Energy Storage in the Greek Market
As Managing Partner of Wattcrop, I had the pleasure of participating in a panel of experts from organizations representing the Greek energy market. The discussion focused on
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4 FAQs about Greek energy storage exports
How much money will Greece spend on energy?
The government has dedicated around 44 billion Euro to transform Greece’s energy sector and increase capacity from 9GW to 28 GW, in addition to tripling the volume for LNG storage.
Which energy companies are investing in hydrogen in Greece?
Major energy producers are already investing in hydrogen in Greece such as Mytilineos, Public Power Corporation (PPC), Motor Oil, HelleniQ Energy, and Advent. There are several floating storage regasification units (FSRU) projects at various stages of development throughout the country.
Is energy storage a key pillar of Greece's energy transition strategy?
Energy storage remains a key pillar of Greece’s energy transition strategy, essential for managing RES curtailments and strengthening grid flexibility. While early development was driven by subsidy-based tenders, policy emphasis is now shifting toward market-based standalone battery storage.
What will happen to Greece's power supply in the next decade?
Breakthroughs are expected to occur in the current decade in the field of power supply in Greece, as the RES share in power generation is expected to increase significantly and gradually replace the use of fossil fuels.
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