Energy Efficiency

Greece earmarks EUR 850 million for energy efficiency, prosumers

Greece-EUR-850-million-energy-efficiency-prosumers

Photo: Pixabay

Published

August 11, 2020

Country

Comments

comments icon

0

Share

Published:

August 11, 2020

Country:

Comments:

comments icon

0

Share

The Greek government has prepared an EUR 850 million program for energy efficiency in the private buildings sector, including incentives for the use of renewable energy for self-consumption and the introduction of solutions for smart homes.

The idea is to introduce energy saving measures in 60,000 households per year until 2030, local media reported. The government will subsidize up to 85% of each investment while the maximum amount per household will be EUR 50,000, according to the Institute of Energy for South-East Europe.

The government will subsidize up to 85% of each investment while the maximum amount per household will be EUR 50,000

The start of the program is planned for this fall, while similar measures could be introduced for public buildings, tourism, and industry in the next phase.

The scheme will also support installing charging points for electric vehicles

The program envisages basic energy saving measures like insulation improvements, but also investments in the energy autonomy of buildings such as the installation of solar photovoltaic systems, and energy storage. The scheme will also support installing charging points for electric vehicles, as well as smart energy management systems, such as smart lighting and the remote control of heating and cooling.

“This program is just the beginning. But we want it to be a good start and to signal the increased emphasis on energy saving actions that are now being given a boost at the European level”, said Greek Energy Minister Kostis Hatzidakis.

He expects the program to be a boost for the entire economy, especially the construction industry.

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

state of energy union report 2024 kadri simson

2024 State of the Energy Union report reveals progress, gap in efforts to meet climate targets

12 September 2024 - The 2024 State of the Energy Union report is out. It is an update on how the EU acted on unprecedented developments and challenges in 2023.

Serbian White Book Waste-to-Energy Belgrade

Serbian White Book on Waste-to-Energy presented in Belgrade

07 September 2024 - The types and composition of generated waste must be determined to be able to manage it, according to the authors of the Serbian White Book on Waste-to-Energy

air conditioners croatia ban law

Croatia imposes fines for installing air conditioners on building façades

27 August 2024 - Croatia has passed a new building management law that bans installing air conditioners on building façades

Revised Greek NECP aims at lower cost, high renewable penetration

Revised Greek NECP halves initial expenditure sum, keeps focus on renewables

09 August 2024 - Greece aims at a less costly and more realistic energy transition through its revised National Energy and Climate Plan (NECP)