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The Prospects of Renewables for Electricity Production in Greece: Diversification Between Island and Mainland Greece

In: Tourism, Travel, and Hospitality in a Smart and Sustainable World

Author

Listed:
  • Grigorios L. Kyriakopoulos

    (National Technical University of Athens)

  • Garyfallos Arabatzis

    (Democritus University of Thrace)

  • Miltiadis Chalikias

    (University of West Attica)

Abstract

Global research interest has recently focused on the utilization of renewable energy sources (RESs) in terms of large-scale technical infrastructure and their emerging technologies. In parallel RES-based electricity production at existing large-scale power stations, it is determined by the current availability of exploitable/remote energy sources. In a technological point of view, the discrete utilization of biomass, hydroelectric, wind and solar energy is prevailing globally. In Greece, meeting national energy needs, it has been remarkably bounded on high level of conventional fuels’ exploitation, including abundant stocks of lignite, as well as imports of hydrocarbons and natural gas. In systematically approaching RES in Greece, an hierarchical cluster analysis was applied on data of the number and the rated power of RES plants installed at mainland, insular, and peripheries. Then, the K-means method was used as the distance criterion. The results of the descriptive statistical analysis of the variables supported grouping of peripheral units into clusters. At the same time, the typology results of all grouped areas were visually mapped. Subsequently, the cluster analysis was performed on different pairs of variables in order to find the differences among similar groups produced. The statistical analysis was performed using data for the years 2015 and 2019. The number of formed clusters groups was from 3 to 6, while—according to the ANOVA analysis—the optimal possible and good data separation in the aforementioned groups was achieved on the RES: wind (in all 5 cases hierarchical groups), being followed by the small hydroelectric in 2 cases: (one for 2015 and one for 2019) and the photovoltaic in 2 cases: (one for 2015 and one for 2019). The research unveiled constructive outcomes and multifaceted challenges that emerge in energy utilization, while considering the ongoing diffusion of RES in the energy mix of Greece.

Suggested Citation

  • Grigorios L. Kyriakopoulos & Garyfallos Arabatzis & Miltiadis Chalikias, 2023. "The Prospects of Renewables for Electricity Production in Greece: Diversification Between Island and Mainland Greece," Springer Proceedings in Business and Economics, in: Vicky Katsoni (ed.), Tourism, Travel, and Hospitality in a Smart and Sustainable World, pages 73-92, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-26829-8_5
    DOI: 10.1007/978-3-031-26829-8_5
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    More about this item

    Keywords

    Renewable energy sources; Hierarchical cluster analysis; K-means analysis; Electricity consumption; Greece; Energy consumption;
    All these keywords.

    JEL classification:

    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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