Wednesday, 16 November 2016
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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...