Research – analysis: prof. Giannis Maniatis
With the assistance of graduate students: G. Andresaki, Fr. Desillas, Al. Yakovakis

When will Greece finally understand this too? Of the 6,175 kilowatt-hours (kWh) consumed by an average household, a 1,700 kWh water heater accounts for 27.5%! While we generously subsidize imported electric vehicles (1500 kWh), refrigerators (150 kWh), kitchens, as well as other electrical appliances, we unfortunately have not yet implemented a national generous subsidization program for solar water heaters from which they are made in our country. by Greek companies, reduce emissions more than an electric car and cost only 800 to 1000 euros, while at the same time cutting our housing bills by a third (1/3) over the next 20-25 years.

Inability to heat houses

According to Eurostat data for 2020, Greece ranked 5th (16.7%) in the European ranking for the inability to heat homes, with a European average of 8.2%. In 2021, Greece was ranked 3rd worst (28%) among countries with residents at risk of poverty and social exclusion, with a European ranking. up to 21.7%.

The EU will help achieve climate goals

Global warming of 2°C would raise sea levels by 56 cm, increase the number of heatwave days by 25%, and threaten extended periods of drought. A 4°C rise in temperature will limit the habitable zones on the planet. The EU, UK and South Africa are expected to reach the 2°C target, while the US, Japan and Canada will not.

European gas price surge

The cost of a megawatt-hour increased from 80 euros in June to 340 euros in August due to the cessation of the Russian flow to Germany. Prices recently fell to 218 euros after Germany completed its winter gas storage plan ahead of schedule. The price difference in MWh between TTF (Netherlands) and Henry Hub (USA) is 160 euros.

Protagonists in LNG imports

It is predicted that by 2025, global imports of liquefied natural gas (LNG) will reach 600 billion cubic meters. growth in global LNG imports.