
The Greek energy system has undergone substantial change in recent years. Key trends include: 1. There has been a general decrease in the consumption of. . The increase in and adoption of renewable energyby the Greek consumer market has been a key driver to Greece achieving it’s CO2 emissions targets. The. . Contact us to discuss how we can assist with your next project. Dimitrios, our renewables sector team leader, is on hand to provide initial advice into your. [pdf]
The Greek Ministry of Environment and Energy released an updated version of the timetable for renewable electricity auctions. The new schedule sets the time and the capacity for each auction, while it calls for four auctions to be held this year and five in 2024.
The new law has also put an end to feed-in tariffs for solar projects up to 500 kW in size. Developers of such installations with the necessary licenses can sign contracts with Greece’s Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh.
Image: Sandia National Laboratories, Wikimedia Commons Since 2016, when Greece introduced its competitive auction framework for renewable energy and held its first PV tender, the country has awarded more than 2 GW of solar capacity.
The new law does not define the percentage of electricity curtailment for awarded projects in future auctions. Instead, the new law allows Greece’s Ministry of the Environment and Energy to separately set the percentage of electricity curtailment for awarded projects for each new auction.
Developers of such installations with the necessary licenses can sign contracts with Greece’s Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh. Projects up to 1 MW in size for energy communities or farmers will get a feed-in tariff of €68.87/MWh.

Electricity plays a pivotal role in numerous aspects of contemporary life within modern societies, and its significance is expected to grow further as it assumes. . compared to the previous year. Greece followed the same trend with a year-over-year . This decline was mainly attributed to the region's grappling with soaring energy costs, which resulted in substantial reduction in demand, especially among industrial. [pdf]

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