target to achieve a 20 % share of energy from renewable sources in the Community’s gross final consumption of energy in 2020 derives from Directive 2009/28 EC.<br />Reports include estimates on the development of the energy sector and the penetration of technologies from RES BY 2020. Estimates are required for the overall and sectoral shares of energy produced from RES (Electricity, heating and cooling, and transport) . The Reports also have to detail progress made in evaluating and improving administrative procedures to remove regulatory and non-regulatory barriers to the development of energy from renewable sources. The National Renewable Energy Action Plans, which are finalised following consultation with the European Commission form the basis of the Ministerial Decree regarding the penetration of RES in the national energy mix. Action Plans are updated every two years following evaluation on the implementation of their provisions and in order to take into account improvements in technologies, market developments and energy demand. | + | <p><b>National Action Plan 20-20-20 <span class="fck_mw_ref">Ministry of Environment, Energy and Climate Change: <a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a></span></b><br />The obligation to compile National Action Plan reports to the European Commission on progress in the promotion and use of energy from renewable sources with regard to the target to achieve a 20 % share of energy from renewable sources in the Community’s gross final consumption of energy in 2020 derives from Directive 2009/28 EC.<br />Reports include estimates on the development of the energy sector and the penetration of technologies from RES BY 2020. Estimates are required for the overall and sectoral shares of energy produced from RES (Electricity, heating and cooling, and transport) . The Reports also have to detail progress made in evaluating and improving administrative procedures to remove regulatory and non-regulatory barriers to the development of energy from renewable sources. The National Renewable Energy Action Plans, which are finalised following consultation with the European Commission form the basis of the Ministerial Decree regarding the penetration of RES in the national energy mix. Action Plans are updated every two years following evaluation on the implementation of their provisions and in order to take into account improvements in technologies, market developments and energy demand. |
| </p><p><br /> | | </p><p><br /> |
| </p> | | </p> |
| <h2> Institutional Set-up in the Energy Sector<br /> </h2> | | <h2> Institutional Set-up in the Energy Sector<br /> </h2> |
| <h3> Governmental Institutions Private Sector (Enterprises, NGOs)<br /> </h3> | | <h3> Governmental Institutions Private Sector (Enterprises, NGOs)<br /> </h3> |
− | <ul><li>Ministry of Environment, Energy & Climate Change: <a href="<a href="http://www.ypeka.gr">http://www.ypeka.gr</a>"><a href="http://www.ypeka.gr">http://www.ypeka.gr</a></a> | + | <ul><li>Ministry of Environment, Energy & Climate Change: <a href="<a href="<a href="http://www.ypeka.gr">http://www.ypeka.gr</a>"><a href="http://www.ypeka.gr">http://www.ypeka.gr</a></a>"><a href="<a href="http://www.ypeka.gr">http://www.ypeka.gr</a>"><a href="http://www.ypeka.gr">http://www.ypeka.gr</a></a></a> |
− | </li><li>Regulatory Authority for Energy: <a href="<a href="http://www.rae.gr">http://www.rae.gr</a>"><a href="http://www.rae.gr">http://www.rae.gr</a></a> | + | </li><li>Regulatory Authority for Energy: <a href="<a href="<a href="http://www.rae.gr">http://www.rae.gr</a>"><a href="http://www.rae.gr">http://www.rae.gr</a></a>"><a href="<a href="http://www.rae.gr">http://www.rae.gr</a>"><a href="http://www.rae.gr">http://www.rae.gr</a></a></a> |
− | </li><li>Centre for Renewable Energy Source: <a href="<a href="http://www.cres.gr">http://www.cres.gr</a>"><a href="http://www.cres.gr">http://www.cres.gr</a></a> | + | </li><li>Centre for Renewable Energy Source: <a href="<a href="<a href="http://www.cres.gr">http://www.cres.gr</a>"><a href="http://www.cres.gr">http://www.cres.gr</a></a>"><a href="<a href="http://www.cres.gr">http://www.cres.gr</a>"><a href="http://www.cres.gr">http://www.cres.gr</a></a></a> |
− | </li><li>Public Power Corporation: <a href="<a href="http://www.dei.gr">http://www.dei.gr</a>"><a href="http://www.dei.gr">http://www.dei.gr</a></a> | + | </li><li>Public Power Corporation: <a href="<a href="<a href="http://www.dei.gr">http://www.dei.gr</a>"><a href="http://www.dei.gr">http://www.dei.gr</a></a>"><a href="<a href="http://www.dei.gr">http://www.dei.gr</a>"><a href="http://www.dei.gr">http://www.dei.gr</a></a></a> |
− | </li><li>Hellenic Transmission System Operation: <a href="<a href="http://www.desmie.gr">http://www.desmie.gr</a>"><a href="http://www.desmie.gr">http://www.desmie.gr</a></a> | + | </li><li>Hellenic Transmission System Operation: <a href="<a href="<a href="http://www.desmie.gr">http://www.desmie.gr</a>"><a href="http://www.desmie.gr">http://www.desmie.gr</a></a>"><a href="<a href="http://www.desmie.gr">http://www.desmie.gr</a>"><a href="http://www.desmie.gr">http://www.desmie.gr</a></a></a> |
− | </li><li>Greek Association of RES Electricity Producers: <a href="<a href="http://www.hellascres.gr">http://www.hellascres.gr</a>"><a href="http://www.hellascres.gr">http://www.hellascres.gr</a></a> | + | </li><li>Greek Association of RES Electricity Producers: <a href="<a href="<a href="http://www.hellascres.gr">http://www.hellascres.gr</a>"><a href="http://www.hellascres.gr">http://www.hellascres.gr</a></a>"><a href="<a href="http://www.hellascres.gr">http://www.hellascres.gr</a>"><a href="http://www.hellascres.gr">http://www.hellascres.gr</a></a></a> |
− | </li><li>Public Gas Corporation S.A.: <a href="<a href="http://www.depa.gr">http://www.depa.gr</a>"><a href="http://www.depa.gr">http://www.depa.gr</a></a> | + | </li><li>Public Gas Corporation S.A.: <a href="<a href="<a href="http://www.depa.gr">http://www.depa.gr</a>"><a href="http://www.depa.gr">http://www.depa.gr</a></a>"><a href="<a href="http://www.depa.gr">http://www.depa.gr</a>"><a href="http://www.depa.gr">http://www.depa.gr</a></a></a> |
− | </li><li>Hellenic Petroleum S.A: <a href="<a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a>"><a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a></a> | + | </li><li>Hellenic Petroleum S.A: <a href="<a href="<a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a>"><a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a></a>"><a href="<a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a>"><a href="http://www.hellenic-petroleum.gr">http://www.hellenic-petroleum.gr</a></a></a> |
− | </li><li>Greek Solar Industry Association: <a href="<a href="http://www.ebhe.gr">http://www.ebhe.gr</a>"><a href="http://www.ebhe.gr">http://www.ebhe.gr</a></a> | + | </li><li>Greek Solar Industry Association: <a href="<a href="<a href="http://www.ebhe.gr">http://www.ebhe.gr</a>"><a href="http://www.ebhe.gr">http://www.ebhe.gr</a></a>"><a href="<a href="http://www.ebhe.gr">http://www.ebhe.gr</a>"><a href="http://www.ebhe.gr">http://www.ebhe.gr</a></a></a> |
− | </li><li>Hellenic Association for the Cogeneration of Heat & Power: <a href="<a href="http://www.hachp.gr">http://www.hachp.gr</a>"><a href="http://www.hachp.gr">http://www.hachp.gr</a></a> | + | </li><li>Hellenic Association for the Cogeneration of Heat & Power: <a href="<a href="<a href="http://www.hachp.gr">http://www.hachp.gr</a>"><a href="http://www.hachp.gr">http://www.hachp.gr</a></a>"><a href="<a href="http://www.hachp.gr">http://www.hachp.gr</a>"><a href="http://www.hachp.gr">http://www.hachp.gr</a></a></a> |
− | </li><li>Hellenic Association of Photovoltaic Companie: <a href="<a href="http://www.helapco.gr">http://www.helapco.gr</a>"><a href="http://www.helapco.gr">http://www.helapco.gr</a></a> | + | </li><li>Hellenic Association of Photovoltaic Companie: <a href="<a href="<a href="http://www.helapco.gr">http://www.helapco.gr</a>"><a href="http://www.helapco.gr">http://www.helapco.gr</a></a>"><a href="<a href="http://www.helapco.gr">http://www.helapco.gr</a>"><a href="http://www.helapco.gr">http://www.helapco.gr</a></a></a> |
− | </li><li>Hellenic Wind Energy Association: <a href="<a href="http://www.eletaen.gr">http://www.eletaen.gr</a>"><a href="http://www.eletaen.gr">http://www.eletaen.gr</a></a> | + | </li><li>Hellenic Wind Energy Association: <a href="<a href="<a href="http://www.eletaen.gr">http://www.eletaen.gr</a>"><a href="http://www.eletaen.gr">http://www.eletaen.gr</a></a>"><a href="<a href="http://www.eletaen.gr">http://www.eletaen.gr</a>"><a href="http://www.eletaen.gr">http://www.eletaen.gr</a></a></a> |
| </li></ul> | | </li></ul> |
| <p><br /> | | <p><br /> |
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| </p> | | </p> |
| <h1> Publications </h1> | | <h1> Publications </h1> |
− | <ul><li><a href="<a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a>">Energy Outlook of Greece</a> | + | <ul><li><a href="<a href="<a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a>"><a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a></a>">Energy Outlook of Greece</a> |
− | </li><li><a href="<a href="http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf">http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf</a>">Solar thermal plants in industrial processes Design and Maintenance Guidelines Procesol II</a> | + | </li><li><a href="<a href="<a href="http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf">http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf</a>"><a href="http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf">http://www.cres.gr/kape/pdf/download/PROCESOL_eng_L.pdf</a></a>">Solar thermal plants in industrial processes Design and Maintenance Guidelines Procesol II</a> |
− | </li><li><a href="<a href="http://www.cres.gr/kape/pdf/download/HSAPS.pdf">http://www.cres.gr/kape/pdf/download/HSAPS.pdf</a>">Market potential analysis for the introduction of Hydrogen energy technologies in stand alone power systems</a> | + | </li><li><a href="<a href="<a href="http://www.cres.gr/kape/pdf/download/HSAPS.pdf">http://www.cres.gr/kape/pdf/download/HSAPS.pdf</a>"><a href="http://www.cres.gr/kape/pdf/download/HSAPS.pdf">http://www.cres.gr/kape/pdf/download/HSAPS.pdf</a></a>">Market potential analysis for the introduction of Hydrogen energy technologies in stand alone power systems</a> |
− | </li><li><a href="<a href="http://www.cres.gr/kape/pdf/download/F_RES.pdf">http://www.cres.gr/kape/pdf/download/F_RES.pdf</a>">Methods of Financing Renewable Energy Investments in Greece</a> | + | </li><li><a href="<a href="<a href="http://www.cres.gr/kape/pdf/download/F_RES.pdf">http://www.cres.gr/kape/pdf/download/F_RES.pdf</a>"><a href="http://www.cres.gr/kape/pdf/download/F_RES.pdf">http://www.cres.gr/kape/pdf/download/F_RES.pdf</a></a>">Methods of Financing Renewable Energy Investments in Greece</a> |
| </li></ul> | | </li></ul> |
| <p>  | | <p>  |
| </p> | | </p> |
| <h1> References </h1> | | <h1> References </h1> |
− | <ul><li><a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>">Ministry of Environment, Energy and Climate Change: <a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a> | + | <ul><li><a href="<a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a>">Ministry of Environment, Energy and Climate Change: <a href="<a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a>"><a href="http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR">http://www.ypeka.gr/Default.aspx?tabid=225&locale=en-US&language=el-GR</a></a></a> |
− | </li><li><a href="<a href="http://www.cres.gr/kape/index_eng.htm">http://www.cres.gr/kape/index_eng.htm</a>">The Centre for Renewable Energy Sources and Saving (CRES)</a> | + | </li><li><a href="<a href="<a href="http://www.cres.gr/kape/index_eng.htm">http://www.cres.gr/kape/index_eng.htm</a>"><a href="http://www.cres.gr/kape/index_eng.htm">http://www.cres.gr/kape/index_eng.htm</a></a>">The Centre for Renewable Energy Sources and Saving (CRES)</a> |
− | </li><li><a href="<a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a>">Ministry of Development- Energy Outlook of Greece</a> | + | </li><li><a href="<a href="<a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a>"><a href="http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf">http://www.cres.gr/kape/pdf/download/Energy_Outlook_2009_EN%20.pdf</a></a>">Ministry of Development- Energy Outlook of Greece</a> |
| </li></ul> | | </li></ul> |
| <p><span class="fck_mw_references">_</span> | | <p><span class="fck_mw_references">_</span> |
The installed capacity (16.3 GW end of 2011) is dominated by thermal energy (68%). In 2011 Greece produced 53 TWh (16% less than the all-time high of 2008), 58% of which from lignite, 16% from gas, 8% from hydro and 6% from wind.
Total energy consumption per capita is 2.3 toe, including 4300 kWh of electricity; it is 30% lower than the EU average (3.5 toe).
The undergoing reforms are the liberalization of the electricity and natural gas markets, increased competitiveness, the extension and enhancement of the domestic and cross-border electricity, natural gas and oil networks, the further separation of production and supply from transmission networks, consumer choice, increased share of energy from Renewable Energy Sources, reduced share of fossil-fuel generated electricity, improved energy efficiency, energy saving and the protection of the environment.
The priority and top objective is to safeguard and manage energy resources in a manner which secures the smooth, uninterrupted and reliable supply of the nation’s energy needs and access for all users to affordable, secure energy. The second objective is to secure energy stocks, through alliances and alternatives energy sources and routes in order to ensure the supply of the domestic market and protect consumers in the case of emergencies. The third objective is the viable and sustainable development of the energy sector from the stage of production to the end-use while protecting nature and safeguarding the environment.
Three decisive projects are laying the groundwork for a diverse, competitive, and secure energy supply: the Burgas-Alexandroupolis oil pipeline, the Interconnector Turkey-Greece-Italy (ITGI), and the South Stream natural gas pipeline. With these transformative projects Greece is emerging as an oil and gas conduit, supplying the markets of Southeast and Western Europe as well as those as far away as North America.
The South Stream Pipeline, with an end point in Italy, is a major project to supply Russian gas to Western Europe. The pipeline is to pass through Greece and may connect to the Interconnector Turkey-Greece-Italy (ITGI).