Renewables

Municipalities in Greece get EUR 5.8 million in compensation for RES

Greece Dapeep renewables compensation

Photo: Del Anderson from Pixabay

Published

January 9, 2020

Country

Comments

0

Share

Published:

January 9, 2020

Country:

Comments:

0

Share

The Administrator of Renewable Energy Sources and Guarantees of Origin – Dapeep has said 101 municipalities received compensation for the first half of last year. The sum, which came in at EUR 5.8 million in total, is paid to local authorities with installed power plants that use renewable sources.

There are 325 municipalities in Greece. Head of Dapeep Yiannis Yarentis said the institution is at the forefront of the national effort to further increase the share of green energy and that the role of municipalities is important. The message to the communities is that they can only profit from boosting the capacity for energy from renewables, he added in the statement carried by domestic media outlets.

The chief of the public utility offtaker told Dimitris Papastergiou, president of the Central Union of Municipalities of Greece or KEDE, the priority is to secure the payments. The entity formerly known as Lagie agreed to cooperate with the association with the aim to maximize the benefits from having renewable energy systems.

The law stipulates that green electricity producers excluding those with rooftop units and selfgeneration installations pay 3% of the power sales price before value-added tax to the market operator.

Dapeep then directs one percentage point of the collected money to beneficiary municipalities as an item intended for household consumers within their administrative boundaries. Another 1.7 points is paid to local authorities exclusively for environmental action, development and social support. The remaining 0.3-point chunk is allocated to the Special Fund for the Implementation of City Master Plans and Town Plans or ETERPS, also a green facility.

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

Croatian Chamber of Economy lex specialis for renewables position paper

Croatian Chamber of Economy asks for lex specialis for renewable energy sector

28 March 2024 - The Association for Renewable Energy Sources produced a position paper identifying obstacles and possible solutions

romania delgaz hydrogen 20HyGrid

Romania successfully tests blending hydrogen in natural gas distribution grid, households

28 March 2024 - E.ON Romania declared success in its test of blending hydrogen into the gas network and using the mixture in households.

IRENA-Global-solar-power-capacity-surpasses-hydropower-in-2023

IRENA: Global solar power capacity surpasses hydropower in 2023

28 March 2024 - The world's renewable electricity capacity additions in 2023 hit a record 473 GW, dominated by China. Solar power became the largest segment in total.

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

28 March 2024 - A 105 MW photovoltaic park in the Kozani region, North-West Greece, has become fully operational with the support of ProCredit Bank