Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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HomeSEE Energy NewsGreece, The subsidies...

Greece, The subsidies for the new rooftop solar program will be granted exclusively to photovoltaic systems that include a battery

According to Greek Minister of Energy Kostas Skrekas, the subsidies for the new rooftop solar program will be granted exclusively to photovoltaic systems that include a battery, with the latter being 100 % subsidized, while the total subsidy will cover 60 % of the cost.

The public call for subsidizing rooftop solar installations is open for individuals, small businesses and farmers. It should be launched by mid-March and is expected to receive at least 250,000 applications, of which some 100,000 in households category. The capacity limit is 10 kV.

The mechanism is for net metering, which is a system of compensation in electricity. The prosumer, the owner of the solar system that was installed for own consumption, delivers excess electricity to the network and draws it back when his demand exceeds production.

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