This article highlights key steps recently taken by the Greek State as regards the legal/regulatory framework and appropriate State aid schemes, to kickstart electricity storage activity and allow for an efficient and timely
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This article highlights key steps recently taken by the Greek State as regards the legal/regulatory framework and appropriate State aid schemes, to kickstart electricity storage activity and allow
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The new plan, prepared by the Ministry of the Environment and Energy, calls for installing 4,700 MW of standalone battery projects across the country, equal to the entire projected capacity until 2030 under
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Currently there is a growing interest for investments in storage facilities in Greece. Licensed projects mostly consist of Li-ion battery energy storage systems (BESS), either stand-alone or integrated in PVs, as well as PHS facilities .
Considering the energy arbitrage and flexibility needs of the Greek power system, a mix of short (~2 MWh/MW) and longer (>6 MWh/MW) duration storages has been identified as optimal. In the short run, storage is primarily needed for balancing services and to a smaller degree for limited energy arbitrage.
According to the Greek National Energy and Climate Plan (NECP), the nation aims to install 4.3 GW of storage by 2030. Thus far, 900 MW has been allocated via the Greek Regulatory Authority for Energy, Waste, and Water (RAAEY) tenders. Therefore, the remaining share would be delivered under the new plan but without any subsidy support.
The government now aims for 2.65 GW of battery projects on the transmission grid and a further 900 MW on the distribution grid. According to the Greek National Energy and Climate Plan (NECP), the nation aims to install 4.3 GW of storage by 2030.
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three previous auctions.
Currently there are four (4) storage plants operating in Greece, two open-loop pumped-hydro storage (PHS) stations in the mainland (700 ΜW in total) and two small hybrid RES-storage stations in non-interconnected islands (just 3 MW).
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