The Euro isn’t the only thing some Greeks are looking to put a kibosh on. Politicians in northwest Greece are looking into incorporating more renewable energy to offset the hazards resulting from local coal mining.
In the area, coal-burning plants encompass the landscape, run by the Public Power Corp. of Greece. Nearly 80% of these plans were built over 10 years ago and are not compliant with the latest environmental protection standards set forth by the European Union. The EU member countries are supposed to incorporate 20% of their energy generation from renewable energy sources by 2020, which lit a fire under the coal city and its residents to change its energy generation source.
The region is the site of Helios, a solar energy project that began in February. The country aims to develop its PV sector and potentially export the power to other EU countries. However, in order to turn the coal-fired power plants into a diversified source of energy, major capital investment is needed and with Greece’s economy on the skids, it would likely be a long time before renewable energy plays a big role.
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