Renewable Energy and the Greek financial crisis: Seminar and possible discussions with ACSF-invited speaker
“Renewable Energy Sources (RES) in Greece: a die hard case”
Gamesa Energia Greece and National Wind Energy Association of Greece
The numbers are clear: in nearly bankrupt Greece, Renewable Energy Sources (RES) have kept on growing. During the 2010 – 2015 period, in which the country's economy shrunk by 25%, RES more than tripled their installed capacity from 1423 to 5031 MW. This antithesis becomes more striking when one considers that this sector relies heavily on state regulation and warranties. The growth of RES, together with the sharp decline in fuel consumption, has allowed Greece to remain on track for its national 2020 targets in the context of the EU energy and climate policy framework.
Although this record seems to be more in line with the European RES track, it is hard to say what RES growth would have been, had there been no financial crisis in Greece. The electricity market in Greece has created its own unsustainable debt during the crisis and each renewable technology has had its own record of successes and failures. This presentation attempts to reveal the factors behind this survival story and to investigate the future prospects of RES in Greece in the broader context of relevant challenges faced by the EU, particularly in light of the global agreement reached in COP21 in Paris.
Konstantinos Katopis is a practicing Mechanical Engineer specializing in Renewable Energy Sources (RES). He pursued his undergraduate studies at the National Technical University of Athens (NTUA), where his final diploma thesis focused on wind energy. Upon graduation, he worked in research programs at NTUA and the Center for Renewable Energy Sources (CRES). Since 1998 he has worked as a professional engineer in the RES sector. Currently, he is Development Manager for RES at the Gamesa Energia branch in Greece and a member of the board of the National Wind Energy Association. He is active in the Green movement and has served for more than 10 years as the coordinator of the Greek Green Party’s permanent workgroup on Climate and Energy.