Funds sought for pilot-project offshore wind farms

The energy ministry is seeking funds to subsidize the development of pilot-project offshore wind farms at one or two areas identified by EDEYEP, the Hellenic Hydrocarbons and Energy Resources Management Company, among a wider selection, as marine areas appropriate for such projects.

The pilot projects, according to the ministry’s plan, are intended to pave the way for the development of a series of offshore wind farms supporting a capacity target of 2 GW by 2030.

Sector authorities, including Aristotelis Aivaliotis, the energy ministry’s General Secretary of Energy and Natural Resources, as well as Kostas Skrekas, minister of development and investment, have highlighted the importance of these pilot projects, noting they will help establish a local industry supporting the sector’s needs in coming years.

The energy ministry’s initial funding idea, through the decarbonization fund, has yet to receive any feedback from the European Commission, raising doubts, at the ministry, of this route’s prospects.