Inside Track
Greece Firing Up Coal Plants to Avoid Winter Blackouts
The nation of Greece, which began shutting down coal-fired power plants in 2019 and has boasted that the last of its coal-fired plants will be shut down by 2025, has ordered many of those plants to be restarted in order to avert possible blackouts in the coming months.
A recent study from the Regulatory Authority for Energy of Greece noted that the energy supply for the winter months in the country was at risk due to a shortage of natural gas. Since the nation has no strategic supply of natural gas, many of the coal-fired energy plants — some of which have already been shut down and at least partially dismantled — have been ordered to go back online.
Energy prices, already high in Greece, might have to go even higher since the price to import natural gas — which now powers some 42 percent of electricity generation in the nation — is far too high to be feasible.
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