PPAs seen reaching 2.4 GW by ’27, big green energy interest

Bilateral energy agreements to be established by RES producers with energy buyers in the Greek market are expected to represent a total capacity of 2.4 GW by 2027, highlighting the significant investment interest in the country’s green energy market, a study conducted by Grant Thornton on behalf of the Greek energy exchange has shown.

This projection was included in a Grant Thornton feasibility study concerning the establishment of a platform for PPAs (power purchase agreements) at the Greek energy exchange.

The Grant Thorton study, along with a supplementary study conducted by Afry, were presented at a plenary session held yesterday by RAE, the Regulatory Authority for Energy, ahead of consultation, enabling comments and observations, to be launched today.

Manolis Kalaitzakis, Director of Strategy and Development at the Greek energy exchange, plans to hold a series of meetings with interested parties, including producers, off-takers, traders, banks, and energy ministry officials, to determine how the market views a potential energy exchange platform for PPAs.