REPORT LAUNCH: SQUARING THE ENERGY TRANSITION CIRCLE IN SOUTHEAST EUROPE AND THE EASTERN MEDITERRANEAN - The Atlantic Council’s Europe Center and the American-Hellenic Chamber of Commerce hosted a public event for the launch of the report “Squaring the Energy Transition Circle in Southeast Europe and the Eastern Mediterranean.” This event was streamed live from the Atlantic Council Headquarters on Wednesday, May 18 from 9:00 a.m. to 9:40 a.m. ET and featured a discussion by Greek and US experts and officials on the issue of energy transition and US-Greece bilateral energy cooperation.

European energy security is at a crucial turning point. Though European countries, including Greece, have taken significant steps towards utilizing renewable energy sources, Russia’s war in Ukraine has forced many European countries to face their significant dependence on Russian oil and gas and search for alternative energy sources to improve their energy independence. While traditional energy sources such as oil and gas will continue to play a role in powering Europe, the crisis is also propelling Europe towards a more sustainable energy future.

Over the past year, the Europe Center, with the support of the American-Hellenic Chamber of Commerce, has explored Greece’s efforts to contribute to the region’s energy transition and to diversify Europe’s energy resources. The report offers a set of recommendations on further strengthening US-Greece cooperation on energy, based on inputs from a year of private interviews, roundtables, and other outreach efforts.

ORIGINAL AIRDATE: 05/18/22