In the wake of recent energy-related (and geopolitical) visits to Greece, Dr Pantelis Ikonomou analyzes the extent to which Greece is—or can become—an energy hub for Europe. He highlights the distinction between Memoranda of Understanding (MoUs) and Letters of Intent (LoIs), which have recently been signed, and actual binding Agreements, particularly in relation to the crucial issue of who will finance the necessary infrastructure.
He discusses the two ongoing wars—in Ukraine and the Middle East—and the United States’ geopolitical objective of bringing about Europe’s full energy disengagement from Russia and its shift toward American liquefied natural gas (LNG).
He also describes the risks posed in Greece by a highly centralized decision-making model (“the rule of one man”) when it comes to major changes in national energy policy, and underscores the unjustifiable lack of a consensual, cross-party national energy strategy.
Finally, he refers to the history of, and future prospects for, installing nuclear reactors in Greece for the generation of electricity.
Click to listen to the interview, in Greek.
Experts
