ECONOMY

Proposals for nuclear, natural gas energy

Greece must redefine its energy mix for electricity production under the current economic conditions and turn its attention to natural gas and developments around the world in nuclear technology, according to a report by the Energy Committee of the Academy of Athens, the country?s top culture and science institution.

The report, issued on Monday, said the new energy mix must take into account growth and the creation of new jobs in the present financial climate, as well as energy safety.

The committee branded the planned use of renewable energy sources for electricity production (40 percent) by 2020 as particularly expensive and disputes the chances of the plan?s realization.

It then recommended the rational use of lignite to ensure maximum performance, as well as the country?s participation in research and pilot projects on carbon capture and storage (CCS) technologies, and the monitoring of developments in nuclear technology for electricity production to achieve a broader social approval.