Renewables

Greece to auction 423 MW in solar, wind capacities on December 10

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October 23, 2018

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Published:

October 23, 2018

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Greece’s energy regulator, RAE, will hold three auctions on December 10 for a total of 423 MW of renewables capacities, including 194 MW of solar and 229 MW of wind capacity, according to an announcement on the regulator’s website.

RAE will auction a total of 94 MW for photovoltaic (PV) projects with an installed capacity of up to 1 MW; a total of 100 MW for PV projects with an installed capacity of over 1 MW and up to 20 MW; and a total of 229 MW for wind farms with an installed capacity of over 3 MW and less than 50 MW.

The deadline for the submission of applications to take part in the descending-price renewable energy auctions is November 12.

According to earlier reports, the starting prices in the auctions will be based on the best prices obtained in the first regular competitive auctions RAE held on July 2, when it awarded premiums for a total of 277.32 MW in wind and solar photovoltaic (PV) capacities. The prices obtained in the July 2 auctions were lower than in the December 2016 pilot tender.

On July 2, a total of 53.48 MW was awarded for 83 small PV projects, with a capacity of over 500 KW and up to 1 MW. The price range in this category was from EUR 75.87 to EUR 80 per MWh. Greece’s Egnatia Energia dominated in this category, winning 43 projects with a total capacity of around 34 MW.

In the category of PV projects of over 1 MW and up to 20 MW, a total of 52.92 MW across eight projects went for prices of between EUR 62.97 and EUR 71 per MWh. Germany’s ABO, which offered the auction’s lowest prices, won five projects with a total capacity of 45 MW.

In the third auction category, 170.92 MW of wind capacity across seven projects was auctioned off for prices of between EUR 68.18 and EUR 71.93 per MWh.

Spain-based EDP Renovaveis (EDP Renewables), a subsidiary of Portugal’s EDP Group, said it was awarded a contract for difference (CFD) for the largest project in this category, a 45 MW Livadi Wind Farm expected to launch operations in 2020. This is the company’s first move in Greece.

WindEurope, a Brussels-based association promoting wind power in Europe, has meanwhile welcomed the launch of the auction system, but it also called on Greece to include ambitious wind commitments in its national energy and climate plan it will need to submit by the end of 2019.

2020 targets out of reach except for solar

Greece’s renewable energy targets for 2020 appear to be unattainable, with the exception of the solar energy sector, energypress wrote recently, citing the latest official industry data.

The 2020 target of 2,200 MW for the PV sector has already been reached, with the existing capacities totaling 2,250 MW.

However, the wind energy sector, including offshore stations, is well behind on its 2020 target of 7,500 MW. Installations currently total 2,770 MW.

At the same time, the biomass sector’s capacities total 67 MW, compared to the 2020 target of 350 MW.

The installed hydropower capacities stood at 3,450 MW in August, well below the 2020 target of 4,650 MW.

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