The wide range of investments in the lignite mining areas implemented by PPC, was presented by the president and CEO of the company, Giorgos Stassis, speaking today at a conference on sustainability organized by Politico.
“We will not leave the lignite areas but we will change the profile of investments in renewable sources, photovoltaics and waste management, biomass. For the first time, we have a very detailed plan, which also takes care of the residents of these areas”, underlined Mr. Stassis.
He referred, among other things, to the possibility of participation of the residents in the investments of the company in RES, in the retirement programs of employees in retirement units but also in the upgrading of the skills of the younger inhabitants. The head of PPC expressed the belief that the transition plan will bring stability and prosperity to the lignite mining areas.
Referring to energy developments, he stressed that as the penetration of renewable sources increases, we will need more hybrid investments, which will combine production with energy storage.
Latest News
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union