Recent Articles and Media

The Great Redistribution: Who is buying Lukoil’s energy assets?

The possible forced sale of Lukoil’s international portfolio is not merely a corporate restructuring, but one of the most significant redistributions of wealth and strategic control on the global energy landscape (Naftemporiki, October 14, 2026)

The Global Cost of Resilience in the Twenty-First Century

The competition of the twenty-first century may not be between nations at all. It may be a race against time and the ability to shorten the distance between necessity and response (Modern Diplomacy, October 10, 2026)

From Anelasticity to Resilience: What is the cost of Europe’s survival?

The scale of the challenge is already reflected in the official European targets and Resilience is perhaps Europe’s most significant strategic challenge in the 21st century (Naftemporiki, October 8, 2026)

Why energy inelasticity is the obstacle to falling energy prices! What Greece must do! (podcast)

Europe has entered an era characterised by a simultaneous accumulation of crises, economic downturns and demographic pressures, and this is where decision-makers should be focusing their attention (published in newshub.gr, October 7, 2026)

Europe's Triple Energy Anelasticity and the Strategic Role of Greece

In the Antiktypos interview on ERT News Radio on 4 October 2026, journalist E. Chantziou invited Yannis Bassias to discuss how geopolitical complacency, infrastructure depreciation, and demographic decline are increasingly constraining the European Union's capacity to adapt to a changing world.

Energy storage: The cost of not investing

The available data suggest that the economic cost of energy not stored is now approaching the same level as the cost of infrastructure that was not built (Naftemporiki, October 3, 2026)

Newsletter September, 2026 - From Prices to Structural Costs

The articles published at the end of September extended the effort to explain the energy chain from production to final consumption, highlighting how prices are shaped not only by markets, but also by infrastructure, transport, financing, security and system costs.

Storage Make the Front Page and Prices Become a Footnote

In the run-up to each winter, public debate in Europe has focused almost exclusively on the fill rate of natural gas storage facilities. However, storage is only one factor in the system and not the most important indicator of the actual state of the market (Energia.gr, October 2, 2026).

Anelasticity Monthly Briefing 5- European Energy Systems, September 2026

Amphore Energy Briefing No. 5 September confirmed that Europe’s energy challenge is increasingly one of adaptation rather than supply. Corridor uncertainty, persistent insurance premia and cautious procurement reinforced system rigidity, highlighting the structural anelasticity of European energy systems.

Imported energy, the contradictions of the green transition and the accumulation of depreciation

The true cost of the European transition may not lie in the emissions that have been reduced, but in the liabilities that have accumulated (Naftemporiki, October 1, 2026)

The Continent of Accumulated Liabilities

As the European and global landscape evolves, it is becoming clear that energy anelasticity concerns the gradual accumulation of constraints that restrict the freedom of action of states, businesses and societies (Energia.gr, September 26, 2026).

The Persistent Myth of Lower Prices

Europe’s energy debate continues to be influenced by assumptions that belong to a different era. Throughout much of the period that followed the end of the Cold War, policymakers, markets and consumers became accustomed to a world in which major disruptions were regarded as temporary episodes (Modern Diplomacy, September 25, 2026)

The Expensive Energy

Interview in ATHENS MACEDONIA NEWS AGENCY with Sotiris Kyriakides (September 24, 2026).

Energy Geopolitics: The summer of 2026 that revealed the new reality

The summer of 2026 confirmed a more profound shift in the international energy system. Geopolitical upheavals no longer function as temporary episodes. They are piling up one on top of the other, creating an environment in which markets, energy infrastructure and policy decisions are adapting to a state of perpetual uncertainty (Naftemporiki, September 23, 2026)

Why cheap energy is not self-evident

The management of energy costs remains one of the most complex challenges facing modern political leaderships. The expectation that prices will automatically decline through market mechanisms alone overlooks several fundamental realities (Political.gr, September 23, 2026).

Energy Security: Futures Contracts and Strategic Reality

The claim that European natural gas prices will automatically fall because the futures curves are in a state of ‘normal backwardation’ overlooks fundamental economic, geopolitical and energy realities (Defence-Point, September 22, 2026).

Newsletter 21 September, 2026 -Reading the Summer

Recent Amphore Energy analyses point to the emergence of an anelastic energy world, where geopolitical and infrastructure shocks accumulate rather than fade. Europe's strategic awakening, persistent maritime disruptions and evolving gas corridors all confirm that energy security and resilience are once again becoming central policy priorities.

INTERVIEW: Economic Transition & Implications for the Energy Mix

On the occasion of the release of the new, expanded English edition of Economic Transition and Impact on the Energy Mix by Eurasia Publications, Zacharias Michas sat down with the author for a brief discussion on energy developments (Defence-Point, September 17, 2026).

Beyond Slogans: The Ten Structural Realities Governing Modern Energy Systems

Explore the 10 structural realities reshaping modern energy systems, from geopolitics and security to technology, markets, climate policy and energy transition (published in Modern Diplomacy, September 2, 2026).

Energy Education and Public Debate

The energy transition requires expertise, strategy and clear thinking, but public debate in Europe remains muddled. The electricity market is presented as a simple stock exchange, whilst it is a complex system of balance, where flexibility costs more than generation (published in Naftemporiki, August 23, 2026)

Block 2 as a Geopolitical Turning Point

Block 2, north-west of Corfu, is currently the most advanced Greek offshore project, with full 3D seismic coverage and a mapped carbonate structure at a depth of approximately 4.6 kilometres (published in Naftemporiki, August 18, 2026)

Anelasticity Weekly Briefing 4- European Energy Systems - Week ending Saturday, 15 August 2026

Amphore Energy Briefing No.4 : Drone risks, LNG delays, heat‑driven power stress and nuclear slippages tighten Europe’s energy system, raising premia and slowing normalization.

Economic Transition and Impact on the Energy Mix

The book explores how energy density, fuel diversity and technological dependency shape geopolitical exposure. Updated data, regulatory shifts and new case studies show how regions balance economic pressures with decarbonization amid volatile markets.

Anelasticity Weekly Briefing 3- European Energy Systems - Week ending Saturday, 8 August 2026

Amphore Energy Briefing No.3 : European energy week marked by supply rerouting, LNG congestion, heat‑driven power stress, nuclear delays, and rising corridor‑risk premia across regions.

Brent and the simplification of the actual fuel pricing chain

The public debate on fuel prices in Greece suffers from a persistent tendency to present Brent as the ‘price of oil’ that is automatically passed on to petrol at the pump (published in Naftemporiki, August 4, 2026)

Europe’s New Gas Geography in the 2030s

Can North African gas replace Russian supplies? Explore Europe's post-Russian energy strategy, key pipelines, investment needs, and geopolitical risks (published in Modern Diplomacy, August 3, 2026).

Anelasticity Weekly Briefing 2- European Energy Systems - Week ending Saturday, 1st August 2026

Amphore Energy Briefing No.2 : Mediterranean premia surge, LNG delays lift TTF, grids strain as renewables stay elastic, SMR licensing slows, Med–Balkan corridors gain weight, EU/UK adopt defensive procurement.

Continuous Instability in the Gulf and the Shockwaves of the Ukraine War

The global energy system has entered a phase where shocks do not fade, but they accumulate. They deform and tilt the above, an underlying structure (published in Modern Diplomacy, August 2, 2026).

The ongoing instability in the Gulf and the shocks caused by the war in Ukraine

The Gulf, Ukraine and hybrid threats to infrastructure are not isolated phenomena, but mutually reinforcing areas of tension (published in Naftemporiki, July 31, 2026)

The Architecture of Geopolitical Inflexibility

The geopolitics of 2027 now operate according to a new rule: the world’s critical infrastructure is not resilient. It does not return to its original state following a shock, nor does it fully regain its functionality. This memory is transformed into a structure, and that structure determines the next crisis. (published in Kontra, August 3, 2026)

Hard truths in the new energy landscape! (podcast)

Reflections on the profound shifts reshaping the global energy landscape (published in newshub.gr, July 28, 2026)

Anelasticity Weekly Briefing 1- European Energy Systems - Week ending Saturday, 25 July 2026

Amphore Energy launches a bulletin distilling how Europe’s energy systems absorb shocks, retain structural scars, and drift further into anelastic, corridor-bounded behavior.

Maritime straits as a structural memory of crises

The world’s major energy arteries behave like inelastic materials: they become deformed, recover only partially, and never return to their original state (published in Naftemporiki, July 21, 2026)

European Inaction: From the End of the Cold War to a Violent Awakening

After the end of the Cold War, Western leaders believed that history had been closed like an old file. Investments shifted from energy security to financial products that seemed like alchemy, while the climate agenda was elevated to a new political gospel (published in DefencePoint, July 19, 2026)

Why does Greece export cheap solar power and import extremely expensive natural gas?

Greece has strengthened its position as a transit hub and processor, but this does not translate into a strategic capacity for primary energy supply (published in DefencePoint, July 12, 2026)

Newsletter 8 July, 2026

The recent articles trace the shifting economic, scientific, and geopolitical routes of the global energy transition, highlighting a structural correction as idealized climate narratives face the rigid material demands of modern technology and sovereign energy survival.

When the clouds covered the climate narratives: Time machine…

Turning back the clock to the late 1990s and early 2000s, the scientific community found itself faced with one of the most fascinating, yet intense ideas in modern astrophysics (published in DefencePoint, July 5, 2026)

The Experience of Crete and the Opportunity of the Ionian

Gas exploration in Crete has not failed geologically, but in terms of timing and politics. The window of opportunity in 2017 closed before it even opened. The question is whether the country will manage to open the true corridor of the Ionian and Adriatic Seas (published in Naftemporiki, July 4, 2026)

The Battle for Energy and Water in the Age of Artificial Intelligence

The global development of artificial intelligence (AI) is no longer determined by algorithms and software, but by access to energy, water, and land. Mega-scale data centers with capacities of up to 300 MW are now key pillars of economic and geopolitical power (published in Kontra, June 29, 2026)

The New Geopolitics of AI: Water, Energy, and the Battle for Computational Power

The global race for artificial intelligence is no longer just a contest of algorithms, but a struggle for physical infrastructure, massive 300 MW–scale data center clusters that bind together electricity, water, and territorial power (published in Modern Diplomacy, June 18, 2026).

Strategic Integration of Ionian Upstream Assets into the Adriatic Energy Grid: Securing the Southern Flank

The South-North axis of the Ionian Sea offers Europe one of its few immediate pathways for structural energy reinforcement without requiring colossal new infrastructure investments (published in Modern Diplomacy, May 27, 2026).

Newsletter 15 June, 2026

Greece’s energy debate highlights the gap between public narratives and underlying system costs, from the “accounting surplus” to the demands of new data‑center projects. With the RRF ending in 2026, Western Macedonia’s role, from digital investments to future SMRs, gains renewed strategic relevance.

The Hidden Energy and Water Costs of Data Centers in Greece

The debate over the establishment of hyperscale data centers in Greece is unfolding in a manner that is more reminiscent of a public relations campaign than a serious technical and environmental assessment. Greece cannot make such a significant energy commitment without technical soundness (published in Naftemporiki, June 12, 2026)

Accounting Surplus and Actual Cost of Electricity Generation in Greece

As long as Greece depends entirely on imported energy inputs without robust safeguards, it may record accounting surpluses from electricity exports, yet still suffer a net economic loss through its overall balance of payments due to the cost of the domestic generation of electricity (published in Naftemporiki, May 29, 2026)

The Ionian-Adriatic Corridor: When Geology Gains Momentum Through Infrastructure

Block 2 takes a strategic importance and allows Greece to join a mature energy corridor and make a substantial contribution to European security of supply (published in Naftemporiki, May 26, 2026)

Newsletter 24 May, 2026

Europe faces rising energy volatility as Indo‑Pacific buyers redirect LNG and crude once destined for Europe. Unlike hypothetical megaprojects requiring new pipelines or terminals, the Ionian–Adriatic corridor stands out as a cost efficient and immediately usable opportunity for Block 2 west of Corfou.

From Asia to the Pump: How Prices Are Shaped for Greece

Greece, a small and open economy, lacks both the scale and the long-term contracts that would allow it to absorb the volatility of a market that is becoming increasingly tight, competitive, and expensive (published in DefencePoint, May 23, 2026).

Western Macedonia and the Question of the Nuclear Restart

Western Macedonia remains one of Europe’s regions most severely affected by the rapid coal phase‑out. Its economy, built for decades around a single lignite complex, was left without stable production, storage capacity or equivalent jobs to replace the scale of mining (Published in Energia.gr, May 21, 2026).

Indo-Pacific Oil & Gas Reset: Gulf Shifts, U.S. Risk & and the New Geography of Asian Procurement

The global hydrocarbon system is currently facing significant structural constraints, with access to oil and gas heavily influenced by geography and political factors rather than just market prices. May 20, 2026).

Le nouvel ordre du gaz naturel dans le Golfe : rôles figés, marges réduites

Le marché mondial du gaz naturel n’obéit plus aux mécanismes classiques d’ajustement entre offre et demande. Sous l’effet combiné des contraintes géopolitiques, des rigidités industrielles et de l’explosion des besoins domestiques, il entre dans une phase d’« anélasticité » (published in Up Magazine, May 17, 2026).