Renewables

Mitsotakis: Greece set to boost solar power share to 10% in 2022

Mitsotakis Greece solar power share 10 2022

Photo: Prime Minister's Office

Published

November 21, 2022

Country

Comments

comments icon

0

Share

Published:

November 21, 2022

Country:

Comments:

comments icon

0

Share

“The energy transition must continue and it is continuing. As much as for the protection of the environment as for the reasons of energy security,” Greece’s Prime Minister Kyriakos Mitsotakis said and stressed that last year his country has achieved the highest share of solar energy in total gross electricity consumption in Europe.

In a Facebook post, Prime Minister Kyriakos Mitsotakis said that after introducing a mechanism to recover excess revenue from power producers, a similar system is about to be rolled out for electricity suppliers. In his words, Greece is a pioneer on a European level in such efforts, aimed at mitigating the impact of the energy crisis. The proceeds are channeled to the national energy transition fund for subsidizing energy bills.

“The energy transition must continue and it is continuing. As much as for the protection of the environment as for the reasons of energy security,” Mitsotakis underscored. He noted that Greece has reached 8.8% last year in the share of solar energy in gross electricity consumption.

The prime minister said it was the highest level in Europe and added that it is expected to hit 10% in 2022. The data was earlier published by the Hellenic Association of Photovoltaic Companies (HELAPCO).

Furthermore, Mitsotakis stressed that the total new solar power capacity is seen at 1.34 GW for the current year, pointing out that the target for the first nine months was exceeded. It would translate to a combined cumulative level since 2010 of just below 5.5 GW. Total cumulative capacity is set to climb to between 7.3 GW and 7.8 GW next year.

The share of photovoltaics in total electricity production has reached 14.2%.

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

croatia hrvatska elektroprivreda hep loan goverment

Croatian power utility HEP to borrow EUR 400 million

19 December 2025 - Although the 2021-2023 global energy crisis has ended, its consequences will be felt for a long time to come

Aurora bess battery storage Bulgaria Flexible Energy Forecast service

Aurora launches Bulgaria Flexible Energy Forecast service

19 December 2025 - Aurora decided to expand its inaugural Romanian Flexible Energy Forecast service, released in April, and other established forecasts for SEE

rystad power pricing interval bess

EU’s new power pricing interval boosts BESS profit potential – analysis

19 December 2025 - Thanks to the 15-minute trading interval, arbitrage potential on the day-ahead power markets has increased by 14% on average, Rystad says

Bulgaria approves support for BESS projects totaling more than 4 GWh

Bulgaria approves RESTORE funds for over 4 GWh in BESS projects

19 December 2025 - Developers of 31 standalone battery storage facilities in Bulgaria won EUR 117 million from European Union funding