New transboundary grid interconnections with Bulgaria and Turkey will seemingly play a pivotal role in the sustainability of a new 665-MW gas-fueled power station planned by power utility PPC in Komotini, northeastern Greece, judging by estimates at RAE, the Regulatory Authority for Energy.
The authority has already issued a production license for this unit, which PPC aims to launch by the end of 2024, despite the fact that five other investments plans for new gas-fueled power stations, promising additional total capacity of 3.2 GW, already exist, including a Mytilineos group unit already under construction.
According to a related report submitted by RAE to Greek Parliament, the National Energy and Climate Plan foresees an increase in installed natural gas-fueled power stations from 5.2 GW in 2020 to 6.9 GW by 2025, a 1.7 GW increase.
Given these figures, RAE presumably considers that the development of all planned units will not be possible. Instead, market forces will determine which of the investors will be able to proceed with their plans, based on individual company feasibility studies.
Power grid operator IPTO’s ten-year development plan covering 2021 to 2030, expected to soon be approved by RAE, includes projects designed to bolster the grid in the east Macedonia and Thrace regions of northeastern Greece, and also reinforce the grid interconnections of these regions with the North Aegean islands, Bulgaria and Turkey.