Greece’s energy ministry is working on an energy storage auction in Q1 2023, and should be ready to announce it by the end of the quarter, reported the Energypress website.
The capacity to be allocated for each of two auction rounds is still to be determined. Officials initially intended to evenly split an overall capacity of 900 to 1,000MW between the rounds. They are now reportedly considering allocating a greater share of the total to the first round.
Ministry officials are also reportedly considering whether investors may be required to have secured grid connection for their projects to be able to participate in the auction.
The authorities are looking to create high levels of auction participation and competition. The government plans to allocate €200 million in support for energy storage projects.
As regards energy storage projects for which permits have already been issued, 62 of them, or 22% of the total, are planned to have capacities in excess of 100MW, according to Energypress. Of these, 16 have capacities of more than 200MW. The largest is 300MW.
