By Haris Fludopoulos
The crisis will lead to a delay for approximately 1 to 1.5 years of the lignite withdrawal program for reasons of security of supply, the president and CEO of PPC G. Stassis said today. The medium-term goal of decarbonization remains on the table and we are committed to achieving it, Mr. Stassis said, noting that this year three units were to be retired, however if the retirement of one or two units is delayed, nothing really changes.
Mr. Stassis referred to the great transformation of PPC that has begun in recent years and the repositioning of the company towards the goal of the energy transition. The main pillars of the strategy were the decarbonization and greening of production, the digitalization of the network to make it more flexible, the modernization of the company’s image and rebranding, and the entry into new activities such as electrification.
Regarding the investments for new RES, Mr. Stassis said that they mostly concern photovoltaic plants because they are built faster, while PPC also develops wind and hydroelectric plants.
He stated that PPC is proceeding with the revision of the strategic plan of investments in order to increase investments in RES and storage. We will invest faster in everything related to flexibility, grid and storage and we will see PPC experimenting more with hydrogen, Mr. Stassis stressed.
Source: Capital
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