That said, the only way to establish real competi-
tion in the electricity market is through direct
access to lignite and water reserves.
PPC President Manolis Panayiotakis has already
identified the lignite-fired stations that the corpo-
ration can contribute to joint ventures with private
generators. One of these units is the power sta-
tion at Amyndeon, Florina; Mr. Panayiotakis says
that, since the station requires an energy upgrade
investment of almost 100 million euros, the proj-
ect can be financed by a private investor that
would join the PPC in a joint venture. The incum-
bent would also contribute lignite reserves. It
should be noted that under the current situation
the Florina power station’s life cannot be extend-
ed beyond 2019.
The other field of collaboration concerns the con-
struction of a second lignite-fired station at Meliti,
Florina. In the same way, any interested private
investors would enter lignite-based production. It
should be reminded that the PPC’s exploitation
rights on the Vevi lignite mine, which fuels the
existing Meliti station and will fuel the second sta-
tion after its construction, expire in 2024.
On the other hand, in order to join such ventures,
private investors also require the PPC to con-
Trade with Greece
84
The construction of this pipeline places Greece
dynamically in the global energy map, turning
the country into a hub for the transportation
of natural gas from the East to the West.
”
“
