How much will solar power cost in ?
As for the auctions to take place in , the prices were set at EUR 70 per MWh for PV and at EUR 83 per MWh for wind farms. Investors that win at the joint tenders will have a maximum of 36 months to realize wind projects and 30 months for PV. In the case of special auctions, the time is set at 23 months for solar power and 24 months for wind.
How much is a feed-in tariff for a solar project in Greece?
The new law has also put an end to feed-in tariffs for solar projects up to 500 kW in size. Developers of such installations with the necessary licenses can sign contracts with Greece’s Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh.
How many GW of solar capacity does Greece have?
Image: Sandia National Laboratories, Wikimedia Commons Since , 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.
Will there be a solar auction in ?
There will be a joint auction in the second quarter of for 500 MW in wind and PV, followed by a joint auction for renewable electricity projects with storage for 200 MW in total.
How much does a wind farm cost in ?
The maximum prices are the same as in last year’s auction for domestic projects. As for the auctions to take place in , the prices were set at EUR 70 per MWh for PV and at EUR 83 per MWh for wind farms. Investors that win at the joint tenders will have a maximum of 36 months to realize wind projects and 30 months for PV.
How much does electricity cost in Greece?
Developers of such installations with the necessary licenses can sign contracts with Greece’s Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh. Projects up to 1 MW in size for energy communities or farmers will get a feed-in tariff of €68.87/MWh.
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