Why Greece is becoming a key energy storage market hub for Europe

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The Greek Minister of Environment and Energy recently announced a 700 MW tender for energy storage, to be issued in the autumn with a procurement of €200 million (US$235 million) in subsidies. In addition, through its Recovery and Resilience Plan, majority-funded by the EU, Greece plans on investing more than €450 million for the installation of 1,380 MW of energy storage (including pumped hydro storage) by 2030.

Greece seems to be bound to represent a key storage market in the next 10 years.

In this webinar, Clean Horizon provided an overall picture of the energy storage market in Greece, highlighted the rising opportunities for investors, as well as:

  • Assessed the rationale for energy storage in Greece as well as suggest the key revenue streams that might become available after the implementation of that new regulatory framework
  • Discussed the main opportunities for energy storage in Greece
  • Covered FCR, mFRR, grid congestion management and interruptibility services

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