3rd Hellenic Energy Independence Forum – “Green & Sustainable in an Unstable World” Panel Discussion

Join us today Sunday, December 11th, at 2 P.M. EST/ 9 P.M. Athens EEST for EMBCA’s 3rd Hellenic Energy Independence Forum- “Green & Sustainable in an Unstable World" Webinar Panel Discussion. The panel discussion will be introduced by Lou Katsos EMBCA’s President and moderated by Konstantine Drougos of the OASIS Carbon Management Group and an EMBCA Director. Our distinguished panel will include Dr. Michael Karmis, Stonie Barker Professor Emeritus of Mining Engineering and Director Emeritus of the Virginia Center for Coal and Energy Research at Virginia Tech; Dr. Paris Kokorotsikos, CEO of Euroconsultants; and Dr. Yannis Bassias, Former President & CEO at Hellenic Hydrocarbon Resources Management S.A.. The focus of the discussion will include among other things the current Energy landscape Sustainability and ESG and include Hydrocarbons, Lignite (de-Lignite), Hydrogen, RES, and other issues.

Energy dependence has been identified as one of a variety of factors (energy sources diversification, energy suppliers diversification, energy sources fungibility, energy transport, market liquidity, energy resources, political stability, energy intensity, GDP) negatively contributing to energy security. As such a higher level of energy dependence is risk prone, because of the possible interference of commodity price fluctuations, trade "wars'', international armed conflicts, terrorist attacks, etc. Energy independence in a way is an idealized status that at present can be only approximated by exploitation of a country's natural resources, including renewable and non-renewable resources.

The Hellenic Republic is a small energy consumer and its geographical position favours her in becoming a vital corridor for transporting gas and electricity from the East to the West. Of note is that Greece is trending towards becoming one of the EU hubs for US LNG exports at a time when sustainable development is a fundamental prerequisite for economic growth, Low Carbon Footprint power generation from Lignite by using Carbon Capture technologies (CCUS) & hydrocarbon exploration are important elements of the energy mix of the Hellenic economy. Application of new technologies on these could drastically change the Hellenic energy security and supply programme and contribute to a smooth transition to new low-carbon & sustainable energy sources. The Hellenic Republic has been a net exporter of petroleum products thanks to its strong refining capacity, despite low crude oil production (Prinos, the only Oil deposit that was exploited, produces oil for about 60 years now). Onshore and offshore drilling over the next few years will allow it to assess the percentage of import replacement by domestic production.

EMBCA is an organization exempt from Federal Income Tax under Internal Revenue (IRC) Section 501(c)(3), classified as a public charity, and qualifies to receive tax deductible bequests, devises, transfers or gifts under Section 2055, 2106, or 2522 . Donors can deduct contributions they make under IRC Section 170. Thank you all again for your continuing enthusiasm and support of our events !!