GREECE AWARDS 188.9 MW FOR SUBSIDIZED BATTERY STORAGE IN
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Greece’s new battery storage program has taken into account the areas most congested by the output of renewable power stations as well as the kind of renewable projects connected to the grid.
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.
Overall, following last months public consultation, the Greek ministry of the environment and energy presented a bolder and even more ambitious battery storage program, allowing for longer completion times but retaining the financial and competition guarantees in place.
A decision published by Greece’s Ministry of the Environment and Energy in the State Gazette last Friday was a surprise for the domestic energy storage sector. The ministry ran a public consultation in late February, proposing a new 3.5 GW energy storage program.