Solar controls as Greece's tech-neutral public auction takes rates listed below 5-euro-cent mark
- Solar has actually asserted the leading place at Greece's second-ever technology-neutral sustainable public auction, creating costs listed below the 5-euro-cent-per-kWh mark as it got all agreements however one.
Brand-new numbers from regulatory agency RAE reveal solar candidates scooped up 350MW of the 502.94 MW in feed-in premia dispersed under an on the internet public auction along with wind power, held in between 10:00 and also 10:30 AM on 2 April 2020.
Individuals began bidding process from ceiling rates of EUR0.06132/ kWh (US$ 0.066/ kWh) however the leading solar champion-- a 200MW project utility PPC is preparing in Eordaea, near the northwest city of Kozani-- was selected at a reduced EUR0.04911/ kWh (US$ 0.05306/ kWh).
The 3rd and also 2nd biggest solar contract-winners (see table listed below) racked up likewise low tariffs, at around EUR0.051/ kWh (US$ 0.055/ kWh). Every other PV project-- in addition to the 153MW single wind power champion-- was acquired at costs of around EUR0.055/ kWh (US$ 0.059/ kWh).
Leading 3 solar champions of Greece's tech-neutral public auction
| Project company name | Location | Capacity | Price |
|---|---|---|---|
| ILIAKO VELOS ENA S.A. | Eordaea, Kozani | 200MW | €0.04911/kWh |
| EMV Α.Ε. | Evrota | 70MW | €0.05068/kWh |
| HELIOTHEMA ENERGY S.A. | Thebes | 42MW | €0.05087/kWh |
Resource: RAE
Nation with 7.7 GW PV aspirations cuts licensing red-tape
Solar's audio efficiency on 2 April 2020 mirrors the outcomes of Greece's very first technology-neutral eco-friendly tender, kept in April 2019. 6 of in 2014's 7 public auction agreements were nabbed by market projects, consisting of a 203.4 MWp plan just recently offered by EPC juwi to oil company HELPE.
Greece's auctioning schedule is suggested to assist provide big eco-friendly power objectives this years. The current nationwide power strategy dedicates the nation to taking mounted PV capability to a collective 7.7 GW by 2030, up from the 2.76 GW at the end of 2019. according to IRENA.
In workplace given that last July, the federal government of the centre-right New Democracy celebration has actually acted to reduce sustainable licensing obstacles. From brand-new certifications to committed computer system registries, the brand-new procedures are implied to reduce hold-ups for licenses, claimed to get to 3-4 years when it comes to PV.
The rate landmarks seen with technology-neutral public auctions have actually contrasted until now, with an extra soft feedback to PV-only tenders. As recorded by PV Tech, the solar-specific workouts of last July as well as last December both finished in undersubscription.