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ENERGYNatural GasThe ‘youngest’ fuel in the country appearsto be growing out of its earlystages with the familiar problems andglitches recorded in other sectors inthe country.Natural gas market prospects arehuge, provided that conditions are createdthat allow for expansion to includeconsumption across the spectrum (domesticand commercial use), and notonly to service large clients. Currently,three Gas Corporations (EPA) operatein the country: one in Attica, one inThessaloniki, and one in Thessaly. TheCinergy-Shell syndicate manages andowns 49% of shares in the first, whileItalgas is a strategic investor in the remainingtwo. In northern and centralGreece, works are progressing at a rapidpace in comparison with Attica, whereserious delays in network developmentoccurred in the capital city. At the sametime, dealers who had set out to bringnew customers to EPA Attiki seem tohave fallen short of their targets. Afterroughly a year and a half, the contractsthese companies managed to securewere a few hundred, when the targetwas approximately 20,000 per annum.The leadership at the Ministry of Developmentannounced that it is workingon the institutional framework to promotea free market in natural gas.22 AEGEAN NEWS SUMMER 2004
Renewable ResourcesIn a country amply endowed with mostnatural assets required for the developmentof Renewable Energy Sources(RES), experts agree it would be counterproductivenot to capitalize on them.Of course, the problems that exist inthis instance are due to faults in the institutionalframework and technical issuessuch as transportation networksand licensing.RES technology in Greece developedusing wind energy on a level thatwould produce large amounts of electricity.It was preceded by popular ‘individualsystems’ such as solar poweredboilers tailored for domestic use thatwere not used to generate electricity.In the Greek market, the companieswith the most RES plants and experienceare Terna Energeiaki and Rokas.DEH also participates in the market,but with a smaller share. The totalpower generated by private wind farmsat the end of 2001 amounted toroughly 257.5Mw, while provisional2003 statistics show that it has surpassed300Mw and is expected toreach up to 400Mw by the end of theyear. DEH generates only 35.6Mwfrom wind farms located primarily onsmall islands, but is apprehensiveabout their operation, since breakdownsoccur often.The litmus test for allsuppliers during the OlympicGames in August is toprovide the market with allfuel types for every use,regularly and smoothly, bothto those visiting Athens forthe Games and to theresidents of the capital.∆he Great TestSupplying the Energy Marketduring the Olympic GamesThe Greek fuel market must rise to an enormous challenge in August, when the countryhosts the largest international event in its history. The test is to supply the market withall fuel types for every use, regularly and smoothly, both to those visiting Athens for theGames and to the residents of the capital.In the middle of May, under an initiative taken by the Athens 2004 Organizing Committee(ATHOC) and after a dialogue that lasted for roughly one year, all parties agreed to themethods that will be used to supply the market. Retail companies, service station owners,transport companies, and ATHOC agreed that Olympic regions will be supplied with fuelduring the night. The Olympic Period will begin from 2 August and will last until 4September. In addition, refuelling in the center of Athens with large tankers will takeplace only in the early hours of the morning, and the same will apply on the OlympicRoad Network.Service stations found on routes where events—cycling, marathon—will be held, willsuspend operations one day before scheduled events take place and for the duration ofthe events. In addition, service stations will not operate on roads that will be usedexclusively for Olympic transportation for the entire duration of the Games.At the same time, ATHOC will request all civil services and organizations to purchaserequired fuel before the opening of the Olympic Period, that is, before 2 August, andcustoms will operate on a 24-hour basis, primarily to cater for possible increases incrude oil imports according to demand.Company, service station, and transportation representatives expressed their satisfactionwith the ATHOC agreement, noting that fuel supply in the capital during the Games is adifficult task that requires the collaboration of all parties. They promised that fuel supplyand transportation would be regular and problem free, servicing all consumer needs.According to Thanassis Kadartzis, chief coordinator between state and local governmentfor ATHOC, an agreement was reached whereby a sufficient number of service stationswould operate through the night securing a steady 24-hour supply of fuel to the market.FFFSUMMER 2004 AEGEAN NEWS 23
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