Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
Supported byClarion Energy
HomeSEE Energy NewsGreece sees sharp...

Greece sees sharp drop in renewable energy grid connection applications

Applications for connecting renewable energy projects to Greece’s electricity transmission network totaled 507 MW in March, one of the lowest levels recorded in recent years. This figure falls significantly below the typical monthly average of around 1 GW, raising questions about whether the decline is a temporary fluctuation or a response to growing risks in the renewable energy sector.

During the March application cycle, ADMIE, Greece’s electricity transmission system operator, received just ten submissions for new renewable energy units. This total ranks as the second-lowest in over a year, with the lowest recorded level occurring in January at 243 MW. However, January’s dip is often attributed to reduced activity due to early submission deadlines following the New Year period.

Despite the slowdown in renewable energy applications, interest in standalone battery storage projects remained strong. ADMIE received 12 applications for battery storage systems in March, totaling 659 MW, continuing the sector’s recent growth trend.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per barrel, already 7.2% lower than the last session of the previous week. Prices continued to...

Europe: Electricity prices fall in late June amid lower gas costs and high renewables

In the fourth week of June, average electricity prices declined across most major European markets compared to the previous week. The United Kingdom’s N2EX market experienced the largest drop, falling by 28%. Other markets saw decreases ranging from 1.3%...

Europe: Electricity demand rises in most markets amid seasonal shifts and holidays

During the week of June 23, electricity demand rose across most major European markets compared to the previous week. Germany and Italy saw the largest increases, with demand growing by 8.2% and 8.1% respectively. France experienced the smallest increase...
Supported byVirtu Energy
error: Content is protected !!