The legal framework for offshore wind farm investments has been completed and final decisions at the energy ministry are expected soon, sources have informed.
Competitive procedures offering offshore areas to prospective investors is the most probable approach that will be adopted for this emerging sector in Greece, the sources added.
Floating offshore wind parks are expected to emerge as the favored technology as a result of the great depth of Greek seas.
The current proposal at the minister’s office entails the staging of tenders even for preliminary research, an approach that has been adopted by other EU member states.
But this could change in favor of a model preferred by market players, through which offshore concessions would be made available to investors following related applications for preliminary research such as wind velocity measurements.