Greece to tender approximately 482 MW of PV in July, established storage space structure

• The Greek power regulatory authority stated on Wednesday that it intends to tender approximately 482 MW of brand-new solar ability on July 27 for plants approximately 20 MW in dimension.

Greece's following renewable resource tender will certainly happen on July 27, with 2 different sets of ability up for grabs, according to a news today by the nationwide power regulatory authority (RAE).

The very first part of the tender will certainly concentrate on solar plants approximately 20 MW in dimension, with strategies to honor as much as 482.03 MW of PV capability. The 2nd part of the purchase workout will certainly be for wind ranches as much as 50 MW dimension, with as much as 481,45 MW of ability available.

Financiers that have an interest in taking part in the tender demand to send digital applications to RAE by 5 p.m. (GMT +3) on June 29. If their applications certify to take part in the tender, solar capitalists will certainly be able quote from EUR0.063 (0.06 )/ kWh, while the beginning bid for wind power projects has actually been evaluated EUR0.06299/ kWh.

Capitalists can send applications to join the tender without the requirement to recommend tolls. Bidding process will just happen digitally on the day of the tender, by utilizing the regulatory authority's software program to guarantee complete openness.

The power regulatory authority is making use of the application procedure to certify financiers as well as projects that satisfy the public auction demands. The regulations call for project programmers to hold generation licenses and also grid-connection contracts, along with providing financing warranties.

Tender regulations

A previous registration policy-- calling for both solar PV as well as wind power tenders to be oversubscribed by a minimum of 40%-- additionally continues to be legitimate for the July 27 tenders. This is the reason that the authorities may wind up granting much less ability than prepared in the upcoming summer season tenders. For solar PV particularly, the tender registration guidelines suggest that a minimum of 674,8 MW of PV need to get in the tender for the complete 482 MW of ability to be alloted in July.

The regulatory authority just recently approved generation licenses for a minimum of 800 MW of PV capability, pv magazine has actually discovered. Nevertheless, this does not always imply that every one of this ability will certainly certify to join the tender, as qualified projects should additionally have grid-connection arrangements in position as well as give monetary warranties.

Winning PV projects approximately 1 MW in dimension in the July public auction will certainly require to attach to the grid within 12 months. Solar ranches as much as 5 MW as well as projects larger than 5 MW will certainly have 15 as well as 18 months to attach to the grid, specifically.

Greece's power regulatory authority claims there have to do with 2.1 GW of renewable resource projects granted through the nation's tender regimen that are presently under advancement.

In April, the authorities held a renewable resource tender that resulted in the most affordable toll ever before granted to a renewable resource project in the nation. A 200 MW solar PV plant was given to state-owned Public Power Corp. (PPC) for a record-breaking EUR0.04911/ kWh. Pay Per Click Renewables, the renewable resource arm of PPC, will certainly auction off the project's EPC tender on May 28.

Storage space structure

On the other hand, Greece is preparing to develop a power storage space structure that will certainly permit the nation to reach its renewable resource objectives, embeded in the current nationwide power prepare for 2030.

RAE organized a webinar recently concentrating on power storage space in Greece. The webinar was participated in by several of Greece's a lot of elderly preachers, in addition to several power stakeholders, consisting of the nation's leading solar PV organizations.

Adonis Georgiadis, the preacher for advancement as well as financial investment, informed the webinar that the existing Covid-19 situation need to function as take advantage of to quicken the improvement of the nation's power system. He included that Greece needs to discover ingenious remedies to assist it to attain its power and also advancement objectives.

The conversation likewise concentrated on a research study project appointed by RAE and also created by the National Technical University of Athens (NTUA). Stavros Papathanasiou, a teacher in the NTUA institution of electric design, suggested that Greece will certainly require a mix of huge pumped hydroelectric power storage space systems with smaller sized battery storage space systems. The very first would certainly be made use of for longer-duration storage space, over 6 hrs, while the last could be made use of to save power approximately 4 hrs.

Papathanasiou stated Greece will certainly require concerning 1,500 MW to 1,750 MW of brand-new power storage space ability in order to satisfy 60% of its 2030 electrical power requires by means of renewable resource, which remains in line with Greece's nationwide power prepare for 2030. Of this ability, NTUA research study recommends that 500 MW might come by means of battery systems, with the remainder ahead from hydroelectric power storage space.

Greece's vice-minister for power and also the atmosphere, Gerasimos Thomas, claimed that the NTUA study would certainly assist the federal government to measure its power storage space objectives. The ministry's basic assistant for power and also nonrenewable fuel source sources included that Greece will certainly require to spend concerning EUR500 million by 2025 in order to reach its electrical energy objectives.

The Greek authorities stated in September that they will certainly terminate coal by 2028, with the majority of lignite plants to be removed the grid within the following couple of years.

Federal government stakeholders stated throughout the RAE webinar that the federal government is not wasting time. A Greek power storage space structure will likely be come up with for public assessment in the following couple of months.