Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
However, in December 2024, Greece downsized the third auction to 200 MW. The first two auctions concerned projects installed anywhere in Greece, while the third auction involved projects developed in former coal mining regions. The average subsidy price in the third auction exercise came at €52589.16/MW/year.
The majority of the projects (2,650 MW) belong to Group Γ and will connect to ADMIE as follows per region. A key factor driving companies is that this large capacity will cover all the storage needs Greece will require by 2030.
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three previous auctions.
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Powering Greece’s Energy Future: Battery Storage Projects Are Evolving Beyond Subsidies Battery Energy Storage Systems (BESS) …
Greece''s new €153.7M subsidy program for C&I battery energy storage. Learn how businesses can benefit and how ACE Battery provides tailored storage solutions to …
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone …
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The …
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of …
An investment ‘fever’ is gripping the new energy storage sector as the ministerial decision was published yesterday (March 14, 2025), setting the rules for installations with a …
And secondly, allowing new standalone, in front of the meter batteries without public subsidy support. Both policies might prove important milestones in the country’s energy …
Powering Greece’s Energy Future: Battery Storage Projects Are Evolving Beyond Subsidies Battery Energy Storage Systems (BESS) in Greece are transitioning from early …
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, …
The Greek Ministry of Environment and Energy''s Storage Systems in Businesses program opened this week for the submission of applications, with a budget of EUR 153.7 …
The scheme will offer EUR 153.7 million (USD 157.6m) in financing, the Ministry of Environment and Energy said on Monday. Applications will be accepted by February 28, 2025. …
The new policy can accommodate approximately 13,000 residential applications with an average storage of 8 kWh, offering subsidies of EUR 600-890/kWh for energy storage …
New incentives for energy storage projects in Greece are set to be approved on Thursday, April 3, by the country’s Regulatory Authority for Energy, Waste and Water …
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