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.
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.
These will be supplemented by the 4.7 GW from the ministerial decision, which pertains to commercial battery storage units operating in the market without subsidies. According to the decision by the Ministry of Environment and Energy, 3,800 MW will be implemented on the ADMIE grid plus another 900 MW on the DEDDIE distribution network.
If the rate is satisfactory, corresponding storage units will be required. Otherwise, not all 4.7 GW of batteries may be needed. Discover the investor rush for Greece''s 4.7 GW battery storage units as the government releases its ministerial decision.
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