EDA Attikis: Significant development of the natural gas market in Greece.
Attiki Natural Gas Distribution Company (EDA Attikis) is the independent operator of the Natural Gas Distribution Network in the Attica region. It is one of the leading distribution companies in Greece, as well as in South East Europe, with integrated and efficient operation structures that utilise the best available techniques and modern information systems for the development, monitoring and maintenance of its networks. As such, it achieves strong returns for its shareholders, and the most reliable and advanced energy services for its end-consumers and gas suppliers.
EDA Attikis invests in a cleaner future, by developing one of the most modern natural gas networks in Europe. The company's objectives are to secure a smooth supply and flow of natural gas to end-consumers, as well as ongoing safety in our operations of natural gas infrastructure. But in addition, we aim to provide modern and efficient energy solutions, and work towards the wider promotion and development of the natural gas market in terms of transparency and sustainability.
Investments throughout the Attica region.
EDA Attikis is seeking to expand the use of natural gas throughout the Attica region in Greece, through an ambitious five-year development plan which exceeds 132m EUR. With a clear vision, continuous initiatives and integrated planning, the company is expanding its network in every municipality and district of the wider Athens region, implementing its largest ever investments.
Natural gas fully supports the national energy objectives under the National Energy and Climate Plan. Natural gas is a clear choice of 'bridge' fuel for Greece as the country moves to a post-lignite era. And our company remains fully committed to its goal of contributing to the energy transition of Greece in accordance with the Energy Union Strategy and the respective EU energy and climate policy.
Specifically, the company's new investment plan for the period 2021 - 2025 includes the expansion of the low and medium pressure network by 648km. Furthermore, EDA Attikis is planning extensive upgrades and replacement projects for the existing network, particularly in the historical centre of Athens.
Consequently, the new pipelines constructed will be added to the region's existing network, that already covers 3663km with 155,500 active natural gas delivery points. These serve more than 400,000 households, 7,500 commercial consumers and 226 large industrial consumers.
The foremost priority of the network development plan is to ensure 100% uninterrupted gas supply with complete network integrity and safety.
Growth through partnership and collaboration.
In line with the current energy market requirements, our company strives to constantly improve its cooperation with natural gas suppliers, as well as with other stakeholders and professionals in the field.
EDA Attikis is cooperating with local municipalities to accelerate the expansion of its network in the areas of their authority. The company also collaborates with key national organisations and academic institutions with the aim of promoting the use of natural gas, the safety constraints on the construction and operation of gas distribution networks, and the prospect of incorporating additional energy services to end-consumers.
For EDA Attikis, becoming a member of Eurogas was an important step in strengthening the role of natural gas in Greece's domestic energy market through the ongoing dialogue and cooperation with key players of the European gas industry, as well as related institutions and organisations. Through our partnership with Eurogas, our company will have the opportunity to actively contribute to the strengthening and further developing the natural gas market in Greece.