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Italgas, which two years ago acquired DEPA Infrastructure and renamed Greece’s gas grid company Enaon, announced this week it is preparing a total investment of 1 billion euros in Greece as part of the group’s 2024-2030 Strategic Plan.
This program will be executed by its subsidiary Enaon, focusing on four main pillars to support Greece’s ongoing ecological transition: Methanization of areas not yet connected to the gas distribution network and contributing to the phaseout of more polluting fuels like lignite and coal; digital transformation of the network, including the replacement of traditional smart meters with “H2 ready” technology; development of renewable gases, primarily biomethane and green hydrogen, to bolster decarbonization efforts; and repurposing the existing network to make the energy infrastructure more flexible, ready for a more sustainable energy future.
The plan allocates €650 million for the construction of over 3,000 kilometers of new network, extending service to areas not yet connected.
This expansion will introduce a new energy source to 18 cities (including Patra, Ioannina, Kastoria, Florina, Grevena and Orestiada) and increase the customer base served by Enaon from the current 615,000 to 920,000 by 2030.