← All news

EU commission approves Greek support scheme for renewable energy

Wednesday, 16 November 2016

Håkon Grepperud

  Interactive charts, tables and graphics removed. Subscribers see full content

Greece has committed to source 18% of its energy from renewable sources by 2020. In order to achieve its goal, the country presented plans to support electricity from renewable energy sources and high-efficiency cogeneration. The European Commission approved those plans on 16th November, 2016.  

The support scheme provides support through a feed-in tariff scheme for small power plants and for plants on non-interconnected islands. Installations with capacity above 500 kW will be supported via a market premium over a period of 20 to 25 years. As of 1st January 2017, renewable...

Interested in Green Certificate pricing, insights and analytics?

Contact us to get a free trial.