A continual bidding system offering RES auction participants an unlimited number of bids, used for previous sessions, will continue to apply for the next auction, the first to be held under a revised support framework for the sector’s wind and solar energy projects.

Prior to this decision, energy ministry officials had considered limiting bids, for project tariffs, to one per session for investors, from the next RES auction onwards. This one-off bidding system will now be reexamined at a latter date.

Other changes will be introduced as of the next RES auction, including different starting prices for wind and solar energy projects as installation costs for the two RES technologies nowadays differ.

Energy minister Kostas Skrekas recently informed that tariffs for a total capacity of 1,000 MW would be offered at the next RES auction. The ministry, he added, intends to stage one further RES auction within 2022, also for 1,000 MW.