Greece adds storage to solar tenders

The Greek parliament has approved a new law introducing renewable energy policies for auction design and small projects with stable feed-in tariffs. Since 2016, when Greece introduced its competitive auction framework for renewable energy and held its first PV tender, the country has awarded more than 2 GW of solar capacity. Awarded projects typically participate in the energy market and secure variable feed-in premiums on top of market prices. The value of these premiums depend on a number of market variables, such as marginal price, in addition to tariffs set via competitive tenders. This policy ...

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