Transelectrica launches major projects...

Romanian electricity transmission system operator Transelectrica has launched two major infrastructure projects to...

Romania launches third CfD...

The Romanian Ministry of Energy, in cooperation with Transelectrica, the operator of the...

Montenegro: EPA clears two...

Montenegro’s Environmental Protection Agency (EPA) has decided that Unipan Green, a local company,...

Slovenia: Šoštanj thermal power...

At the end of September, the Šoštanj thermal power plant began an extensive...
Supported byClarion Energy
HomeSEE Energy NewsGreece: Latest NECP...

Greece: Latest NECP revision envisions €94 billion in investments for 2025-2030

The updated National Energy and Climate Plan (NECP) for 2025-2030 is set to uphold its ambitious targets for energy transition investments. Although the total investment has been significantly reduced from the initial draft submitted to the European Commission last year, the revised plan still forecasts investments exceeding 94 billion euros.

Of this amount, 65 billion euros are allocated for initiatives such as replacing outdated household appliances, enhancing home energy efficiency, and purchasing electric vehicles. An additional 29 billion euros is designated for energy generation, with a focus on renewable energy sources and gas-fired power plants. While the revised total investment is notably lower than the 200 billion euros proposed initially, it remains substantial, averaging over 15 billion euros annually across the six-year period from 2025 to 2030.

The NECP aims to boost installed renewable energy capacity from 22.6 GW in 2022 to 36.49 GW by 2030, reflecting a 61% increase. It also targets an energy mix of 66% renewables, 21% gas-fired electricity, and 10% hydropower. Additionally, the plan includes a target for energy storage of 6.07 GW by 2030 and outlines upgrades to improve energy efficiency in 409,000 homes.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Transelectrica launches major projects to strengthen Romania–Moldova power interconnection

Romanian electricity transmission system operator Transelectrica has launched two major infrastructure projects to strengthen the national grid and enhance interconnection with neighboring Moldova. The initiatives include the 400 kV Gadalin-Suceava overhead transmission line and the 400 kV Suceava-Balti interconnection...

Romania launches third CfD tender for 290 MW of onshore wind projects

The Romanian Ministry of Energy, in cooperation with Transelectrica, the operator of the Contracts for Difference (CfD) mechanism, has announced the third competitive tender for renewable energy producers under the CfD support scheme. The bidding process will take place...

Montenegro: EPA clears two Unipan Green solar projects without full environmental assessment

Montenegro’s Environmental Protection Agency (EPA) has decided that Unipan Green, a local company, will not need to conduct an environmental impact assessment for two planned solar power projects located south of Podgorica. The first project will have an installed capacity...
Supported byVirtu Energy
error: Content is protected !!