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Bravo, Bank of GreeceEnergy Without Russia: The Case of Greece
Greece’s reliance on natural gas as a “transition fuel” left the country highly exposed to Russian energy imports on the eve of the Ukraine war. The efficacy with which the economy adapted to the energy crisis proved to be a valuable learning experience.
The ability to adapt to a scenario with less natural gas suggests that further investment in gas infrastructure is not the only, or indeed the best, policy path to decarbonisation.
In a recent analysis that was part of a broader, Europe-wide, series of papers publishe by the Friedrich Ebert Stiftung, MacroPolis features editor Georgia Nakou sets out the consequences that the Ukraine War and the EU sanctions on Russia had on Greece's energy policy.
The full report is available here: https://library.fes.de/pdf-files/bueros/budapest/20476.pdf