Greek large energy storage cabinet cooperation model

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4 FAQs about Greek large energy storage cabinet cooperation model

Is Greece preparing a new 3.5 GW energy storage program?

A decision published by Greece’s Ministry of the Environment and Energy in the State Gazette last Friday was a surprise for the domestic energy storage sector. The ministry ran a public consultation in late February, proposing a new 3.5 GW energy storage program.

Should Greece invest in energy storage facilities?

Currently there is a growing interest for investments in storage facilities in Greece. Licensed projects mostly consist of Li-ion battery energy storage systems (BESS), either stand-alone or integrated in PVs, as well as PHS facilities .

What is Greece's new battery storage program?

Greece’s new battery storage program has taken into account the areas most congested by the output of renewable power stations as well as the kind of renewable projects connected to the grid.

What is the future of battery storage in Greece?

Overall, following last months public consultation, the Greek ministry of the environment and energy presented a bolder and even more ambitious battery storage program, allowing for longer completion times but retaining the financial and competition guarantees in place.