Renewables

Greece working on new energy storage support framework

energy storage support

Photo: Денис Марчук/Pixabay

Published

September 17, 2019

Country

Comments

comments icon

0

Share

Published:

September 17, 2019

Country:

Comments:

comments icon

0

Share

Greece’s energy regulator, RAE, is preparing a new energy storage support framework to foster renewable energy growth, chairman Nikolaos Boulaxis has said at the Thessaloniki International Fair.

The new energy storage support framework should be completed by the end of 2019, Boulaxis said, energypress reported.

“The future of renewable energy is linked to the ability to store it. RES growth and decarbonization cannot be achieved without storage and strong interconnections,” Boulaxis was quoted as saying.

RAE’s chairman said storage system development is vital for the non-interconnected islands as this would encourage RES installations prior to the completion of grid interconnection projects and also offer support to the interconnections.

The energy storage plan has already undergone public consultation. RAE is now working on shaping its proposal in collaboration with the Ministry of the Environment and Energy, responsible for any legislative revisions to be needed.

Also, the plan will soon be discussed with the European Commission for approval details concerning state aid as well as its target model compatibility.

Tesla eyeing microgrids, energy storage in Greece

According to earlier reports, U.S. automotive and energy company Tesla, Inc. is interested in cooperation on modernizing Greek islands’ power grids as part of a strategy to reduce the use of fossil fuels in favor of renewables.

Tesla has reportedly already a pilot project to demonstrate its microgrid system in the region.

Over the years, Tesla has acquired some experience in building microgrids to power remote islands using solar panels and its energy storage systems, like the Powerpack.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Cement maker installs largest self consumption PV plant in Turkey

Cement maker installs largest self-consumption PV plant in Turkey

28 April 2026 - OYAK Cement built a solar power plant for self-consumption of 115.5 MW in peak capacity in Beypazarı in Ankara province

Croatia investments EU ETS proceeds EUR 650 million

Croatia proposes investments from EU ETS proceeds of EUR 650 million

28 April 2026 - Within the framework of EU ETS, Croatia is counting on EUR 650 million through 2030 from auctions of greenhouse gas emission allowances

New Akuo Southeastern Europe interview Bruno Bensasson

New Akuo is powering up in Southeastern Europe

27 April 2026 - The energy crisis is underscoring the necessity of renewables for energy security, alongside climate goals and competitiveness, CEO of Akuo Bruno Bensasson tells Balkan Green Energy News

PPC to invest 24 billion with a focus on Balkan expansion

PPC to invest EUR 24 billion with focus on Balkan expansion

27 April 2026 - PPC boosted its investment plan to EUR 24 billion by the end of the decade, with a focus on renewable energy, gas power plants and data centers