Addendum OGEL 5 (2019) - Heading Towards a New Era of Natural Gas Market Regulation in Greece: Licensing Framework in a Transitional Period for the Natural Gas Market
Published 3 March 2020
A new paper has been added to our OGEL 5 (2019) Special Issue on "Natural Gas Pipeline Construction and Regulation"
Heading Towards a New Era of Natural Gas Market Regulation in Greece: Licensing Framework in a Transitional Period for the Natural Gas Market
by O. Omran
Introduction
(Addendum 03/03/2020) Natural gas is expected to play a pivotal role for the Greek market in the years to come and fill the void especially in light of the country’s plan to cut carbon dioxide emissions by phasing out the Public Power Corporation’s lignite fired units by 2028, as announced by the Greek Prime Minister at the UN Climate Summit in autumn 2019. The national energy and climate plan, which was submitted for public consultation in late November 2019, predicts that natural gas will play a significant role in the country’s energy mix by 2028. This article analyzes how the Greek legal framework regulating the ever changing natural gas market has been shaped over the past two decades in Greece as a result of the influence of the developments in the EU energy market legal framework. In particular, it focuses on the existing legislation, mechanisms and standards in light of recent changes, EU law developments, market trends and demands. An outline of the basic parameters of the Greek natural gas market is provided, as well as the existing legislative framework. In addition, the licensing procedures are examined in parallel with the current most notable projects and market developments that can affect the current regulatory framework.
You can download the paper here www.ogel.org/article.asp?key=3876
Footnotes omitted from this introduction.