The Energy Crisis in Greece: The Vortex of Accuracy, the Warnings, the Proposals for an Exit – Economic Postman
Prediction was made of the severity with which the energy crisis in Hellas;
As Professor Nikolas Farandouris argues in his new book, all indications and warnings of malfunctions in energy marketfor wrong priorities and lack of orientation to energy policy which ultimately led to the biggest energy crisis of recent years in our country.
As argued in the book “The Energy Crisis in Greece: The Vortex of Accuracy, Warnings, Exit Proposals”, high energy costs are due to both exogenous factors and endogenous factors, making Greece today a negative accuracy champion in GREECE. Europe in all individual energy markets (electricity, petroleum, natural gas). The endogenous factors presuppose the Russian invasion of Ukraine and highlight important pathologies in the organization (and staffing) of the Greek energy policy and the need to redesign it today.
After all, as early as late 2020 and early 2021 – well before the outbreak of war in Ukraine – there were warnings about the country’s energy policies, distortions in the energy market, an absence of regulatory vigilance and robust oversight, and unfortunate manipulations in our external energy relations, which portended price increases and energy dependence.
These warnings were joined from the summer of 2021 in the form of analyses, opinion pieces, scientific documentation and policy interventions.
In the book “the energy crisis in Greece: The vortex of accuracy, the warnings, the proposals for an exit”, the foreword of which is signed by the president of SYRIZA Alexis Tsipras, specific proposals are presented to shield society and the economy against the energy crisis, in the context of “a new progressive policy imposed by the times”.
Nikolas Farandouris is Professor of the Jcan Monnet Chair in European Competition, Energy and Transport Law and Director of the MSc in Energy Strategy, Law & Economics at the Department of International & European Studies of the University of Piraeus.
He is a lawyer at the Areopago, a graduate of the Athens Law School with postgraduate and doctoral studies at the University of Oxford. He has worked for twenty years as a lawyer in Athens, Brussels, London and New York. He is a member of the Board of Directors, Director of Legal Services, Legal Advisor and Acting President of DEPA SA and President of Legal Affairs of EUROGAS, the association of 45 energy companies in Europe.
He is a member of the Energy Committee of the Academy of Athens, as well as an advisor to the SYRIZA President P.S. on Energy & Competition issues.