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I'm surprised geothermal isn't in the mix there, or at least not in any big way. You would think Italy and Greece especially would want to take advantage of that.
I would have expected that too. Always seemed a good sustainable additional solution to me.
afaik sustainable, but expensive.. Italy and Greece arent really known to have fat stacks of cash for such projects
Probably one of the reasons, other reasons could be ( geo?) complexity and the building (time)'of the whole unfrastructure. I haven't digged very deep in this yet tbh.
In addition to cost (which I don't have numbers for) there's a question of efficiency: Geothermal heat it typically relatively "low temperature" heat, which makes for very inefficient power plants, especially in southern places like Italy and Greece, where there is little or no easy access to cold reservoirs (like the sea around Iceland).
Geothermal energy is the perfect source for heating cold places in winter, or otherwise heating places you want warm, but you need quite specific geological conditions for it to be an efficient means of producing electricity.