Increased cost of natural gas transport via the 'Vertical Corridor'
Published
According to a recent analysis by the environmental think tank 'Green Tank', the transport of natural gas via the so-called 'Vertical Corridor' presents significant economic challenges. The report examines cost data and the impact that these specific routes have on the region's energy strategy.
The data shows that transport costs range between 11.2 and 13.1 euros per megawatt-hour (MWh). This amount makes this specific route 21% to 76% more expensive compared to other alternative routes starting from Poland. This difference raises concerns regarding the project's economic viability.
The 'Vertical Corridor' is a critical project for the energy security of Southern and Central Europe, as it aims to diversify supply sources. However, analysts point out that the high transport cost may affect final energy prices for consumers and businesses in Greece and neighboring countries.
The discussion regarding the strategic importance of energy infrastructure remains relevant, as Europe strives to reduce its dependence on specific suppliers. Experts emphasize that the balance between security of supply and economic cost constitutes the greatest challenge for policymakers.
In conclusion, the findings of Green Tank highlight the need for further evaluation of energy options. Transparency in transport costs is essential to ensure that energy infrastructure will offer real benefits to the economies of the countries participating in the network.
Sources: Ethnos
More Greece news
- The electric Renault 5 gains greater range and arrives in Greece with a special Roland-Garros edition
- Greece to contribute €120 million to European fund for high-tech companies
- Decline in technology and artificial intelligence stocks: How exposed are Greek companies?
- Meeting of Fidan and Güler on the cable across three capitals
- Interview Poll: New Democracy First with 29.4%, Ten Parties in Parliament
- Greece-Cyprus Cable: What Hatzidakis Said About France's License
- Conference on Access to Healthcare: Stelios Kymbouropoulos on the Today Press panel
- Georgia Parasxou at the Health Access Greece conference