A model for the development of a power production system in Greece, Part I: Where RES do not meet EU targets

This paper studies the electricity production system of the Greek Interconnected Electric Production System using a model created with the software package WASP-IV. The period of study is from 2009 to 2030. It consists of three scenarios using three different criteria: energy, environmental and economic. The three scenarios are the business as usual, the lignite and the natural gas. Subsequently, a sensitivity analysis is carried out for the annual growth rate of electricity consumption and load demand. The paper examines how the three criteria change, when there are no other energy sources beyond those already in use (lignite, oil, natural gas, biomass, solar, wind and hydropower) with no CO2 capture policies and with the electricity production from Renewable Energy Sources not to reach the targets of the European Union for 2020. In a second paper, three other scenarios examine production with the Renewable Energy Sources to reach the targets of the European Union for 2020.