The early bird registration deadline has been extended until the 18th of July offering the opportunity to benefit from the discounted rates.
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⚡ Energy Insights
The GREGY Interconnector
The Project foresees the Electrical Interconnection of the Egyptian and Greek Power Systems through two pairs of submarine cables and High Voltage Direct Current Link (HVDC, 500kV) with a capacity of 3,000 MW and the capability of bidirectional power transmission. The project aims to transfer 100% clean energy produced from RES in Egypt, capturing the high-capacity factors in the area. The green energy that will come from Egypt will be used partially for consumption by the Greek industry, partially for the production of green H2 in the country and for export to European countries.
The Project will contribute to the green transition while reducing the dependency of Europe on energy produced from fossil fuels and on Russian gas. The Project can replace up to 26 TWh of electricity from natural gas units, which corresponds to 37 TWh of natural gas consumption for electricity generation, i.e. ~ 4.5 bcm.
Global EV Outlook 2022 – Analysis - IEA
Combining historical analysis with projections to 2030, the report examines key areas of interest such as electric vehicle and charging infrastructure deployment, energy use, CO2 emissions, battery demand and related policy developments and recommendations.
Gas Market Report, Q2-2022 – Analysis - IEA
The report features a detailed review of 2021’s gas supply and demand fundamentals, an analysis of recent developments in global gas markets during the northern hemisphere’s heating season, and an updated near-term outlook for 2022.
WindEurope - Financing and investment trends
Published in Spring 2022, the report summarises financing activity across the European wind energy sector within 2021. An overview of the findings shows that in 2021 €41bn was invested for the construction of new wind farms in Europe, financing a record 24.6 GW of new capacity. In addition, there was €15.6bn of project acquisition activity with a record 17.3 GW of projects changing hands.
Hydrogen Forecast to 2050 - DNV
DNV’s first dedicated hydrogen forecast to 2050 provides new and expanded hydrogen findings from its Energy Transition Outlook model – exploring the outlook globally, regionally, and by sector.
European Map of RES Data - RAE
The Regulatory Authority of Energy (RAE) in Greece has developed an online tool offering to consumers and energy market participants the ability to observe RES energy production data for each European country through four dedicated maps, updated daily:
Map 1. RES penetration as a percentage of the total country demand/load.
Map 2. Total RES generation per country on the day.
Map 3. Total PV energy generated per country on the day.
Map 4. Total Wind energy generated per country on the day.
EU Countries Uphold Cars Emissions Phaseout in End to Combustion Engine - Bloomberg
EU has taken a historic step towards phasing out combustion engines by 2035, as the member states have reached an agreement to that end. The ministers also agreed to endorse the key parameters of a sweeping carbon market reform as proposed by the commission, including a 61% reduction of emissions in the cap-and-trade program by 2030 from 2005 levels.
📰 Energy Market News
The EU's spat with Russia in natural gas took a new turn in June, since Gazprom's exports to Europe were drastically reduced.
Read all the major energy market news from the past two months.
📘 In Review
Each month we shine a light on a new topic of the energy sector by analysing the data and exploring possible implications. This small monthly publication is all about data visualisation of today's most intriguing trends.
For May, the Chart depicted the increased energy prices and the energy poverty in EU 27.
In the June edition, the Chart focused on E-mobility trends in EU-27 and Greece.
HAEE launched a new online publication "In Focus", dedicated to contribute to knowledge advancement of energy economics. The first issue "The European Energy Security in the spotlight" adumbrates the reasons that led to the EU’s dependency on Russian natural gas, delves into the implications of the Russia-Ukraine war in Europe, examines the possible challenges and limitations that the REPowerEU plan may entail and highlights the possible opportunities for Greece to overcome the energy crisis and be transformed into a regional energy hub.
The Hellenic Association for Energy Economics organized with great success the conference entitled "The role of RES and Natural Gas in the New Energy Model of Greece with REPowerEU", on Thursday, 7 July 2022, at the Athens Chamber of Commerce and Industry (ACCI).
With the announcement of REPowerEU by the European Commission, the new plan to rapidly phase out Russian gas and accelerate the green transition is officially launched. It represents a huge opportunity with benefits for the economy, energy security and energy prices, but at the same time, it creates new facts and challenges both in Europe and in Greece. Political leaders, energy sector executives and local government representatives participated in the event, discussing in depth all the aspects of the new plan.
The conference was held under the auspices of ACCI. The Society for Environment and Cultural Heritage was a Strategic Partner.
The language of the conference was Greek. If you missed it, you can watch it here.
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