- Greece has announced a cross-border energy auction for wind and solar power plants
- The 200 MW auction will admit projects located in Bulgaria and Italy, members of the EEA
- Solar PV plants with over 1 MW capacity will be eligible with a €54/MWh tariff cap
Greece has opened a new renewable energy auction round for wind and solar power plants through the country’s Regulatory Authority for Waste, Energy and Water (RAAEY). The 200 MW tender is the country’s 1st under the European Union’s cross-border energy trade for countries in the European Economic Area (EEA).
Proposals are invited from wind and solar power facilities located in countries within the EEA, in this case within Bulgaria or Italy.
The tender for state support from the Greek government is open to solar PV plants with over 1 MW capacity with a ceiling tariff of €54 ($59)/MWh. Bids for wind power facilities with over 6 MW capacity are capped at €63 ($69)/MWh.
Winning projects, having secured interconnection rights, will need to sell electricity generated on the Greek day-ahead market.
The last date to submit bids is March 11, 2024, according to the tender announced in the Greek gazette with FEC no. 7486.
At the end of June 2023, Greece’s total installed solar PV capacity stood at 5.8 GW according to the country’s Renewable Energy Sources Operator and Guarantees of Origin (DAPEEP). The country targets to expand its share in the national electricity mix to 14.1 GW by 2030 and to 34.5 GW by 2050 (see Greece Targets 34.5 GW Total PV Capacity By 2050).
