New RES support framework, featuring changes, imminent

The energy ministry appears to have taken initiatives intended to increase capacity quantities offered at RES auctions and also retain national control over the determination of these quantities, depending on developments, given the more ambitious National Energy and Climate Plan (NECP) for the installation of a greater number of RES units, reflecting loftier EU goals, energypress sources have informed.

A draft detailing the new RES support framework for Greece has been finalized following talks between the energy ministry officials and European Commission officials and is now in the hands of the finance ministry’s Central State Aid Unit (KEMKE), responsible for the framework’s official implementation, expected in a few days.

Considerable changes have been made to an initial plan announced by former energy minister Kostis Hatzidakis, not only in terms of the number of auctions to be staged and capacities offered, but also in terms of its overall principles, sources noted.

The new framework makes no mention of an initial Greek proposal for six auctions, each offering 350 MW, for a total of 2.1 GW, but it does call for a capacity of at least 3 GW.

It also includes provisions for geographically based auctions covering areas such as Crete, Evia and the Cyclades, as well as special procedures for small-scale PVs.

In addition, the auctions will not need to be held by 2023 but will be extended until 2025, based on EU directives.

Through the new RES support framework, wind and solar farm energy investors will, through competitive procedures, secure feed-in tariffs for twenty-year periods.