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How is Greece transforming its energy needs?

Posted by: Sharon Dunleavy
03/03/21

Greece, particularly the Greek Islands, are keen to move to renewable forms of energy. For some of the smallest islands it appears to be the best solution to provide them, not only with sustainable energy, but also a more secure future. In the following articles you can read how organisations are working together with Government agencies and communities to bring renewable energy solutions into households.

Greece approves 2.8GW renewables investment - By Edith Hancock December 24, 2020

The Greek government has approved four investments into new renewable energy projects totalling 2.8GW capacity as part of the country’s economic recovery from the COVID-19 pandemic.

More than €2 billion (US$2.44 billion) is to be spent on four investment projects in renewable energy plants, including €888 million (US$1.83 billion) on 1.5GW of solar PV parks across 12 regions of Central and Northern Greece, and a further €421.6 million (US$514.1 million) on 37 PV plants with a total capacity of 830MW in Larissa, Magnesia and Kilkis.

The remaining investment will go towards one offshore wind development with 360MW, and a 120.3MW onshore wind project in Xanthi and Rodopi.

Minister for development and investment Adonis Georgiadis said the adoption of strategic investments to fund the country’s solar expansion “continues uninterrupted” despite the economic disruption brought on by COVID-19.

The funding was given the green light by Government officials during a virtual meeting on 21st December and the deputy minister for development and investment, Nikos Papathanasis, said investment in solar projects is “imperative” to job creation and a rebound from the global pandemic.

“We adopt strategic investments and create a dynamic business environment,” he said, “removing barriers and speeding up processes.”

Read the full article here: https://www.pv-tech.org/greece-approves-2-8gw-renewables-investment/

Floating solar power projects to back Greek renewables drive - By Luka Dimitrov January 22, 2021

Greece is expected to double its combined wind and solar capacity from 6.9GW in 2020 to 15GW in 2030, according to ICIS Power Horizon modelling. On 12th January, the Greek energy ministry unveiled plans for speeding up the renewable licensing regime and investing in new technology. RAE’s new electronic platform has already issued licences for 6.1GW total renewable capacity. The new platform, announced on 26 November, is part of a package of long-term measures aimed at liberalising Greece’s renewable sector.

Last May, the Greek government adopted a new environmental bill aimed at easing the renewable licensing procedure and growing applications for the construction of new floating photovoltaic (FPV) plants in Greece are expected to support Greek renewable 2030 targets. Greek energy firm GEK TERNA applied for producer’s certificate for three FPVs with 265MW total capacity and the company has said it will invest €170m in the projects. FPVs have huge potential in Greece as the country is a marine nation and its landscape offers a lot of opportunities for this technology.

Find out more here :https://www.icis.com/explore/resources/news/2021/01/22/10598695/floating-solar-power-projects-to-back-greek-renewables-drive

Electric Islands: Greek Embrace of Renewable Energy - By Antonio Collison 2 weeks ago

After the island of Tilos banned hunting in the late 1980s, brown and white eagles became regular visitors. Residents were inspired to turn the island into a “green” reserve of plants and wildlife. Tilos is now the island that built the first hybrid power plant with batteries in Southern Europe. This could be an example of another isolated community trying to be environmentally friendly. Nature maintenance consultant Tasos Dimalexis was asked to find a turbine site as part of Tilos’ €15 million clean energy project developed by engineers at the University of West Attica (UNIWA), funded by the EU. The turbines installed in 2017 now produce about three-quarters of the island’s energy in the summer and surplus in the winter.

On the small island of Agios Evstratios, an island smaller than Tilos with a population of 250, residents are eagerly awaiting the start of construction of a hybrid power project similar to Tilos. If all goes well, Terna Energy, a subsidiary of Greece’s largest construction company, will begin work this year with EU funding of €6 million.

Greece has recently adopted large-scale renewable energies as part of its plans to become carbon-neutral by 2050. Climate change is driving changes in geopolitics and industry, driven by the renewable energy boom. According to Francesco La Camera, Secretary-General of the International Renewable Energy Agency renewable energy is becoming the centre of energy security in island nations around the world.

“The majority of the islands are exposed to price and supply fluctuations because they rely on imported fuels for their energy needs. Especially small islands who have some of the highest electricity bills in the world,” Francesco said. “These efforts build resilience on the island’s energy system and economy while addressing the need for decarbonization in line with climate goals.”

Thanks to renewable energy, some of Greece’s most remote islands have finally gained a sustainable future.

You can read more here: https://eminetra.co.uk/electric-islands-greek-embrace-of-renewable-energy/288355/

PPC board clears 2-GW Greek renewables JV with RWE Wind turbines in Greece – By Veselina Petrova February 15, 2021

The 2-GW renewables joint venture proposed by PPC SA and German energy major RWE AG has been approved by the Greek utility. The head of terms for the cooperation was cleared by the Greek state-owned company’s board of directors last week, according to a bourse filing. Under the plan, PPC Renewables and RWE Renewables GmbH, will jointly contribute to the development of an up to 2-GW portfolio of projects in Greece. The duo is said to be looking to develop the first batch of projects early in 2022, giving priority to projects in Greece’s Western Macedonia region.

Read the article here: https://renewablesnow.com/news/ppc-board-clears-2-gw-greek-renewables-jv-with-rwe-731202/

In summary, the future of renewable energy in Greece appears to be extremely positive with many projects currently in progress and new investment and changes to governmental policies aiding the process nicely. Given the speed at which these projects are starting to move, 2021 looks likely to be a busy year for the renewables sector. The WRS Renewables Division is excited to be part of the Greek energy transformation and are here to help you with any of your recruitment needs whether Client or Candidate. See our website for further details at www.worldwide-rs.com.

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