Europe

Greek public power company prepares in case Russia’s gas flow stops

The public utility has developed a plan to secure electricity supply under the “extreme” scenario of Russia stopping the flow of gas to Europe, its top manager said Wednesday.

PPC, which is 34% owned by the country, produces 50% of electricity in Greece, and gas accounted for about 40% of last year’s production mix.

“We are talking about an extreme scenario,” PPC CEO Georgios Stasis told shareholders, citing the possibility of Russia stopping gas supplies to Europe.

“PPC has used alternative fuels for some plants to properly prepare for that scenario, so the stockyards of coal-fired power plants are also full of coal.”

He also said that PPC is also paying close attention to the amount of water used in hydropower plants to ensure sufficient reserve capacity.

Four gas-fired power plants are ready to switch to diesel in case Russia’s gas supply is cut off due to a surge in liquefied gas purchases from various countries after gas prices soared due to the war in Ukraine. Said that. [Reuters]

https://www.keeptalkinggreece.com/2022/06/30/greece-ppc-gas-russia/ Greek public power company prepares in case Russia’s gas flow stops

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