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POWER: Greece's 3rd Batteries Auction Sees Subdued Turnout,

POWER
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The third standalone batteries auction in Greece saw a subdued turnout, with 21 applications offering 200MW of capacity, far fewer than in previous rounds, according to Energy Press.

  • This was a significant drop compared to the first auction, which attracted 95 bids, and the second auction, with 55 participants.
  • The third auction focused on projects in west Macedonia and the Peloponnese regions of Greece, with a 50 MW per application limit.
  • Major participants in the third auction included PPC and Terna Energy, each with a 50MW project, and Faria with also a 50MW.
  • RAAEY, the regulatory authority for energy in Greece will soon assess the applications.
  • Provisional results will be announced on 6 March, with the final results expected by 13 March.
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The third standalone batteries auction in Greece saw a subdued turnout, with 21 applications offering 200MW of capacity, far fewer than in previous rounds, according to Energy Press.

  • This was a significant drop compared to the first auction, which attracted 95 bids, and the second auction, with 55 participants.
  • The third auction focused on projects in west Macedonia and the Peloponnese regions of Greece, with a 50 MW per application limit.
  • Major participants in the third auction included PPC and Terna Energy, each with a 50MW project, and Faria with also a 50MW.
  • RAAEY, the regulatory authority for energy in Greece will soon assess the applications.
  • Provisional results will be announced on 6 March, with the final results expected by 13 March.