Benchmarking Greek gas demand

Privatisation, environmental policy, and new supply developments have set the stage for strong gas demand growth in Greece. Special tax treatment will help make gas more competitive against traditional fuels such as oil, while coal capacity retirements will increase gas’ share in power. But estimates on the size of the market vary considerably. Competition from renewables and electricity imports will limit gas’ share of the power market – a key difference between forecasts. New opportunities...