Greece Announces Guarantees Of Origin Auction Schedule

• Greece's DAPEEP has announced the auction schedule of the country's Guarantees Of Origin program
• The maiden tender is planned to be held on June 26, 2024 for renewable energy sources
• The remaining 2 rounds are tentatively scheduled for September 25, 2024 and December 11, 2024

Greek renewable energy market operator DAPEEP has announced June 26, 2024 as the day it will hold the 1^st tender of its Guarantees of Origin auctions for renewable energy.

This will be the country's 1^st of 3 auctions it plans to conduct in 2024 for electricity produced from renewable energy sources. Under the 1^st auction, DAPEEP will issue certificates for renewable energy produced during Q4/2023.

The 2^nd auction round is tentatively scheduled for September 25, 2024, for electricity produced during Q1/2024. The last of these 3 auctions is planned for December 11, 2024, to cover electricity production in Q2/2024.

The Guarantees of Origin will be offered for 3 products, namely grid-connected solar PV systems, grid-connected wind power stations, and solar PV and wind farms in non-interconnected regions.

For each of the products, DAPEEP will hold a separate auction per 3-hour period, starting from 11:00 AM, 2:00 PM, and 5:00 PM local time.

Earlier this year, Greece's Regulatory Authority for Waste, Energy and Water (RAAEY) launched a 200 MW auction for wind and solar power plants as the country's 1^st under the European Union's cross-border energy trade for countries in the European Economic Area (see Greece Opens Cross-Border Renewable Energy Auction).