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Insight into the Greek electric sector and energy planning with mature technologies and fuel diversification

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  • Rampidis, I.M.
  • Giannakopoulos, D.
  • Bergeles, G.C.

Abstract

The numerous available options for the development of the Greek electric sector in combination with the various techno-economic and political constraints make energy planning rather complex. Furthermore, as full auctioning of CO2 allowances shall be the rule from 2013 onwards for the electric sector following free allocation, even more uncertainties emerge. This work aims at investigating the main characteristics of the Greek electric system taking into consideration the various allowance allocation schemes, evaluates fundamental energy scenarios and ultimately performs energy planning. The reliability of the algorithm utilised is assessed by predicting successfully key figure energy results for years 2004-2008. Main parameter under investigation in the study is the cost of CO2 emissions allowances, while expansion scenarios are evaluated according to a newly developed set of indices standing for feasibility, environmental performance, cost effectiveness and energy safety. Many expansion scenarios examined were proved unrealistic as led to extremely high utilization of imported fuels for electricity production, while others proved inefficient on environmental or economic basis. Finally, it was proved that if a "conservative" energy planning is adopted, emissions reduction in 2020 can reach 6.3% over 2005.

Suggested Citation

  • Rampidis, I.M. & Giannakopoulos, D. & Bergeles, G.C., 2010. "Insight into the Greek electric sector and energy planning with mature technologies and fuel diversification," Energy Policy, Elsevier, vol. 38(8), pages 4076-4088, August.
    • Handle: RePEc:eee:enepol:v:38:y:2010:i:8:p:4076-4088
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    References listed on IDEAS

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    1. Agoris, D. & Tigas, K. & Giannakidis, G. & Siakkis, F. & Vassos, S. & Vassilakos, N. & Kilias, V. & Damassiotis, M., 2004. "An analysis of the Greek energy system in view of the Kyoto commitments," Energy Policy, Elsevier, vol. 32(18), pages 2019-2033, December.
    2. Dagoumas, A.S. & Panapakidis, I.P. & Papagiannis, G.K. & Dokopoulos, P.S., 2008. "Post-Kyoto energy consumption strategies for the Greek interconnected electric system," Energy Policy, Elsevier, vol. 36(6), pages 1980-1999, June.
    3. Capros, Pantelis & Mantzos, Leonidas & Parousos, Leonidas & Tasios, Nikolaos & Klaassen, Ger & Van Ierland, Tom, 2011. "Analysis of the EU policy package on climate change and renewables," Energy Policy, Elsevier, vol. 39(3), pages 1476-1485, March.
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    Cited by:

    1. Koltsaklis, Nikolaos E. & Liu, Pei & Georgiadis, Michael C., 2015. "An integrated stochastic multi-regional long-term energy planning model incorporating autonomous power systems and demand response," Energy, Elsevier, vol. 82(C), pages 865-888.
    2. Roinioti, Argiro & Koroneos, Christopher & Wangensteen, Ivar, 2012. "Modeling the Greek energy system: Scenarios of clean energy use and their implications," Energy Policy, Elsevier, vol. 50(C), pages 711-722.
    3. Halkos, George & Tzeremes, Panagiotis, 2015. "Scenario analysis on greenhouse gas emissions reduction in Southeast Balkans' energy system," MPRA Paper 65280, University Library of Munich, Germany.
    4. Voumvoulakis, Emmanouil & Asimakopoulou, Georgia & Danchev, Svetoslav & Maniatis, George & Tsakanikas, Aggelos, 2012. "Large scale integration of intermittent renewable energy sources in the Greek power sector," Energy Policy, Elsevier, vol. 50(C), pages 161-173.

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    Keywords

    Greek electric sector Energy planning CO2 allowances;

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