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Possibility of future CO2 storage in Prinos | TheGreekDeal.com
Thodoros Skylakakis
Possibility of future CO2 storage in Prinos
During the debate of the bill entitled "Ratification of the seventh amendment to the contract for the exploitation of hydrocarbons in the marine area of the Thracian Sea, drawn up between the Greek State and Energean," Environment and Energy Minister Thodoros Skylakakis brought up the possibility of future carbon dioxide storage at Prinos.
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Theodoros Skylakakis, Minister of Energy

During the debate of the bill entitled "Ratification of the seventh amendment to the contract for the exploitation of hydrocarbons in the marine area of the Thracian Sea, drawn up between the Greek State and Energean," Environment and Energy Minister Thodoros Skylakakis brought up the possibility of future carbon dioxide storage at Prinos.

"The extension of the contract becomes necessary because in the region we acquire the possibility, in the future, to develop carbon dioxide storage," said Mr. Skylakakis, noting that the relevant institutional framework is a milestone in the recovery fund and will be made public very soon. He noted that it is an absolutely necessary process, as the energy transition will proceed and industries that are obliged to use carbon dioxide for their production processes "need to store it.". And stations with storage potential in the Mediterranean are extremely limited, he observed. "Prinos is a unique opportunity to develop CO2 storage," he said.

Responding to an earlier statement by Hellenic Solution chairman K. Velopoulos that lignite is a cheap fuel, the Environment and Energy Minister said that lignite production today involves paying large sums into the European emissions system and that Greek lignite has a much lower calorific value and therefore produces much more CO2 than the coal used in Germany. "If you want to be in Europe and get, among other things, subsidies for farmers, then you will be in the European emissions system, while if you want to be in Putin's Russia, you will not pay," Skylakakis said.

The majority of the parliament accepted the bill. New Democracy voted in favour, PASOK and Hellenic Solution voted in favour, while SYRIZA, KKE, Nea Aristera, Niki, Plysi Eleftherias, and the Spartans party voted against.

 

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