Stalled RES projects totaling 3.6 GW to face ultimatums

RES projects that have received final connection offers in the past from power grid operator IPTO but have remained stagnant as a result of failing to submit contract applications will be set deadlines, as part of an energy ministry effort to free up urgently needed grid capacity.

A related amendment has been included in an energy ministry multi-bill covering a range of matters. It will be taken to Parliament next week for debate and ratification.

Older RES projects representing a total capacity of 2.4 GW are estimated to have stalled since receiving final connection offers, along with a further 1.2 GW in green-energy projects that had submitted their applications collectively.

Sector officials believe that older RES projects representing 1.5 GW of this 3.6 GW tally in stalled projects will be withdrawn as a result of the deadlines to be set by the energy ministry, freeing up coveted space for new RES investments.

According to the ministry’s new terms, RES projects that received final connection offers up until December 31, 2020 will need to submit their contract applications by June 30, 2023. RES projects that received final connection offers between January 1 and December 31 in 2021 will have until August 31, 2023 to submit contract applications.

RES units currently operating in Greece represent a total capacity of 11 GW.