Technical FAQs 3

Does Greece have a battery storage subsidy program?

Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.

How much does a mw subsidy cost in Greece?

However, in December 2024, Greece downsized the third auction to 200 MW. The first two auctions concerned projects installed anywhere in Greece, while the third auction involved projects developed in former coal mining regions. The average subsidy price in the third auction exercise came at €52589.16/MW/year.

Which Greek companies were successful at the tender?

Other Greek firms who were successful at the tender are: PPC Renewables with a 50 MW/200 MWh project; Enerkoplan Ιnvestment with a 25 MW/100 MWh project; Ardassa Energy with a 18 MW/72 MWh battery; Arcadia Storage, which is owned by Eunice, with a 10 MW/40 MWh battery; and Plain Solar with a 7.9 MW/31.6 MWh facility.

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