Greece plans 4.7 GW of commercial battery storage projects
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece.
Greece's latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
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.
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.
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.
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