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Technical FAQs 4

How much money will Greece spend on energy?

The government has dedicated around 44 billion Euro to transform Greece’s energy sector and increase capacity from 9GW to 28 GW, in addition to tripling the volume for LNG storage.

Will DESFA expand Greece's natural gas export capacity?

DESFA has plans to expand Greece’s natural gas export capacity from around 4 BCM today to 9 BCM by the end of 2025. As these projects develop further, there could be increased opportunity for U.S. suppliers of small-scale LNG infrastructure given the similarities the landscape has with other projects executed by U.S. firms in the Caribbean.

Which energy companies are investing in hydrogen in Greece?

Major energy producers are already investing in hydrogen in Greece such as Mytilineos, Public Power Corporation (PPC), Motor Oil, HelleniQ Energy, and Advent. There are several floating storage regasification units (FSRU) projects at various stages of development throughout the country.

What will happen to Greece's power supply in the next decade?

Breakthroughs are expected to occur in the current decade in the field of power supply in Greece, as the RES share in power generation is expected to increase significantly and gradually replace the use of fossil fuels.

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Athens energy storage product export

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