EU-Funded Energy-Related Projects for Sustainable Ports: Evidence from the Port of Piraeus

Abstract

Energy matters are a challenge for many ports and port industry stakeholders, especially in today’s rapidly changing environment and on the back of multiple transitions in the sector. In particular, mainstreaming environmental targets and sustainability in port operation and development affects strategic choices. This article focuses on EU-funded energy-related projects in the Port of Piraeus, presenting field evidence in the form of a case study. We take stock of efforts undertaken, results achieved and impacts of the projects so far, in order to provide useful insights for the industry, but also reflections on policy and governance in this subject area. We argue that implemented projects have created added value for the port and clearly helped achieve its stated objectives, in relation to both energy and environmental issues and promoting sustainability. What is more, goal-setting has often been initiated within the framework of the projects and/or their implementation. In addition, project identification and implementation have produced positive externalities for the port, thus laying the groundwork for further change. Project impacts obviously depend on many different factors, as well as on their interaction. The momentum for EU-funded energy-related projects in the port sector will hold up and most probably grow, as will mainstreaming sustainability. Industry, policy and governance need to step up their efforts in order to maximise results.