Aenaos

Ministry pushes for energy-storage project progress

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Deputy energy minister Alexandra Sdoukou has made clear her determination to remove obstacles that could delay investments concerning the installation of standalone batteries by companies that submitted successful bids to a first energy-storage auction.

Swift development of energy-storage projects is seen as crucial by the energy ministry so that the need for RES output cuts, performed to prevent grid overloading, may be restrained.

Earlier in the week, the deputy minister chaired a meeting involving various sector officials for an update on the progress of standalone battery projects, equipment orders, plans and timetables.

Aristotelis Aivaliotis, the energy ministry’s General Secretary of Energy and Natural Resources, officials from power grid operator IPTO and RES market operator DAPEEP, as well as the heads of renewable energy and storage projects all took part in the meeting.

Sdoukou appeared determined to speed up procedures concerning the issuance of connection terms for energy storage projects and to also establish a system for monitoring their progress. Investors were asked to send monthly reports on the progress of projects.

At the meeting, IPTO ensured that all RES projects with standalone batteries will have received connection terms by the end of February. Also, the deputy energy minister asked DAPEEP, the RES market operator, to prepare operational contract details.

A total of twelve energy-storage projects developed by seven companies secured the first auction’s entire capacity of 411 MW at an average price, for a year, of 49,748 euros per MW.

Helleniq Energy and Intra Energy (Intrakat) submitted successful bids for three projects each, PPC Renewables secured operational support for two projects, while Aenaos (Mytilineos), Energiaki Techniki, Energy Bank and the Agapi Ilios energy community submitted successful bids for one project apiece.

Energy storage auction winners list disclosed: 12 projects, 7 bidders

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A list of twelve energy-storage projects that won the bidding in an auction staged by RAAEY, the Regulatory Authority for Waste, Energy and Water are being promoted by a total of seven successful participants.

Helleniq Energy and Intra Energy (Intrakat) are each behind three of these 12 projects, PPC Renewables bid successfully for two projects, while Aenaos (Mytilineos), Energiaki Techniki Anaptyxiaki, Energy Bank, and one energy community bid successfully for one energy storage project each.

RAAEY is expected to officially announce the details, including bidding levels, of the twelve winning projects, to share roughly 400 MW, immediately following a board meeting today.

The lowest bid, 34,000 euros per MWh, for a year, was submitted by Helleniq Energy and the highest, 64,000 euros per MW, for a year, was lodged by Intra Energy, it has already been disclosed.

According to energypress sources, the finalized list stands as follows: Helleniq Energy – approximately 100 MW, divided into three projects (50 MW, 25 MW, 25 MW); Intra Energy – approximately 100 MW, divided into three projects (50 MW, 25 MW, 25 MW), PPC Renewables – approximately 98 MW, divided into two projects (50 MW and 48 MW); Aenaos (Mytilineos), one project (48 MW); Energiaki Techniki Anaptyxiaki, one project (7.8 MW); Energy Bank, one project (50 MW); Energy community (8 MW).