How many MW of new battery storage capacity does Greece have?
The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program. The projects range in size from 8,875 MW/17,75 MWh to 49,9 MW/100 MWh).
Does Greece have an energy storage system?
Greece's energy storage scheme allows projects from the European Economic Area (EEA) outside of Greece, provided there is an electricity interconnection and fully coupled power grids between Greece and the EEA country. Currently, only Bulgaria meets these expectations.
How many energy storage auctions are there in Greece?
Greece’s energy regulator has announced three separate auctions for standalone energy storage systems connected to electricity transmission networks. The application process for the first auction, which involves 400 MW of energy storage, will be open until July 10.
How long should energy storage be in a Greek power system?
Considering the energy arbitrage and flexibility needs of the Greek power system, a mix of short (~2 MWh/MW) and longer (>6 MWh/MW) duration storages has been identified as optimal. In the short run, storage is primarily needed for balancing services and to a smaller degree for limited energy arbitrage.
Which energy storage projects will be included in Greece's energy tenders?
The program’s first and second tenders will focus on standalone energy storage projects connected to the Greek electricity transmission network. The tenders exclude the island network of Crete, which was linked to Greece’s mainland power grid in 2021.
How much will Athens spend on energy storage?
pv magazine has determined Athens will devote €450 million of the €30.5 billion it expects to secure from the EU's post-Covid recovery and resilience facility, to energy storage. Of that €450 million, around €200 million will be channeled into battery facilities, via the planned 700 MW tender.
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