Greece to hold 1st energy storage tender by end-March - report

The Greek government is expected to launch the country’s first tender for battery energy storage capacity at the end of this year’s third quarter, Energypress reports.

The competition will be the first of two rounds through which the state will seek to allocate some EUR 200 million (USD 213.8m) in funding from Greece’s Recovery and Resilience Facility. The ultimate goal is to award between 900 MW and 1,000 MW of capacity. Supposedly, the initial tender will seek to distribute a higher volume than the second one.

In September 2022, the European Commission (EC) gave the thumbs up to Greece’s plan to spend EUR 341 million on the construction and operation of up to 900 MW of grid-connected energy storage systems. It was then announced that developers would be awarded contracts by the end of 2023 and would be required to bring the proposed facilities online by end-2025.

The Energy Ministry is currently working to set up the rules for the upcoming solicitation but two more months are seen to be required to clear all details, according to the report. Unnamed sources have said that investors may be required to have secured grid-connection for their projects in order to take part in the tender process.

(EUR 1.0 = USD 1.069)

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