Renewable energy in Greece

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Renewable energy in Greece accounted for 8% of the country's total energy consumption in 2008.[1] 12% of Greece's electricity comes from hydroelectric power plants.[2] In 2015, renewable energy counted for more than 20% of the energy produced in Greece;[3] this excludes energy produced by hydroelectric means, which accounts for more than 8%[3]

In August 2016, a new renewable energy law was approved that aims to further stimulate renewable energy investments by introducing feed-in premiums, competitive tenders, and virtual net metering.[4] Under the new law, the compensation for renewable energy producers will consist of what they receive in the electricity market plus a variable feed-in premium. The latter is the difference between a price depending on market variables (e.g., the system’s marginal price) and a set price decided via a competitive tender.[4] Furthermore, from the beginning of 2017, the new scheme to approve new renewable energy capacity is based on competitive tenders, where the Energy Minister is able to call on a tender for specific capacities and technologies.[4]

Wind power[edit]

Wind power was due to expand[when?] by 352% by 2010 to meet the European target of 20% coverage of energy needs from renewable sources. Previously,[when?] there were 1,028 wind turbines installed throughout Greece and the number was set to reach 2,587 wind turbines before the end of 2010.[5]

According to the Ministry of Environment and Public Works, the system would have a nameplate capacity of 3,372 MW of power from wind alone[when?] compared to 746 MW at the end of 2006.[6] Greece chose to invest primarily to wind power by 77%, while the rest of renewable sources altogether comprise the remaining 23% of production with hydroelectric power being second with 11%.[7][8]

Timeline[edit]

year MW change change %
1987 0.8 0.0 0.0%
1988 0.8 0.0 0.0%
1989 1.1 0.3 27.3%
1990 1.5 0.4 26.7%
1991 3.9 2.4 61.5%
1992 19.4 15.5 79.9%
1993 26.0 6.6 25.4%
1994 26.6 0.6 2.3%
1995 27.3 0.7 2.6%
1996 27.3 0.0 0.0%
1997 27.3 0.0 0.0%
1998 38.8 11.5 29.6%
1999 107.0 68.2 63.7%
2000 237.0 130.0 54.9%
2001 277.0 40.0 14.4%
2002 293.0 16.0 5.5%
2003 409.0 116.0 28.4%
2004 481.0 72.0 15.0%
2005 603.0 122.0 20.2%
2006 750.0 147.0 19.6%
2007 850.0 100.0 11.8%
2008 997.0 147.0 14.7%
2009 1,155.0 158.0 13.7%
2010 1,324.0 169.0 12.8%
2011 1,637.0 313.0 19.1%
2012 1,751.0 114.0 6.5%
2013 1,866.0 115.0 6.2%
2014 1,978.0 112.0 5.7%
2015 2,136.0 158.0 7.4%
2016 2,371.0 235.0 9.9%
2017 2,652.0 281.0 10.6%
2018 2,828.0 176.0 6.2%
2019 3,576.0 748.0 26.4%

Solar power[edit]

Photovoltaic solar tracker in Lixouri
Solar insolation in Greece

The solar energy development in Greece started in 2006 and increased substantially from 2009 because of the high feed-in tariffs introduced and the corresponding regulations for domestic applications of PVs on rooftops.[citation needed] However this mechanism overheated the market creating a big deficit of more than 500 million euros in the Greek "Operator of Electricity Market".[citation needed]

From August 2012 new regulations have been introduced including a temporary tax imposed to all operating PV plants (excluding residential applications), licensing of new PV projects have been put on halt and the feed-in tariffs were drastically reduced.[9]

As of December 2013, the total installed photovoltaic capacity in Greece reached 2,419.2 MWp [10] of which 987.2 MWp were installed in the period between January–September 2013 despite the financial crisis.[11] Greece ranks 5th worldwide with regard to per capita installed PV capacity. It is expected that PV produced energy will cover up to 7% of the country's electricity demand in 2014.[12]

PV in Greece
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Total capacity (MWpeak)[13][14][15] 5 7 9 19 55 205 631 1,543 2,585 2,603 2,613
Watt/capita[15] 55.8 136.7 233.7 236.8 241.7

See also[edit]

References[edit]

  1. ^ "Share of renewable energy in gross final energy consumption %". Eurostat. 2008. Retrieved 24 October 2011.
  2. ^ "Energy". Invest in Greece Agency. Archived from the original on 20 August 2011. Retrieved 26 October 2011.
  3. ^ a b [1]
  4. ^ a b c Ilias Tsagas (2016-08-17). "Greece Approves New Renewable Energy Law". Renewable Energy World. Retrieved 2017-06-03.
  5. ^ "Greece commits for 2,587 wind turbines". Archived from the original on 2012-03-05. Retrieved 2014-03-02.
  6. ^ Rising to the Challenge:the growth of wind power generation in Greece
  7. ^ Greek Ministry of Environment Archived 2014-11-28 at the Wayback Machine
  8. ^ Greece Renewable Energy - Europa Fact Sheet Archived 2012-10-23 at the Wayback Machine
  9. ^ HELAPCO: The Greek PV Market
  10. ^ LAGIE: DAS Monthly Reports
  11. ^ HELAPCO: Total installed capacity January-September 2013
  12. ^ HELAPCO: The Greek PV market
  13. ^ Photovoltaic energy barometer 2007 – EurObserv’ER[permanent dead link] Systèmes solaires Le journal des énergies renouvelables n° 178, p. 49-70, 4/2007
  14. ^ Photovoltaic energy barometer 2009 – EurObserv’ER[permanent dead link] Systèmes solaires Le journal des énergies renouvelables n° 190, p. 72-102, 3/2009
  15. ^ a b Photovoltaic energy barometer 2010-2016 – EurObserv’ER