Supported byClarion Energy
HomeElectricityGreece, Country plans...

Greece, Country plans to increase capacity of its electricity interconnections

Speaking at the Western Balkans Summit held in Berlin last week, Greek Minister of Energy Kostas Skrekas said that the country is planning to double the capacity of its electricity interconnections with Italy, North Macedonia and Bulgaria by 2030, while the capacity of interconnection with Albania will triple in the same period.

Minister Skrekas said that this ambitious plan is part of Greece’s strategy to implement critical infrastructure in order to increase the country’s energy competitiveness and provide energy supply alternatives. He said that Greece is turning into a regional hub for the transfer of green energy, adding that the renewable energy sources market share will exceed 46 % this year and may well reach 60 % in the next three years.

Greece plans to install 2 GW of new RES projects by the end of 2022, four times more than it connected to the network over the last four years, he added.

According to Minister Skrekas, the market test for the natural gas pipeline between Greece and North Macedonia has been completed. The pipeline is expected to be ready for commissioning by mid- 2025 and will be also fully ready for carrying hydrogen.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The programme is expected to be implemented through four funding rounds before the end of 2026,...

Montenegro’s electricity exporters need stronger PPAs to secure Italian market revenues

The Adriatic interconnector gives Montenegro's renewable generators access to Italian buyers, but investment returns depend on carbon treatment, delivery profiles and the fallback provisions built into individual export agreements. Montenegro's electricity interconnection with Italy offers renewable energy investors access to...

Cyprus-Europe power link surveys resume amid Turkey-Greece maritime dispute

Greece is seeking to restart seabed surveys for the €1.9 billion Great Sea Interconnector, a proposed electricity connection between Cyprus and mainland Europe. The project’s implementation schedule has been affected by unresolved maritime disagreements with Turkey in the eastern...
Supported byVirtu Energy