The Greek Current

Greece's plan to overhaul the EU's power grid ahead of green transition

Episode Summary

Greece is putting forward a plan to overhaul the EU’s electricity grids in order to lay the foundations for a massive rollout of renewable power. Nikos Tsafos, the chief energy adviser to Greece’s Prime Minister, joins Thanos Davelis to discuss this latest proposal from Athens and its significance as the EU looks to reach climate neutrality by the middle of the century.

Episode Notes

Greece is putting forward a plan to overhaul the EU’s electricity grids in order to lay the foundations for a massive rollout of renewable power. Athens is arguing that efforts to expand and strengthen Europe’s electricity grid need to be stepped up in order to handle the transition to solar and wind, especially with the EU looking to reach climate neutrality by the middle of the century. As part of this proposal, Greece, which is already at the heart of initiatives to connect Europe to Africa’s grid, is also pointing out the need for better connections in the Western Balkans. Nikos Tsafos, the chief energy adviser to Greece’s Prime Minister, joins Thanos Davelis to discuss this latest proposal from Athens and the importance of overhauling the EU’s power grid to meet the challenges ahead.

You can read the articles we discuss on our podcast here:

Greece Seeks to Overhaul EU’s Power Grid in Green Transition

Greece to have elections in May, PM says

Bracing for 101-day electoral marathon

UBS Will Look to Cut Credit Suisse’s $10 Billion Shipping Portfolio

WSJ: UBS likely to shrink Credit Suisse’s $10 bln shipping portfolio