Power, gas sup­plies set to be tested

Kathimerini English - - Focus - CHRYSSA LIAGGOU

En­ergy au­thor­i­ties in Greece have sig­naled that the coun­try’s nat­u­ral gas sys­tem is ex­pected to re­main un­der pres­sure un­til early Fe­bru­ary.

Liq­ue­fied nat­u­ral gas reserves at the LNG ter­mi­nal on the islet of Revyt­housa are set to run out to­mor­row be­cause the LNG car­rier that had been sup­posed to de­liver a ship­ment from Al­giers has not yet been able to dock at the Al­ge­rian cap­i­tal’s port due to rough seas.

This devel­op­ment has gen­er­ated ma­jor con­cern in Athens and on Wed­nes­day the Reg­u­la­tory Author­ity for En­ergy con­voked the Cri­sis Man­age­ment Com­mit­tee, which as­sessed the sit­u­a­tion re­gard­ing the un­in­ter­rupted sup­ply of elec­tric­ity and nat­u­ral gas around the coun­try.

In an ef­fort to tackle the cri­sis, it was de­cided that nat­u­ral gas-op­er­ated power plants that have the ca­pac­ity to use other fu­els would be switched to oil in­stead to­day.

The rise in the sys­tem’s mar­ginal price has im­proved the bal­ance of im­ports and ex­ports, as do­mes­tic play­ers do not con­duct any ex­ports while there has been no sig­nif­i­cant in­crease in im­ports.

The cred­i­bil­ity of the sys­tem will be de­ter­mined in the com­ing days by the per­for­mance of Pub­lic Power Cor­po­ra­tion’s lig­nite-fired plants, which have been work­ing to ca­pac­ity.

If things do get tough, it will be hard to avoid ro­ta­tional power cuts for con­sumers in or­der to avert a black­out. That is be­cause the au­thor­i­ties have lim­ited so­lu­tions to hand fol­low­ing two back-to-back crises. The hy­dro­elec­tric plants that saved the sys­tem from crash­ing dur­ing the cri­sis just be­fore Christ­mas can­not be em­ployed as the sum­mer reserves have al­ready been ex­hausted.

There are ad­di­tional con­cerns re­gard­ing the pos­si­bil­ity of us­ing the mea­sure of in­ter­rupt­ibil­ity for a third time – whereby medi­u­mand high-volt­age con­sumers would stop con­sum­ing power when they least need it. In the last cou­ple of cri­sis pe­ri­ods when the mea­sure was used it was par­tic­u­larly ben­e­fi­cial for the sys­tem as it prac­ti­cally sup­ported the coun­try’s sup­ply with elec­tric­ity by sav­ing what amounts to the ca­pac­ity of two lig­nite units.

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.