With a plan for export green electricity To Central and Western Europewho will come to Hellas from North Africa and Eastern Mediterraneanthe Greek government will come to upcoming summit. Greece’s proposal takes into account broader European energy security planning in the new energy transition environment and increased RES productionwhich makes it necessary to strengthen networks and cross-border relationships.

BloombergNEF estimates that 600 GW of solar and wind energy is waiting to be connected to the grid due to capacity shortages in just four European countries, namely the UK, Spain, Italy and France. According to the network of administrators E.E. ENTSO-E, in addition to the 23 GW of cross-border interconnection planned by 2025, Europe has additional needs for an additional 64 GW of interconnection across 50 European borders by 2030 and 132 GW by 2040 (including storage projects). These new connections are needed to cap Europe’s gas-fired electricity generation at 75 TWh by 2040 and prevent a 42 TWh reduction in renewables.

The EU, in line with the argument that Greece will develop at the summit, should have a targeted initiative to modernize the network in the Western Balkans, on the one hand, to achieve an energy transition in the region and to ensure that Greece, Bulgaria and other countries to send electricity to Europe, and on the other hand, to facilitate import electricity from the Eastern Mediterranean and North Africa to Southern Europe, and from there to Central Europe, which is more in need of energy.

With the proposal it will present at the summit, Greece will seek political support for an electric corridor that will connect Greece with Austria to reach green energy as far south as Germany.

He will seek political support for an electric corridor that will connect Greece with Austria.

The connection, with an initial capacity of 3 GW, which will reach 9 GW in the second phase, will start in Greece and end in Albania. From there, ADMIE seems to be considering two alternative routes. Land that will pass through Montenegro, Croatia and Slovenia and end up in Austria and southern Germany. The second route runs underwater from the coast of Albania to Slovenia and then overland to Austria and southern Germany.

Each route has advantages and disadvantages, which are evaluated by ADMIE. The submarine route, for example, avoids all the difficulties and delays that accompany land-based projects (licensing, reactions, expropriations, etc.), but it does not have intermediate costs, which is the advantage of the land route. In any case, political support is the first step towards advancing this new green path, which Prime Minister Kyriakos Mitsotakis will seek at the summit.

From there, an operator should show interest in Central or Western Europe and, in fact, in Germany due to the high demand for green energy or in Austria, where the interconnection will eventually take place.they are assigned to “K” by competent actors. Without stronger interconnections with Central Europe, interconnection plans between Greece and Egypt will also become ineffective, according to the same factors, since there will be no outlet for the surplus energy that will be concentrated in the country.

Greece will also propose to the Summit the creation of a new financial instrument to strengthen networks with additional resources, as well as to bring together disparate existing ones. The government’s initiative to present at the upcoming Summit a plan to export green energy to the North through the Western Balkans was announced yesterday in 4th Energy and Gas Forum Nikos Tzaphos, Special Adviser to the Prime Minister on Energy Issues. “Our strategy is linked to the Western Balkans so that we can channel energy from Africa and Greece to the north.” According to him, this is where the Greek government’s new initiative to present its international interconnection plan at the upcoming summit and meeting of EU energy ministers fits in.