EU subsidies of up to 40% for energy communities, minister reveals

A development plan for energy communities, promising decentralized, locally generated energy solutions, will, for the first time, be supported by EU subsidies covering up to 40 percent of investments, energy minister Giorgos Stathakis has revealed.

An initial sum of 25 million euros will be made available for these subsidies through the National Strategic Reference Framework (ESPA), the minister informed.

Stathakis was responding to appeals by solar energy producer representatives and farmers using PV systems for RES output tariff increases.

Stathakis urged farmers to create energy communities and benefit from the EU subsidies. The minister left open the possibility of talks that could lead to improved terms for energy communities.

Energy communities enable electricity consumers to also become producers through renewable energy output, while municipalities and regional authorities can establish localized energy policies.