Supported byClarion Energy
HomeSEE Energy NewsGreece: 1.5 GW...

Greece: 1.5 GW of storage projects shortlisted in auction

The Regulatory Authority for Waste, Energy and Water (RAAEY) has selected 48 projects with a combined capacity of 1.5 GW as provisional winners in the Greek second auction for battery energy storage capacity. The list contains proposals by 42 developers for projects totalling 1,556 MW/3,121 MWh. Seven companies’ bids, for 113 MW, have been excluded from the competition.

Among the shortlisted candidates are power utility Terna Energy, Italian Enel Green Power, Motor Oil Renewable Energy (MORE), French Akuo Energy, Eunice and Faria Renewables.

The final list of winners is due to be announced this week when the period for making objections expires.

Greece seeks to award 288 MW of battery storage projects in the second energy storage tender, in which it cut the available subsidies to 100,000 euros/MW. The first auction allocated 411.8 MW of capacity, offering 200,000 euros/MW of subsidies.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Greek regulator probes whether solar cuts followed negative wholesale prices

RAAEY review of August midday solar output drops Greece’s energy regulator, RAAEY, is investigating whether solar producers deliberately reduced generation during periods of negative wholesale prices in August. The review covers several hours between Aug. 17 and Aug. 23. During...

Greece €5 billion energy package to cut final electricity prices by 30%

Prime Minister Kyriakos Mitsotakis presented a programme at the Thessaloniki International Fair. The plan targets a reduction of final electricity prices by about 30% by 2029. It is set at a total envelope of €5 billion and is designed...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections, renewable generation and storage as it accelerates the replacement of oil-fired power. The approval was...
Supported byVirtu Energy