Summary
Details
- Greece
Binding for RES developers and operators participating in Greece’s electricity market.
They must:
Secure auction awards or regulatory approvals for support.
Install certified metering systems.
Follow market rules for scheduling, balancing and communications.
Maintain compliance with grid connection terms and construction milestones.
Exceptions:
Very small renewable installations may receive administratively-set tariffs without auctions.
Demonstration or pilot projects may be exempt from competitive bidding.
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What’s Required
Law 4414/2016 redesigns Greece’s system for supporting renewable electricity. It introduces:
Feed-in Premium (FiP) remuneration replaces traditional feed-in tariffs.
Competitive RES auctions for determining support levels for wind, solar, and other technologies.
Priority grid access and guaranteed payments under regulated conditions.
Obligations for RES producers to comply with grid rules, metering, forecasting, and market-participation requirements.
Rules for hybrid projects and energy storage integration.
Important Deadlines
FiP scheme has been active since 2016.
Regular RES auctions are conducted annually, with technology-specific and joint auctions.
Investors must meet project-construction deadlines to retain awarded tariffs.
Current Status
Law 4414/2016 is the foundation of Greece’s modern RES support regime. It aligns with EU state-aid requirements and has driven rapid deployment of wind and PV assets.
Penalties
Loss of support payments for non-compliance.
Financial penalties for failing to meet construction deadlines or metering requirements.
Suspension of grid connection rights in severe cases.
Examples of Known Violations
Projects failing to install required meters or missing commissioning deadlines.
Auction winners are losing FiP eligibility due to delays.
Resources
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