The updated target for a renewable energy source (RES) share of ~80% in the electricity sector, set in the National Energy and Climate Plan (NECP) that is currently being revised, cannot be met without substantially increasing the
The need for storage in Greece will accelerate rapidly over the next decade as renewables targets are revised upwards and coal plants are closed. The pivot to gas, a core part of the country''s energy strategy just a couple of years ago, has been upended by the disruption to supplies and price volatility caused by Russia''s invasion of Ukraine.
The government has dedicated around 44 billion Euro to transform Greece''s energy sector and increase capacity from 9GW to 28 GW, in addition to tripling the volume for LNG storage. Greece''s electricity transmission and distribution system operators are investing billions of Euros in grid infrastructure and smart technology to be able to
Greece''s electricity market holds the potential to become an important European market for energy storage technologies like lithium-ion batteries in the coming months and years. According to Corentin Baschet, head of market analysis at energy storage consultancy group Clean Horizon, a number of "interesting fundamental drivers" exist in
The updated target for a renewable energy source (RES) share of ~80% in the electricity sector, set in the National Energy and Climate Plan (NECP) that is currently being revised, cannot be
For energy storage, the target for 2030 is at 2.5 GW of installed capacity for pumped hydro and a whopping 5.6 GW for battery storage. These batteries are expected to accompany 14.1 GW of solar capacity, 7.1 GW of onshore wind capacity, and
The updated target for a renewable energy source (RES) share of ~80% in the electricity sector, set in the National Energy and Climate Plan (NECP) that is currently being revised, cannot be met without substantially increasing the storage capacity of the system.
Early last summer, the government announced an ambitious plan to issue a bid for 700 MW of battery storage capacity this Autumn. The plan is part of an energy storage policy framework aimed at strengthening Greece''s energy storage sector, which is currently underdeveloped.
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