Legislative action will soon be taken by the energy ministry for the RES sector and energy storage systems, as well as offshore wind farm development, the key pillars of the country’s energy transition plan, energy minister Kostas Skrekas has told an online event staged by research and policy institute diaNEOsis on “The Energy Sector in Greece and the Climate Crisis”.

“We are preparing an institutional framework for energy storage. RES units cannot operate without storage,” the minister told the event, referring, once again, to a plan for power purchase agreements (PPAs) between industrial enterprises and RES producers.

An institutional framework for offshore wind farms, the energy transition’s second main component, is also being prepared to cover spatial matters and utilization of sea areas as an energy source, Skrekas noted.

Energy efficiency project support programs worth between 4 and 4.5 billion euros are planned to be offered over the next few years for building upgrades, the minister also told the event.

Commenting on electromobility, Skrekas praised the success of recent incentives offered for electric vehicle purchases, noting that 10 percent of new vehicle registrations in 2021 concern electric and hybrid models.