Greece solar energy storage policy design

4 FAQs about [Greece solar energy storage policy design]

How many GW of solar capacity does Greece have?

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.

How much is a feed-in tariff for a solar project in Greece?

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.

How do the Green Deal and ''fit for 55'' measures help Greece?

The measures contribute to achieving Greece''s climate and energy targets, as well as the objectives of the European Green Deal and ''Fit for 55'' package, by enabling the integration of renewable energy sources in the Greek electricity system.

What does the European Commission say about energy storage?

The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a Staff Working Document, providing an outlook of the EU''s current regulatory, market, and financing framework for storage and identifies barriers, opportunities and best practices for its development and deployment.

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