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The Greek Energy Market and the International Commitments: Tale of a Spoiled Brat

Author

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  • Fotios Chatzitheodoridis

    (Technological Educational Institution of Western Macedonia Department of Agricultural Products Marketing and Quality Control Terma Kontopoulou, Florina, 53 100, Greece Telephone: (+30) 23850-54654 - Fax: (+30) 23850-46630)

  • Argyrios D. Kolokontes

    (Technological Educational Institution of Western Macedonia Department of Agricultural Products Marketing and Quality Control Terma Kontopoulou, Florina, 53 100, Greece)

Abstract

Because of its ratification of the Kyoto Protocol and membership of European Union, Greece has agreed to regulate its greenhouse gas emissions and improve the penetration of renewable energy sources in its energy mix. This study outlines the modifications made to the Greek legislative framework in connection with the liberalization of its energy market and the promotion of renewable energy. The capability of Greece to fulfil these obligations is not examined. However, more rational, complete and long-term energy planning would have to be adopted in future because the new EU targets require more punctuality, reliability, effort and effectiveness than the present system allows.

Suggested Citation

  • Fotios Chatzitheodoridis & Argyrios D. Kolokontes, 2011. "The Greek Energy Market and the International Commitments: Tale of a Spoiled Brat," Energy & Environment, , vol. 22(4), pages 323-341, July.
    • Handle: RePEc:sae:engenv:v:22:y:2011:i:4:p:323-341
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    File URL: http://eae.sagepub.com/content/22/4/323.abstract
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    Cited by:

    1. Stavros Kalogiannidis & Fotios Chatzitheodoridis & Dimitrios Kalfas & Stamatis Kontsas & Ermelinda Toska, 2022. "The Economic Impact of Russia s Ukraine Conflict on the EU Fuel Markets," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 37-49, November.

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