It was an honor to be part of the Camera di Commercio Italo-Ellenica di Atene succesfull formal dinner at the Athenian Club, where we had the opportunity to engage in valuable and insightful discussions with key figures, including the Vice President of the Hellenic Government, Mr. Kostis Hatzidakis and the Italian Ambassador to Greece, Mr. Cuculi, on strategic measures to strengthen Greece & Europe’s economy amidst global challenges.
We are excited about the shared vision for innovation and inclusivity, and look forward to potential collaborations on disruptive technologies that can make a positive impact on the future of legal tech and sustainability.
A big thank you to the Chamber for their trust and continuous support.
PRESS RELEASE Strong Greek-Italian Economic Relations Mean a Strong Greek Economy Speech by the Deputy Prime Minister at the Hellenic-Italian Chamber of Commerce of Athens 09.04.2025
With great honor, the Hellenic-Italian Chamber of Commerce of Athens welcomed the Deputy Prime Minister, Mr. Kostis Hatzidakis, as the official guest and keynote speaker at the formal dinner held on Thursday, April 3, 2025, at the Athenian Club.
During his speech titled “7 Interventions to Protect the Greek Economy from International Instability,”Mr. Hatzidakis outlined the key pillars of the government’s strategy to enhance economic stability and effectively shield the country against external challenges. He made special reference to recent developments in international trade, noting that although Greece’s export share to the U.S. is relatively low, the country must act with foresight and strategic focus to strengthen competitiveness, autonomy, and economic resilience.
The Deputy Prime Minister was welcomed on behalf of the Board of Directors by the President of the Chamber, Cav. Ioannis Tsamichas, who praised the long-standing and consistent support of the State for the Chamber’s initiatives and its role in reinforcing Greek-Italian business ties.
The Ambassador of the Italian Republic to Greece, Mr. Paolo Cucculi, in his brief address, referred to the solid foundation of friendship and cooperation that characterizes bilateral relations, highlighting the role of the business community as a driving force for further deepening the bonds between Greece and Italy.
President Cav. Ioannis Tsamichas emphasized that the Greek-Italian business community is a robust pillar of economic cooperation, innovation, and developmental prospects. He notably stated:
“Italy is not only Greece’s most important trading partner but also a strategic ally in matters of innovation, investment, and transnational economic collaboration. Our Chamber consistently serves as a bridge between businesses, institutions, and cultures. We are steadfast in our mission to strengthen the connection between the business ecosystems of Greece and Italy and to create opportunities in an ever-evolving global environment.”
The event was honored by the full presence of the Board of Directors of the Hellenic-Italian Chamber of Commerce of Athens, as well as numerous representatives of its member companies, who followed the Deputy Prime Minister’s address with great interest.
Sponsors of the event included the following member companies (in alphabetical order): AMPLUS, AUTOONE, BOTSAS GROUP, FIGAME, GENERALI, GUIDOTTI HELLAS, MAPEI, MENARINI HELLAS, RENCO
About the Hellenic-Italian Chamber of Commerce of Athens Founded in 1952, the Hellenic-Italian Chamber of Commerce of Athens has as its core mission the promotion and deepening of economic and commercial cooperation between Greece and Italy. Its vital contribution has been officially recognized by the Italian State under Law 518/1970.
Today, the Chamber counts over 1,000 active members and serves as the most reliable institutional partner for Italian businesses operating in the Greek market, as well as for Greek enterprises aiming to expand into the Italian territory.
As a member of the Association of Italian Chambers of Commerce Abroad (Assocamerestero), the Chamber maintains a presence in more than 50 countries worldwide, acting as a pillar of extroversion and networking for the business community.
With energy prices soaring, the issue of energy poverty is becoming central to modern societies. However, given the developments in the business fronts with the expansion of many groups internationally, the question is how to ensure the goal of real energy democracy. Against this backdrop, it is obvious that energy communities can offer an effective solution to alleviate energy poverty, in the context of sustainable development, incorporating a collaborative model that allows, at the sub-national level, local communities to produce, consume and manage their own energy, according to their preferences. These communities, in which local government, small and medium-sized enterprises, individual citizens, and even vulnerable households can participate, promote energy independence and empower local communities to make decisions about the energy they use. These mechanisms of decentralization and democratization of energy allow local communities to gain access to green energy at an affordable price, combating energy insecurity. In particular, for vulnerable and low-income households, energy communities can offer access to renewable energy sources, such as photovoltaic systems. This access not only reduces energy costs but also offers an economically viable future, reducing dependence on price fluctuations in the global energy market. Examples from abroad, such as the Watt Solidaire program in France, show how surplus energy from photovoltaic systems can be distributed to families in need, helping communities to create a network of solidarity, enhancing their resilience.
Greece is estimated to have the second-largest share of photovoltaics in the EU. (2019-2024), with a capacity of 8.93 GW, exceeding the National Energy and Climate Plan (NECP) target for 2025, while this development led to savings of €3.1 billion from reduced gas imports. At the same time, the path for energy communities was broadened by Law 5037/2023, which incorporated two European directives, introducing renewable energy communities and citizen energy communities. The new regulations limit the traditional net metering in self-generation projects and introduce net billing, where the offset is based on the value of the energy produced and consumed, ensuring a fairer distribution of energy resources. It should be noted that Electra Energy, based in Athens since 2016, aims to facilitate the understanding of the above regulations and promote the transition to a democratic, sustainable, and participatory energy community system. As of 2024, 1,742 active energy communities had been created. 1,685 of these are under Law 4513/2018, while 40 Renewable Energy Communities (REC) and 17 Citizen Energy Communities (CEC) were established based on the new institutional framework (Law 5037/2023). Indicatively, the energy community “Yperion,” with 128 members, constructed a 500 kW photovoltaic plant in Stymfalia. Nevertheless, energy communities in Greece face serious problems due to the resistance of some energy providers to issue clearing bills, with the result that their members cannot benefit from virtual energy netting. Providers cite gaps in the regulatory framework, mainly in the area of networks and energy netting management.
With energy prices soaring, the issue of energy poverty is becoming central to modern societies. However, given the developments in the business fronts with the expansion of many groups internationally, the question is how to ensure the goal of real energy democracy. Against this backdrop, it is obvious that energy communities can offer an effective solution to alleviate energy poverty, in the context of sustainable development, incorporating a collaborative model that allows, at the sub-national level, local communities to produce, consume and manage their own energy, according to their preferences. These communities, in which local government, small and medium-sized enterprises, individual citizens, and even vulnerable households can participate, promote energy independence and empower local communities to make decisions about the energy they use. These mechanisms of decentralization and democratization of energy allow local communities to gain access to green energy at an affordable price, combating energy insecurity. In particular, for vulnerable and low-income households, energy communities can offer access to renewable energy sources, such as photovoltaic systems. This access not only reduces energy costs but also offers an economically viable future, reducing dependence on price fluctuations in the global energy market. Examples from abroad, such as the Watt Solidaire program in France, show how surplus energy from photovoltaic systems can be distributed to families in need, helping communities to create a network of solidarity, enhancing their resilience.
Greece is estimated to have the second-largest share of photovoltaics in the EU. (2019-2024), with a capacity of 8.93 GW, exceeding the National Energy and Climate Plan (NECP) target for 2025, while this development led to savings of €3.1 billion from reduced gas imports. At the same time, the path for energy communities was broadened by Law 5037/2023, which incorporated two European directives, introducing renewable energy communities and citizen energy communities. The new regulations limit the traditional net metering in self-generation projects and introduce net billing, where the offset is based on the value of the energy produced and consumed, ensuring a fairer distribution of energy resources. It should be noted that Electra Energy, based in Athens since 2016, aims to facilitate the understanding of the above regulations and promote the transition to a democratic, sustainable, and participatory energy community system. As of 2024, 1,742 active energy communities had been created. 1,685 of these are under Law 4513/2018, while 40 Renewable Energy Communities (REC) and 17 Citizen Energy Communities (CEC) were established based on the new institutional framework (Law 5037/2023). Indicatively, the energy community “Yperion,” with 128 members, constructed a 500 kW photovoltaic plant in Stymfalia. Nevertheless, energy communities in Greece face serious problems due to the resistance of some energy providers to issue clearing bills, with the result that their members cannot benefit from virtual energy netting. Providers cite gaps in the regulatory framework, mainly in the area of networks and energy netting management.
The solution
Energy communities can offer an effective solution to alleviate energy poverty, in the context of sustainable development, incorporating a collaborative model that allows, at the sub-national level, local communities to produce, consume and manage their own energy.
Solving the problem requires immediate action by the Regulatory Authority for Energy (RAE) and the Ministry of Environment and Energy. Clear regulations are proposed that will oblige providers to implement virtual energy netting, while supervision and transparency in the sector will be enhanced. In this way, energy communities will be able to fully utilize their investments in green energy.
Solution for green roofs for smart cities
Bio-photovoltaic systems, or Biosolar systems, are an innovative approach in the field of green infrastructure that combines the integration of green roofs and photovoltaic systems. This practice has already been successfully implemented in countries such as Switzerland, Germany, and Austria, where photovoltaics are placed on green roofs, which in turn create a microclimate that improves the performance of the panels. The green element of the roof cools the environment, maintaining the temperature around 25∘C, the ideal temperature for maximum solar panel efficiency. In Greece, energy communities could follow this example, utilizing bio-photovoltaic systems to create a form of “smart” green infrastructure in urban centers, for the benefit of less privileged areas. The application of green roofs with solar panels on buildings and residences could offer energy autonomy, while simultaneously enhancing urban sustainability, creating green spaces that support biodiversity and absorb carbon dioxide. In this way, households not only reduce their energy costs but also contribute to the reduction of environmental burden.
Greek representation
In this context, the proposal of Spyros-Nikitas Tsamichas, a lawyer specializing in smart cities and co-founder of Energon Green Solutions, who was selected as a delegate to the European Youth Energy Forum 2024 in Budapest, is interesting. With his team, he presented the proposal “Framework for University-Powered Energy Communities” (UPEC), which aims to address energy poverty in Europe through the cooperation of universities and local communities, providing sustainable energy solutions, mainly to vulnerable households. The framework was successfully presented at the UN Climate Change Conference (COP29) in Azerbaijan. “The creation of energy communities in combination with university resources is a necessary step for the energy independence and sustainable development of our cities. The integration of technologically advanced and inclusive practices offers an economically viable, environmentally beneficial, and socially just solution, paving the way for a future where energy will be accessible to all,” explains Spyros-Nikitas Tsamichas. Through the UPEC initiative, students from various European universities have the opportunity to actively participate in the effort to address energy poverty, receiving practical training in real energy projects, applying in practice the knowledge they acquired during their studies. The participation of students in the development of energy communities and green systems, such as bio-photovoltaics, not only contributes to the improvement of living conditions for vulnerable groups but also shapes a new generation of professionals, sensitive to energy and environmental issues.
In an interview with energymag.gr, Spyros Nikitas Tsamichas, co-founder of Energon Green Solutions, notes that “in vulnerable and low-income households, energy communities can offer access to renewable energy sources, such as photovoltaic systems.
With energy poverty affecting over 41 million Europeans, the need for a systemic solution to reduce energy costs is more urgent than ever. This is what Spyros Nikitas Tsamichas, Legal Counsel, Co-Founder of Energon Green Solutions, says in an interview with energymag.gr, commenting on the latest developments in the energy sector.
As he notes, ‘energy communities all show that they offer an effective solution for alleviating energy poverty in the context of sustainable development, incorporating a cooperative model that allows, zat sub-national level, local communities to produce, consume and manage their own energy according to their preferences.’
In particular, as Mr. Tsamihas notes, “in vulnerable and low-income households, energy communities can provide access to renewable energy sources such as photovoltaic systems. This access not only reduces energy costs, but also offers an economically sustainable future by reducing dependence on price fluctuations in the global energy market. Examples from abroad, such as the ‘WattSolidaire’ project in France, show how surplus energy from PV systems can be distributed to families in need, helping communities build a network of solidarity, strengthening their resilience.”
Indeed, Spyros Nikitas Tsamichas says that Greece is estimated to have the second largest share of photovoltaics in the EU (2019-2024), with a capacity of 8.93 GW, surpassing the ESDP target for 2025, while this growth has led to savings of €3.1 billion from reduced gas imports. “At the same time, the path for energy communities was widened by Law 5037/2023, which incorporated two European directives, introducing renewable energy communities and citizen energy communities. The new regulations limit traditional net metering to self-production projects and introduce net billing, where offsetting is based on the value of the energy produced and consumed, ensuring a more equitable distribution of energy resources.Note that Electra Energy, based in Athens since 2016, aims to facilitate the understanding of these regulations and promote the transition to a democratic, sustainable and participatory energy community system. By 2024, 1,742 active Energy Communities had been established, 1,685 of which are under the Law on Energy Communities. 4513/2018, while 40 Renewable Energy Communities (RECs) and 17 Citizens’ Energy Communities (ECCs) were established under the new institutional framework (Law 5037/2023), indicatively the energy community ‘Hyperion’, with 128 members, has built a 500 kW photovoltaic station in Stymphalia, while
Nevertheless, Energy Communities in Greece are facing serious problems due to the resistance of certain energy providers to issue settlement bills, so that their members cannot benefit from the virtual energy offsetting”, the Legal Advisor stresses, Co-Founder of Energon Green Solutions
In Greece, he notes, energy communities could follow this example, utilizing bio-photovoltaic systems to create a form of ‘smart’ green infrastructure in urban centers, for the benefit of less favored areas.
Greek representation at the European Youth EnergyForum ’24
In this context, interesting is the proposal submitted by Spyros Nikitas Tsamichas, who has specialised in Smart Cities and co-founder and was selected as a delegate of the European Youth Forum for Energy 2024 in Budapest. With his team they presented the proposal ‘Framework for University-Powered Energy Communities’ (UPEC), which seeks to tackle energy poverty in Europe through the cooperation between universities and local communities, providing sustainable energy solutions, especially for vulnerable households. The framework was successfully presented at the UN Climate Change Conference of the Parties (COP29) in Azerbaijan. “Building energy communities combined with university resources is a necessary step towards energy independence and sustainable development of our cities. Incorporating technologically modern and inclusive practices offers a solution that is economically sustainable, environmentally beneficial and socially just, paving the way for a future where energy is accessible to all.” explains Spyros-Nikitas Tsamichas.
Through the UPEC initiative, students from various European universities have the opportunity to actively participate in the effort to tackle energy poverty by receiving practical training in real energy projects, putting into practice the knowledge they have acquired during their studies.The involvement of students in the development of energy communities and green systems, such as bio-photovoltaics, not only contributes to improving the living conditions of vulnerable groups, but also shapes a new generation of sensitive professionals.
The legal team of Tsamichas Law Firm attended the 8th Annual Economic Conference of the Greek Association of Entrepreneurs (EENE), a key event addressing the critical economic and business challenges shaping Greece and Europe. This year’s conference focused on fostering innovation, sustainability, and entrepreneurship to drive economic reform and resilience.
The conference agenda included essential topics such as:
• Sustainable Economic Growth: Strategies for integrating green energy and sustainability into national and European economic policies.
• Digital Transformation and Innovation: The impact of emerging technologies on businesses and legal frameworks.
• Investment and Regulatory Frameworks: Opportunities for foreign direct investment and the legal structures needed to support economic growth.
• Labor Market Reforms: Insights into evolving labor laws and their implications for businesses and employees.
By participating in this event, the team engaged with policymakers, business leaders, and legal experts, gaining valuable insights into the intersection of economic strategy and legal compliance. This knowledge equips the firm to provide clients with forward-thinking solutions tailored to the evolving regulatory and business environment.
Attendance at the EENE Economic Conference reflects Tsamichas Law Firm’s commitment to staying at the forefront of legal and economic developments. It also demonstrates their dedication to supporting clients by delivering strategic advice that aligns with the latest trends and challenges in the global marketplace.
Attending the CEO Initiative Forum 2024: Leading Conversations on Sustainable Energy, Innovation, and Global Impact
We are honored to participate in the CEO Initiative Forum 2024, where industry leaders, innovators, and visionaries gather to address the critical challenges and opportunities shaping the global energy landscape. This year’s forum spotlights the transition toward sustainable energy solutions, fostering international collaboration, and empowering leadership to drive transformative impact.
Our involvement in this esteemed forum underscores our commitment to advancing energy solutions that are not only sustainable but also resilient and innovative. As we navigate the energy sector’s evolution, we see this forum as an invaluable platform to share insights, learn from pioneers in the field, and explore ways to make meaningful contributions to the future of energy.
Forum Highlights on Energy Innovation:
1. The Future of Sustainable Energy and Green Innovation
This session will explore the latest advancements in sustainable energy technologies, from renewables and storage solutions to smart grid innovations and green infrastructure. As the global community races to mitigate climate change, this discussion is critical in identifying and scaling technologies that can support a low-carbon, high-efficiency future. We are eager to engage in dialogues about practical solutions for renewable energy adoption and the role of innovative infrastructure in supporting a sustainable energy ecosystem.
2. Energy Transition and Collaborative Global Leadership
The path to a sustainable energy future requires global collaboration. This session focuses on how industries, governments, and communities can work together to accelerate energy transition efforts worldwide. Topics will include policy frameworks, cross-border partnerships, and community-driven energy initiatives, all of which are crucial to achieving a unified vision for sustainable growth. For our team, it’s an opportunity to exchange ideas on integrating energy transition strategies that meet both local and international needs.
3. Technology-Driven Energy Transformation
The integration of advanced technologies is reshaping the energy sector, driving new levels of efficiency, reliability, and accessibility. This forum will explore the role of digital transformation, artificial intelligence, and data analytics in optimizing energy systems and enhancing their resilience. By harnessing these tools, businesses can streamline operations, improve sustainability metrics, and support data-driven decision-making. We are especially interested in exploring how these technologies can be applied to community energy initiatives and broader energy security goals.
Why the CEO Initiative Forum is Key to Our Mission:
The CEO Initiative Forum is a vital gathering for energy-focused thought leaders, offering an environment where ideas on sustainability and innovation converge. Our participation highlights our dedication to leading in the field of sustainable energy, particularly in developing collaborative energy communities and innovative infrastructure solutions. Engaging with fellow leaders allows us to broaden our perspective, share our own experiences, and form partnerships that align with our vision of a sustainable, connected energy future.
We are pleased to share that Spyros-Nikitas Tsamichas was honored to be selected as a delegate for the European Youth Energy Forum 2024 in Budapest.
As Spyros-Nikitas quotes:
“My team and I successfully presented our position paper and comprehensive proposal addressing one of the most pressing socio-economic issues in Europe—energy poverty—with the introduction of our initiative, the Framework for University-Powered Energy Communities (UPEC).
Energy poverty impacts over 41 million Europeans, severely affecting the health, well-being, and financial stability of countless households, particularly those in low-income brackets. Traditional solutions have struggled to reach those who need them most due to a lack of localized strategies, resources, and community involvement. UPEC aims to bridge these gaps by empowering communities through a collaborative model that leverages the expertise and enthusiasm of university students.”
The UPEC Framework Explained:
At its core, UPEC is an innovative approach that brings universities and communities together to tackle energy poverty through education, renewable energy integration, and community support. The UPEC framework operates on a multi-phase strategy that combines academic research, practical applications, and community-based action:
1.Community Engagement and Outreach: The foundation of UPEC lies in robust community engagement. Local authorities, universities, NGOs, and specialized energy experts form a network to identify areas most affected by energy poverty. This phase focuses on establishing trust, partnerships, and securing initial funding to launch the program effectively.
2.Student Involvement and Practical Training: UPEC harnesses the potential of university students from various disciplines—engineering, environmental science, law, economics, and social sciences. Students receive targeted training that equips them with the necessary skills to conduct energy audits, engage with residents, and develop energy-saving solutions tailored to community needs. This hands-on experience not only aids the communities but also provides students with invaluable real-world expertise that enhances their academic and professional development.
3.Energy Audits and Solution Development: Under the supervision of faculty members and industry professionals, students conduct detailed energy assessments to identify gaps and potential areas for improvement. Solutions can range from basic energy-saving measures, such as promoting energy-efficient lighting and appliances, to more advanced projects like installing solar panels or other renewable energy technologies. This phase also involves financial assessments and applications for funding to implement these solutions, drawing from EU grants, municipal support, or private investment.
4.Sustainable Community Management: Once solutions are implemented, UPEC shifts to ongoing community management to ensure sustainability. A dedicated community coordinator, supported by student volunteers, oversees the operation of energy systems, provides continued support, and holds training sessions to increase energy literacy. This ongoing management ensures the community remains resilient, adaptive, and committed to continuous improvement in energy practices.
Key Benefits and Impact of UPEC:
•Empowering Low-Income Households: UPEC aims to make energy solutions more accessible to low-income households that are often left behind by broader energy programs. By promoting local renewable energy initiatives and engaging directly with residents, the framework ensures that solutions are inclusive and equitable.
•Educational and Professional Growth: University students gain hands-on experience through their involvement in UPEC, applying theoretical knowledge in real-world scenarios. This engagement fosters a new generation of energy-conscious professionals who are skilled in implementing sustainable energy solutions.
•Community Resilience and Sustainability: The ongoing support provided by UPEC ensures that energy poverty is addressed not just as a temporary fix, but as a long-term solution. By building local expertise and promoting energy literacy, communities can manage and adapt their energy practices over time, fostering resilience and self-sufficiency.
Metrics for Success:
Our goals include achieving a 15-25% reduction in energy costs for participating households, securing partnerships with at least three local authorities within the first year, and maintaining a 70% community opt-in rate. Additionally, we aim for 100% student participation in allocated programs, with 90% successfully completing their training and academic requirements.
I am excited to see the UPEC proposal featured at the EYEN stand at COP29 Azerbaijan, where it will continue to contribute to international discussions and showcase how youth-led, university-supported initiatives can pave the way for sustainable and inclusive solutions to energy poverty.
We had the pleasure to attend the Δέσμη Ενεργειακών Κοινοτήτων – Coalition of Energy Communities Desmi 1st National Conference, where we had the opportunity to interact with energy communities and key stakeholders that are promoting a just and equitable energy transition.
Much appreciation to Chris Vrettos of Electra Energy Cooperative & REScoop.eu for the organisation and sharing valuable insights on demand response and renewable acceleration. I also extend my gratitude to the Δίκτυο ΔΑΦΝΗ / DAFNI Network for their engaging presentation on energy self-production, highlighting the potential for local generation and self-reliance.
The conference further reinforced the central themes that we are working on at Energon—the importance of combating energy poverty, improving accessibility to clean energy, and fostering community-driven energy models. The discussions highlighted how energy communities are key drivers in this transition, offering a scalable solution to ensure that clean, affordable energy reaches everyone.
At Energon, we are committed to harnessing these insights and pushing forward with our mission to create innovative, community-based energy solutions that democratize energy access and help tackle energy poverty. The experience at the conference has not only expanded my understanding of the challenges and opportunities in the energy sector but also inspired new ideas for how we can contribute to this vital transition.
We look forward to applying these learnings and building further connections within the energy community as we continue our journey toward a more equitable and sustainable energy future.
I am deeply grateful to George Alexakis for featuring my insights in his comprehensive article on Biomethane at the prestigious Energymag. It’s an honor to be part of this vital conversation about the future of green energy and the role of biomethane.
The article discusses how biomethane is key to the green transition and circular economy, complementing intermittent renewable sources like solar and wind power. As a sustainable alternative to natural gas, biomethane supports Europe’s ambitious climate targets and energy security.
Biomethane: A vehicle for green surpluses and a catalyst for cyclicality in the primary sector
In particular, as biogas and biomethane production is based on anaerobic digestion of organic materials, where in the absence of oxygen, bacteria break down organic matter, releasing gases consisting mainly of methane and carbon dioxide, it can be an opportunity for many areas of the region.
A key pillar of the green transition and of strengthening the process of adopting the principles of the circular economy in the primary sector is the development of alternative fuels, to which major players in the gas market are looking forward. These ‘players’ see a ‘green’ future in biomethane produced from organic waste, which is abundant in agricultural and livestock areas, when the transitional ‘fuel’ for carbonisation, which is natural gas, has been relegated to the background.
Against this background, given that the primary sector will have to reduce greenhouse gas emissions in line with Community targets, such processes represent opportunities for synergies and also ‘diving boards’ for modernisation. In particular, as biogas and biomethane production is based on anaerobic digestion of organic materials, where, in the absence of oxygen, bacteria break down organic matter, releasing gases consisting mainly of methane and carbon dioxide, it can be an opportunity for many areas of the region.
“Europe is at the forefront of the green revolution, leading the way in the production of biogas and biomethane, which will play a key role in the continent’s energy transition. In the battle against the urgent need for decarbonisation, biomethane offers a sustainable and flexible solution of the quality of natural gas, in line with Europe’s ambitious climate targets. This bio-based energy source encapsulates the essence of the circular economy, turning organic waste into energy for lighting buildings, powering vehicles and industries, while cementing the EU’s commitment to a sustainable, self-sufficient and secure energy future” says Spyros-Nikitas Tsamichas Co-Founder of Energon GreenSolutions, specialising in renewable energy project licensing and overall green transformation actions.
As it says, “by producing biomethane, Europe is reducing its dependence on external energy suppliers, ensuring a stable and reliable supply of green energy within its borders.
The storability and stable production rate of biomethane complements intermittent renewable energy sources such as solar and wind power, thus playing a crucial role in balancing the energy grid.”The ambitious target of the plan is for the EU to produce 35 billion cubic metres of biomethane per year by 2030, requiring an investment of €83 billion, depending on the size of the plant, location and type of sustainable feedstock.That said, it is interesting that during his presence in Athens a few days ago, Italgas CEO Paolo Gallo, for the inauguration of the new offices and the announcement of the new name of DEPA Infrastructure, which as we know was acquired by Italgas in September 2022, focused on renewable gas issues such as biomethane and, in the future, hydrogen. It should be noted that Italgas’ subsidiary Enaon Eda has taken control.
However, as it turned out, with an eye to the future, Italgas is looking at these new fuels with interest.
To this end, it is upgrading its network and installing smart meters to measure the biomethane or other renewable gases transported by it.
He said that the investments of the Greek company of the Italgas Group will reach well over 900 million euros by 2029, while he stressed that from 2025 onwards, the installation of Nimbus, the latest generation of “H2 ready” smart meters, developed internally by the Italgas Group, will also begin in Greece.
DESFA
Similar moves have been made by DESFA. The Operator in September 2022 signed a Tripartite Cooperation Agreement for the development of a Pilot Project of biomethane injection in the National Gas Transmission System with Polyeco and Ergoplanning.
As DESFA said in a statement at the time, the relevant Cooperation Agreement marked the opening of this market, based on a specific action plan and a defined timetable, which provided for a final investment decision by the end of 2023.
As stated in the Cooperation Agreement, biomethane may be used instead of natural gas for the Operator’s own consumption purposes in the operation of the compression stations in Nea Mesimvria in Thessaloniki and Abelia Farsala in Thessaly, which is currently carried out using natural gas. As both plants are located close to areas with high waste availability, this move is a feasible and economically viable solution, which also significantly improves the carbon footprint of the plants. DESFA’s synergy with the two companies covers the entire biomethane value chain, from a large waste portfolio for the uninterrupted supply of the plant, to its installation, operation and management and the final extraction of the green gas for consumption.
In fact, the CEO of DESFA, Maria Rita Galli was quick to comment that “biomethane, as a renewable and locally produced fuel with a zero carbon footprint, is a promising solution both for the transition to a green energy system at an affordable cost and for the significant reduction of energy dependency”, while the President & CEO of POLYECO, Mr. Ioannis Polychronopoulos, had said that “the current energy crisis requires the development of partnerships, strategies and solutions that will create high business prospects in the transformation of energy systems.
Polyeco’s collaboration with DESFA and Ergoplanning for the implementation of a pilot project for the production of energy from renewable energy sources, specifically biomethane, is based on energy recovery from the utilization of organic non-hazardous waste and is part of the action plan for the circular economy.
Finally, Mr Spyros Tziakas, representative of Ergoplanning, had noted with emphasis that “although in Europe such plants have been established, unfortunately in Greece we do not even have the required institutional framework. The initiative, which has been launched by DESFA and some other market players, gives the opportunity to create the conditions to pave the way for the implementation of such units in our country as well. We hope that there will be a positive outcome both for the feasibility of a first biomethane plant that will cover part of DESFA’s needs, and for the implementation of other plants, which will have the necessary investment interest and will help us to have green gas production in Greece as well. This development is very important, as it is linked both to the need for energy self-sufficiency and autonomy, which has been highlighted even more strongly by the events that have been taking place recently, and to the need for substantial assistance in the proper management of the waste that is available.”
The European Union (EU) is at the forefront of the green revolution, leading the way in the production of biogas and biomethane, which will play a key role in the continent’s energy transition. In the battle against the urgent need for decarbonization, biomethane offers a sustainable and flexible solution of the same quality as natural gas, in line with Europe’s ambivalent climate targets. This bio-based energy source encapsulates the essence of the circular economy, turning organic waste into energy, while strengthening the EU’s commitment to a sustainable, self-sufficient, and secure energy future.
Biogas and biomethane production are based on anaerobic digestion of organic materials, where, in the absence of oxygen, bacteria break down organic matter, releasing gases consisting mainly of methane and carbon dioxide. The biomethane is further refined to almost 100% methane, providing a renewable energy source for heating, electricity, and a cleaner alternative to transportation fuels. As the continent’s largest producer, Germany sets an example, holding two-thirds of Europe’s biogas capacity, with Denmark and the Netherlands following.
This shift to clean energy is not only about environmental management but also about energy security and geopolitical stability. By producing biomethane, Europe is reducing its dependence on external energy suppliers. The storability and stable production rate of biomethane complement intermittent renewable energy sources such as solar and wind energy, thus playing a crucial role in balancing the energy mix.
The EU’s commitment to a sustainable future is evident in the REPowerEU plan, which underlines the need to scale up biomethane production to meet renewable energy demand by 2030 and meet climate targets by 2050. The ambitious target of the plan is for the EU to produce 35 billion cubic meters of biomethane per year by 2030, which means that an investment of €83 billion is needed. The International Energy Agency states that methane emissions can be almost halved immediately through wider adoption of practices already required in many countries, such as replacing valves and pumps with more efficient versions.
Similarly, the Biomethane Industry Partnership (BIP), launched in September 2022, is a collaborative effort between the EU Commission, Member States, industry experts, and other stakeholders joining forces to meet and exceed the 2030 biomethane production target. This partnership also encourages the use of waste and residues for biomethane production, avoiding food and feedstocks that could cause land use changes.
With a clear vision, the EU is strengthening its legislative and financial framework to support this green transition. The revised Renewable Energy Direc6ve expands the role of biomethane across all sectors and the Commission’s recommendations aim to fast-track renewable energy projects, including ini6a6ves on biogas and biomethane. In addition, the Waste Framework Direc6ve (2008/98/EC) stipulates that by 2024 EU countries should separately collect organic waste, creating a golden opportunity to boost sustainable biomethane production and create new income streams in agriculture.
As the global community faces the escalating challenges of climate change, the debate in energy cycles is increasingly turning towards sustainability and the integration of innovative technologies. Greece, with its strategic geographic location and rich natural resources, is uniquely positioned to capitalise on this shift, pushing it towards a greener and more sustainable future.
The emphasis is on the diversification of renewable energy technologies, such as offshore wind or floating farms, which Greece aims to exploit significantly, with the aim of having a capacity of at least 2 GW by 2030. This is in line with the broader European ambition of achieving carbon neutrality by 2050 and aligned with the EU’s aggressive target of a 55% reduction in emissions within this decade. Technologies such as carbon capture, utilisation and storage (CCUS) and bioenergy with carbon capture and storage (BECCS) are vital in this effort. These technologies represent a strategic investment to reduce CO2 emissions and are essential to maintain energy security.
The adoption of the Corporate Sustainability Reporting Directive (CSRD) and the proposal of the Corporate Sustainability Due Diligence Directive (CSDD) in the EU underline the commitment to corporate transparency and accountability. These directives require thorough reporting on environmental and social impacts, ensuring that companies live up to their sustainability claims. In addition, the green claims regulations set standards for documented and genuine representations of environmental efforts. This regulatory framework acts as an insurance policy against “greenwashing” by promoting authentic sustainability practices.
The country’s push towards green energy also involves exploiting Greece’s geographical advantages for geothermal energy and exploring the potential of wave energy. For example through the use of geothermal plants, Steam Mixture Flash Plant, steam is decompressed and separated into two supplies of steam and hot water. They are then used to generate electricity or for other thermal needs. Similarly, in the oscillating water column, waves enter a chamber, compressing the trapped air, which is then pushed through a turbine to generate electricity. These efforts can contribute to a diversified energy mix, reducing dependence on imported and fossil fuels.
Based on the established framework, Greece’s energy transformation strategy should also harness smart technologies to create a more efficient and resilient energy network. The integration of smart energy systems, powered by artificial intelligence and machine learning, can optimise energy distribution and consumption patterns, reducing waste and increasing efficiency. Investment in research and development of green technologies, including advanced battery storage solutions and smart grids, is essential. These technologies are vital to manage the intermittent nature of renewable energy and ensure stable energy supply.
Smart grid technologies, supported by advanced data analytics and the Internet of Things (IoT), are revolutionising the way energy is distributed and managed. These networks can effectively balance the supply of energy from renewable sources, addressing intermittency issues. Equally essential for urban living are electric vehicle (EV) charging stations, intelligent public lighting, waste management and water saving systems. These systems use sensors and real-time data to optimise resource use, reduce waste and lower operating costs.
At the same time, Greece must fortify its political and legal framework to attract investment in sustainable energy infrastructure. Clear and consistent policies can promote innovation and investment, fostering a thriving environment for both green technology start-ups and established players.
In conclusion, Greece’s path to a sustainable future lies in a multi-level approach that includes the expansion of renewable energy, the adoption of cutting-edge energy efficiency technologies, and a strong regulatory environment that promotes transparency and sustainability in corporate behaviour. This integrated strategy will not only address environmental concerns, but will also create economic opportunities, pushing Greece towards a leading role in the global transition to sustainable energy.
