Jeffrey Pyatt: Greece and PPC example for the energy transition – Economic Postman

The role of PPC in the energy transition of the region was praised by the US Undersecretary for Energy, former ambassador to Greece, Jeffrey Pyatt. Speaking at the annual conference of the Center for Strategic and International Studies (CSIS), in Washington, on Tuesday, April 23, Mr. Payat congratulated the Greek government and Prime Minister Kyriakos Mitsotakis for the country’s energy transformation and the development of renewable sources.

“Greece is able to achieve an 80% penetration of RES in electricity production. “Greece is an example for the energy transition which was recognized by the EU. This is an excellent achievement, part of which is due to PPC, which is also an example for businesses in Europe”, he emphasized.

Mr Pyatt also said the US would keep up pressure on Russia with sanctions while he said LNG export capacity would increase by 120 billion cubic meters a year with new infrastructure construction underway.

Speaking as a keynote speaker at the same conference, the President and CEO of PPC Group, Mr. Giorgos Stassis, emphasized the prospects created by the energy transition in Southeast Europe, the role of PPC and the importance of security of supply.

Mr. Stassis set the goal for the future of the energy market, to “ensure we have a planet we can all live on without compromising access to affordable energy.” In this goal, RES have an important role, since, in addition to the clean energy they offer, they also increase energy security.