The energy ministry has published a plan to radically simplify the renewable energy permitting process. The new system is expected to come into force as early as next month and will be applied retroactively to address a 22-month backlog in generation license applications.
Greece’s energy regulator has announced the results of the country’s latest round of tenders for renewable energy, which saw the incumbent utility offer the country’s lowest bid for a solar PV project.
Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.
Greece’s largest international airport has set a goal to operate as a net zero carbon emitter by 2025, mainly via investing in on-site solar. Should the goal be met, the airport will be Europe’s first to rely on self-generated electricity and operate with net zero emissions.
Beijing already owns 24% of Greece’s electricity transmission system operator and has pledged to back a new Greece-EU funded interconnector to Crete which is set to open up more possibilities for solar on the island. The arrival of two of China’s biggest lenders also offers the prospect of new investment in renewables.
Economic thinktank Carbon Tracker used financial modeling to determine the profitability of every coal power plant in the EU. On average, 79% of the facilities run at a loss, with Germany, Spain and Czechia among the states particularly exposed to the consequences – for coal investors and the public.
The nation’s energy regulator today announced separate tenders for solar and wind generation capacity will be held on December 12.
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