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POWER: Greece Eyes Raising BESS Auction to 3.5GW

POWER
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 The Greek Energy ministry is moving forward with plans to auction 3.55GW of standalone battery capacity, significantly increasing the initial target due to strong investment interest, it said, cited by Energypress.

  • The allocation includes 2.65GW for projects connecting to power grid operator IPTO and 900MW for those linking to Deddie. This is up from 1.5GW previously planned to be auctioned.
  • Awarded battery projects must submit a declaration of readiness within 14 months.
  • A public consultation on a ministerial order has concluded, with a review of feedback expected to wrap up in the coming days.
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 The Greek Energy ministry is moving forward with plans to auction 3.55GW of standalone battery capacity, significantly increasing the initial target due to strong investment interest, it said, cited by Energypress.

  • The allocation includes 2.65GW for projects connecting to power grid operator IPTO and 900MW for those linking to Deddie. This is up from 1.5GW previously planned to be auctioned.
  • Awarded battery projects must submit a declaration of readiness within 14 months.
  • A public consultation on a ministerial order has concluded, with a review of feedback expected to wrap up in the coming days.