Despite poor renewables record, Greece now has big solar energy plan
Red tape and addiction to cheap, polluting coal has turned Greece into a renewables laggard, even though it is one of the sunniest and most windy countries in Europe.
PPC plans renewables renaissance, giant solar park | Reuters, By Harry Papachristou ATHENS | Fri Oct 22, 2010 Greek utility PPC plans a sevenfold increase in its clean energy production over the next five years and is thinking of building one of the world’s largest solar parks, the head of its renewables unit said on Friday.
Cash-strapped Greece uses state-controlled PPC as a spearhead to meet its ambitious climate change target of green energy accounting for 40 percent of total electricity production by 2020, up from 4 percent currently.
PPC Renewables plans to invest about 2 billion euros ($2.78 billion) to increase its capacity from about 160 megawatts at the end of this year to 1,200 megawatts in 2015, Chief Executive Officer Ioannis Tsipouridis said in an interview…..
Failure to boost renewables would cost PPC 1.3 billion euros in extra carbon costs a year after 2013, when the free allocation of carbon emission rights ends. PPC Renewables plans to run 713 MW of wind farms and 245 MW of solar parks by 2015, according to company plans.
The company is seeking partners to help fund more than 600 MW of these projects, including a large 200 MW solar park in northwest Greece……
Red tape and addiction to cheap, polluting coal has turned Greece into a renewables laggard, even though it is one of the sunniest and most windy countries in Europe.
PPC plans renewables renaissance, giant solar park | Reuters
No comments yet.
-
Archives
- May 2022 (158)
- April 2022 (378)
- March 2022 (405)
- February 2022 (333)
- January 2022 (422)
- December 2021 (299)
- November 2021 (400)
- October 2021 (346)
- September 2021 (291)
- August 2021 (291)
- July 2021 (257)
- June 2021 (210)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Fuk 2022
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
Leave a Reply