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POWER: Greece Eyes Investment Draft Bills for Hydrogen, CCS and Biomethane

POWER
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Greece is set to present three draft bills outlining regulatory and investment frameworks for the hydrogen, biomethane, and CCS markets, Energy Minister Thodoros Skylakakis said, cited by EnergyPress.

  • All three markets rely on EU Recovery and Resilience Facility funds, with hydrogen and CCS projects receiving €260mn but these must be completed by mid-2026.
  • Key projects being built in Greece is EnEarth’s Prinos Storage CO2 project, which secured €150m in aid for phase one, with €120m from the Connecting Europe Facility for expansion.
  • Meanwhile, Motor Oil's green hydrogen and SAF project, which includes a 50-MW electrolyser plant, has secured a €110mn subsidy.
  • The European Commission has urged Greece to speed up regulatory progress to establish these markets.
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Greece is set to present three draft bills outlining regulatory and investment frameworks for the hydrogen, biomethane, and CCS markets, Energy Minister Thodoros Skylakakis said, cited by EnergyPress.

  • All three markets rely on EU Recovery and Resilience Facility funds, with hydrogen and CCS projects receiving €260mn but these must be completed by mid-2026.
  • Key projects being built in Greece is EnEarth’s Prinos Storage CO2 project, which secured €150m in aid for phase one, with €120m from the Connecting Europe Facility for expansion.
  • Meanwhile, Motor Oil's green hydrogen and SAF project, which includes a 50-MW electrolyser plant, has secured a €110mn subsidy.
  • The European Commission has urged Greece to speed up regulatory progress to establish these markets.