Mitigation Enabling Energy Transition in the MEDiterranean region

Renewable Energy country policy papers

Resource Mapping and Investment Prospectus in Greece

Markos Damasiotis

Electrical Engineer, MSc NTUA

Head of Development Programmes Division

Centre for Renewable Energy Sources and Saving (www.cres.gr)

+302106603325

October 3rd - Amman, Jordan

www.meetmed.org
 National R.E.S. Targets .2

• The EU requirements set under Directive 2009/28/EC (EEL 140/2009)

provide that the contribution of the energy produced by R.E.S. to the gross
final energy consumption for Greece until the end of 2020 will be 18%.

• The national targets for the R.E.S., as provided by L.3851/2010, are set as
follows:
– Contribution of the energy produced by R.E.S. to the gross final energy
consumption in 2020: 20%.
– Contribution of the electrical energy produced by R.E.S. to the gross electrical
energy consumption: at least 40%.
– Contribution of the energy produced by R.E.S. to the final energy
consumption for heating and cooling: at least 20%.
– Contribution of the electrical energy produced by R.E.S. to the gross electrical
energy consumption in transportation: at least 10%.
 R.E.S. Targets .3

Eurostat Data Targets 2020 Targets 2030

EU National
2010 2012 2013 2014 2015 2016 2020 2030 2030

RES heating and cooling 17.91% 23.41% 26.47% 26.85% 25.60% 24.20% -

National Energy and Climate

RES in electricity 12.4% 16.4% 21.2% 21.89% 22.10% 23.80% -

Action Plan
RES in Transport - 0,89% 0,96% 1.30% 1.10% 1.70% 10%

Total RES in Gross Energy

9.81% 13.45% 15.00% 15.30% 15.30% 15.20% 18% 27%
Consumption

Area September 2018

Solar (electricity) 2.599 ΜW

Wind (electricity) 2.650 ΜW

Hydro (electricity) 232 ΜW

Biomass (electricity) 62 ΜW
Geothermal (electricity) 0 ΜW

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 GIS Mapping .4

• National website with GIS mapping of: (1) RES installations,

(2) wind potential, (3) selected water basins, (4) biomass
potential, (5) energy demand, (6) meteorological data, (7)
heating degree-days, (8) electricity grid, (9) geothermal
potential

http://195.251.42.2/cgi-bin/nisehist.sh?objtype=xartes

• GIS mapping of RES licences and investment maturity on the

Regulatory Authority of Energy (RAE) website

http://www.rae.gr/geo/
 The previous support scheme for electricity generation from RES .5

Feed in Tariff (FiT): Fixed price (tariff) according to specific criteria (technology, size,
public subsidies, period of connection for PVs)

L.3468/ L.3851/ L.4254/

2006 2010 2014

L.3468/2006 The main framework for RES power

generation (incl. the licensing procedures).

L.3851/2010 Introduction of national R.E.S. targets and

revision of the licensing procedure to
facilitate RES penetration.
L.4254/2014 Amendment of the FiT scheme for new and
existing PV, wind, small hydro (of up to
15MWe) and CHP installations.
 Reform of the support scheme for electricity generation from .6
RES

New RES Support Scheme - Law 4414/2016 : key elements

• Effective 01.01.2016

• Tenders for new RES Capacity from 1.1.2017

• According to EC State Aid Guidelines for Environmental Protection and Energy

(EEAG) 2014- 2020 – Approved by European Commission (SA.44666 and SA.48143)

• Contribute to the achievement of the national energy targets with the optimum
balance in terms of costs and benefits for the society

• Current transition of the domestic electricity market in a new model of the

electricity market (target model)

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 RES New Support Scheme (L.4414/2016) .7

Operating aid will be granted for the electricity generation from RES in the form of a
sliding Feed in Premium (sFiP), in addition to the market price whereby the generators
sell their electricity directly in the market.
❖ Sliding Feed‐in‐Premium (sFIP)
- is granted until the full depreciation of the specific RES plants (20 years for PVs)
- is based on a differential value that will consider the revenues from its direct
participation in the electricity market
❖ Plants will be subject to specific market obligations and balancing
responsibilities
❖ Exceptions from sFiP (FiT)
- the projects of less than 3MW for wind plants and 500kW for the rest RES
technologies,
- the projects in the non‐interconnected islands,
- demonstration projects

Cumulative total cost (state aid) until 2020 (estimated): approximately 260 million €.

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 Reference Value and assumed project IRR for every RES technology and category
.8
under the new support scheme (L.4414/2016)

Project category Reference Values (€/MWh) (%) project IRR

Wind installations in the interconnected system 98 9%

Wind installations on the non-interconnected islands 98 9%

SHP ≤ 3 ΜW, 100

97 9%
3 ΜW < SHP ≤ 15 ΜW
PV ≤ 0,5 MW tariff 2015
PV > 0,5 ΜW comp. bidding process -

Special Rooftop PV Program 110 10%

184(≤1MW), 162 (1ΜW < & ≤5 MW), 140
Biomass 9%
(>5 MW)
Biomass through gasification ≤1 MW 193 9%

Gas from landfills and biological sewage treatment plants

and biogas from anaerobic digestion of biodegradable 129(≤ 2 MW), 106(> 2 MW) 9%
material of wastewater and sewage sludge

Biogas from anaerobic digestion of biomass (energy crops,

silage green fodder agricultural crops, livestock and agro-
food organic residues and organic farming and agro- 225(≤ 3 MW), 204(> 3 MW) 10%, 9%
industrial residues and waste, waste edible oils and expired
food)
Solar thermal stations without storage 257 7%
Solar thermal stations with storage (min 2 hours) 278 9%
Geothermal stations 139(≤ 5 MW), 108(> 5 MW) 10%
61-92 (according to installations’ MW and
HECHP installations law’s8criteria) + premium related on the 10%
natural gas price
 Competitive bidding processes (L.4414/2016): .9
RES Auctioning Scheme (up to 2020)
• 01.01.2017: Obligatory (under the provisions of the EEAG)

• Determination of the Reference Value (RV) in €/MWh for each of the projects that
will be granted operational aid after their selection according to the auctions’
specific terms.

Exceptions from competitive bidding processes:

– RES and heCHP projects under development
– Small‐scale, self‐consumption and demonstration RES projects
– Biomass, biogas, SHP, geothermal, CSP, heCHP (under certain limitations concerning cumulative
capacity thresholds annually and during the period).

• RES auctioning scheme (up to 2020):

– Technology specific auctions: Wind above 3MW, PV above or equal to 500kW.
– At least 2 pilot joint auctions (PV and Wind): e.g. onshore Wind combined with large‐scale PV.
– Site specific auctions: due to interconnection of one or more islands, System’s expansion or
availability of a previously electrically congested region.

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 Announced roadmap for RES auctions until 2020 . 10

auctioned capacity (MW)

Type of auction Technologies Categories of projects
2018 2019 2020

3 MW <wind ≤ 50 MW,
Technology 300 300
Wind plants (above 6 MW for energy communities) 300 (176.4)
specific (+left ‘18) (+left ‘19)

Technology PV ≤ 1 MW 300 300 300

PV plants
specific 1 MW <PV ≤ 20 MW (106) (+left ‘18) (+left ‘19)

Technology
PV plants 1 MW <PV ≤ 20 MW (covering also
specific for 3rd (data of ‘18) (data of ‘19)
previous years)
countries

Wind park, or wind parks with common grid

connection > 50MW,
PV and Wind 400 400
Joint PV plant, or PV plants with common grid connection > 400
plants (+left ‘18) (+left ‘19)
20MW,
Combination with common connection >50MW

PV and Wind
Site specific All PV wind categories Case by case
plants

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PV Market in Greece (1) . 11

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PV Market in Greece (2) . 12

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 PV: Feed in Tariff (FiT) foreseen until 04.2014 . 13

Guaranteed Feed in Tariff (€/MWh)

Non-Interconnected
Interconnected System
Year islands

>100kW <=100kW >100kW <=100kW

2006 July 2006 - January 2009 400 450 450 500

February 2009 –July 2009 400 450 450 500

2009
August 2009 – January 2010 400 450 450 500
Period in which a Power February 2010 – July 2010 400 450 450 500
2010 Purchase Agreement was
signed August 2010 – January 2011 392,04 441,05 441,05

February 2011 – July 2011 372,83 419,43 419,43

2011
August 2011 – January 2012 351,01 394,89 394,89

February 2012 – July 2012 292,08 328,6 328,6

2012
August 2012 – January 2013 180 225 225

February 2013 – July 2013 95 120 100

2013
August 2013 – January 2014 95 120 100
Period in which the station
February 2014 – July 2014 90 115 95
started operation
2014
August 2014 – December 2014 90 115 95

1,2 x
2015 1,1x avgSMPn-1* 1,1 x avgSMPn-1
avgSMPn-1
* AvgSMPn-1: The average system marginal price of electricity of the previous year

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 PV Market in Greece (3): A New Deal . 14

From 1/4/2014, for PVs in operation before 1/4/2014, the prices were adjusted by law (a new deal
we could say), according the size of the park and the time of connection to the grid in order to
address over compensation issues and eliminate the deficit of RES Account.

14
PV Market in Greece (4) . 15

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 Competitive bidding processes (L.4414/2016):
. 16
Pilot competitive bidding process (December 2016)

• Competent Authority: Greek Regulatory Authority for Energy (RAE)

• Technology: PV

Number of
Volume of Number of Lowest and Weighted bid
participating
PV pilot tendered successful project highest clearance
project (and
auction capacity in (and cumulative successful bid price in
cumulative
MW capacity in MW) in €/MWh €/MWh
capacity in MW)

PV≤1MW 13 (6.79) 4.8 9 (4.79) 94.97-104.00 98.78

1MW<PV<10M
12 (50.21) 35.2 7 (35.12) 79.97-88.00 83.30
W

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 Competitive bidding processes (L.4414/2016):
. 17
1st Auction (July 2017)

• Competent Authority: Greek Regulatory Authority for Energy (RAE)

• Technology: PV

Lowest and Weighted bid

Number of
Ceiling Price highest clearance
PV pilot auction participating MW Granded
(€/MWh) successful bid price in
project
in €/MWh €/MWh

PV≤1MW 155 85 75.87-80.00 78.42 53.48

1MW<PV<20MW 13 80 62.97-71.00 63.81 52.92

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 Net Metering and Virtual Net Metering . 18

• Net metering for PV’s is open from 2015

• Virtual Net Metering: the production unit (e.g. pv park) could be installed
in other site (within the region). It is allowed for farmers, public bodies and
Energy Communities (special provision for grid/system tariffs in order not
to discriminate)

• Net Metering and Virtual Net Metering, are to be open to all technologies
(wind, hydro, biogas, etc) up to 1MW

• Storage facilities will be also allowed in the near future

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 The Νet-Metering Scheme (Self consumption) . 19

Interconnected System Non-Interconnected Islands Total

PV installations under net – Number of Number of Number of
Capacity (ΜW) Capacity (ΜW) Capacity (ΜW)
metering scheme installations installations installations
LV MV LV MV LV MV LV MV LV MV LV MV
2015 111 0 1,79 0,00 4 0,03 0,00 115 0 1,82 0
2016 374 4 4,69 0,21 73 0,82 0,00 447 4 5,51 0,21
Year of 2017 226 15 3,1 1,83 132 2 1,543 0,100 358 17 4,64 1,93
operation 2018 107 4 1,47 0,94 17 0,26 0,00 124 4 1,73 0,94

Sum 818 23 11,05 2,98 226 2 2,650 0,100 1044 25 13,703 3,08

Total 841 14,03 228 2,75 1069 16,783

Interconnected system Non-Interconnected Islands Total

PV installations under virtual Number of Capacity Number of

Number of installations Capacity (ΜW)
net-metering scheme installations (ΜW) installations

LV LV LV MV LV MV LV MV

2017 4 0,110 0 0 4 0 0,110 0

Year of
2018 2 0,056 0 0 2 0 0,056 0
operation
Total 6 0,166 0 0 6 0 0,166 0

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 Header section title . 20

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