Commissioner Canete expresses satisfaction over ADMIE action

European Commissioner for Climate Action and Energy Miguel Arias Cañete on Thursday expressed his satisfaction over progress made in completing an ownership separation of ADMIE – the Independent Power Transmission Operator – during a meeting in Athens with Greek Environment and Energy Minister George Stathakis, a ministry announcement said.

During the meeting, Stathakis presented the country’s top policy priorities, spearheaded by making Greece an entrance gate for new natural gas sources for Southeastern Europe. This goal will be served with the creation of a natural gas commercial hub, through interconnections implemented such as the TAP and IGB pipelines and the Revithousa LNG terminal and a planned floating LNG terminal in Alexandroupoli. He said that a planned EastMed natural gas pipeline would also help to differentiate energy supplies for the region. Stathakis also presented actions promoted for the reorganization of the electricity market, in the framework of community legislation and targets set for 2020, underlining the country’s strong commitment to complete this actions within set timetables.

Cañete presented the European Commission’s recent initiatives towards “Clean Energy for all Europeans” including a package of basic principles for the transformation of critical parameters of the energy sector, such as: reducing dependence from coal and relocating the approach for important issues from national to European level.