x

Sciences

EY Report: Greece Sets Record in Renewable Energy Sources Index

October 19, 2021

ATHENS — Greece ranked 24th among the top 40 global markets in renewable energy sources, a record-high performance for the country, Ernst & Young said in a report. EY made particular mention of the latest renewables tender held in May offering contracts with a total power of 350MW for solar projects up to 20MW and an average charge of 37.6 euros/MWh.

Pricing ranged from 32.97 to 51.2 euros/MWh. EY said the tender included 126 renewable projects with a total power of 1.1GW, a result of last year’s reform in the licensing procedure and the implementation of a rapid digital process for tenders.

Following the restructuring of the licensing procedure, the regulatory watchdog has received applications of a total power of 85GW, raising the total power of possible investments to more than 100GW, significantly more than the 19GW the country needs to achieve a target for participating in the mixture of electricity power by 61 pct until 2030.

RELATED

NEW YORK - Prime Minister Kyriakos Mitsotakis met with United Nations Secretary-General Antonio Guterres in New York on Friday, in the context of his participation in the 78th UN General Assembly meeting this week.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

Video

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.