Financing wind in Montenegro,...

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HomeSEE Energy NewsGreece set to...

Greece set to exceed 2030 renewable energy goals with 34 GW capacity

Greece is on track to significantly exceed its official 2030 renewable energy capacity target, with projections indicating that total installed capacity will reach approximately 34 gigawatts. This figure surpasses the 24.7 gigawatt goal outlined in the country’s National Energy and Climate Plan (NECP).

The projected expansion includes a broad mix of renewable sources such as solar, wind, small hydropower, biomass, and biogas units. Analysts credit this growth to the large number of projects—around 31 gigawatts—that are either already in operation or have secured final network connection agreements.

Many of these projects are now in advanced stages and steadily moving toward execution. Greece’s transmission system operator continues to issue new grid connection offers, including those related to industrial power purchase agreements, helping to maintain momentum in the sector.

Despite this rapid increase in renewable energy installations, forecasts for electricity demand and trade remain stable. The NECP anticipates that domestic electricity consumption will reach around 61 terawatt-hours in 2030, while net electricity imports are expected to total approximately 2 terawatt-hours.

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