In particular, Recital (42) of Directive 2019/944/EU emphasizes that … Contact online >>
In particular, Recital (42) of Directive 2019/944/EU emphasizes that
The regulatory framework governing Battery Energy Storage System Projects (BESS) in Greece is comprehensive and involves several legal and procedural steps. This framework plays a crucial role in ensuring the safe and efficient operation of the Electricity Transmission System and in stabilizing electricity demand. Further, the current memo outlines the procedure applicable to BESS projects selected through the 2nd Tender for a grant of 100,000.00 €/MW.
A. Licensing and Permits
The issuance of Storage Licenses for Storage Battery System Projects (SBSPs) falls under the jurisdiction of the Regulatory Authority for Waste, Energy and Water (RAAEY) Applicants are required to pay a fee, and submissions are made in monthly cycles. The Storage License is valid for 25 years with an option of renewal for another 25 years. Revocation of the license may occur if certain conditions are not met, such as failure to apply for an Environmental License or a Binding Grid Connection Offer (BGCO).
This phase involves obtaining the Storage License under Law 4001/2011 and participating. in tenders for investment grant and operating aid support.
An Environmental License is mandatory, governed by Laws 1650/1986 and Law 4014/2011, as amended by Law 4685/2020.The license is classified into two categories based on the project’s environmental impact.
Relevant construction licenses are required as per applicable legislation.
B. Financial and Operational Aspects
A Letter of Guarantee (LoG) is not needed for the Storage License application. RAAEY reviews the technical and financial adequacy of both the applicant and the project.
Law 4920/2022 sets the legal basis for state aid to BESS technology, which must be internationally utilized and directly connected to the System. The tender process includes several criteria, such as project capacity and technical specifications.
C. Grid Connection and Prioritization
The application is submitted to the Independent Power Transmission Operator (IPTO) adlines for applications may be extended by paying an extension fee.
A Ministerial Decision classifies the storage projects in priority groups, while specific conditions apply for combined Renewable Energy Source (RES) and storage projects. Additionally, a special provision enhances the prioritization of BESS selected through tenders.
Regarding the procedure for granting investment aid support to projects that qualify for tenders for standalone batteries, the requirements are determined by the Joint Ministerial Decision issued by the Ministry of Environment and Energy and the Ministry of Finance.[1] According to the JMD, the electricity storage projects selected are financed by the Recovery and Resilience Facility (RRF). In accordance with JDM, the funding of the investment aid shall be provided, as follows:
Investors interested in participating in the tender have already submitted their applications by December 22, 2023. RAAEY will publish an initial list of applicants on 8 February 2024, giving the opportunity to submit objections from 9 February to 12 February 2024, so that the Final List of Selected, Eliminated and Runner-Up Participants will be published on 15 February 2024 and the competition will take place immediately after the completion of the appeal procedure.
The regulatory framework in Greece for BESS projects is crafted to promote the integration of renewable energy projects into the national grid, thereby enhancing energy efficiency and sustainability. To this end, the utilization of relevant aid support serves as a critical tool for achieving the energy goals and electrical energy production.
[1] Joint Ministerial Decision with no. YPEN/DHE/123445/2142 dated 28.11.2023, entitled "Procedure for granting and paying investment aid through the Public Investment Program, for the project “YP2. BESS systems totaling 520MW – “stand alone” electricity storage systems” that has been included in the Recovery and Resilience Fund (MIS code TA 5216889 – SAA: PSGGI-EEF)” available at [https://diavgeia.gov.gr/doc/6%CE%9D%CE%9B%CE%924653%CE%A08-20%CE%98?inline=true].
We are dedicated in providing qualitative and innovative solutions to our clients’ legal issues.
Valia Apostolopoulou and Anastasia PettaKaratzas & Partners Law Firm
Greece is currently undergoing major energy sector reforms, aiming to transform the operation of the energy system, foster competitive energy markets, create significant investment opportunities, reduce greenhouse gas emissions, tackle existing climate change effects and ultimately facilitate a green energy transition.
The development of the national energy and climate plan for 2030, combined with Greece’s energy privatisation plan and the impressive increase in renewable energy sources (RES) potential in its power production, is indicative of Greece’s strong position as an important participant in the European energy mix.
Another important aspect of upcoming energy reforms is directed towards electrification and cost reduction driven by technologies such as smart grids, e-mobility and energy-efficient buildings. Major infrastructure development initiatives, such as interconnecting the Greek islands with the mainland grid system, and the establishment of the Hellenic Energy Exchange (HEnEx), are some of the landmarks of the transition into the new era that is under way in Greece’s energy landscape.
The Greek energy market is regulated by the Ministry of Environment and Energy (MEE) and the Regulatory Authority for Energy (RAE).
The MEE is in charge of setting the country’s energy policy and issuing secondary legislation, whereas RAE is an independent administrative authority, established on the basis of the provisions of Law 2773/1999, transposing Directive 96/92/EC on the liberalisation of the electricity market.
Finally, RAE is entitled to conduct studies, publish reports and resolve on or propose the enactment of measures, especially with respect to the observance of competition rules. RAE cooperates closely with the Hellenic Competition Commission where this is necessary and it is accountable to the Hellenic Parliament. Its decisions and actions each year are reported in an annual report submitted to the Hellenic Parliament, the Minister for Environment and Energy, the Agency for the Cooperation of Energy and the European Commission.
About Energy storage regulations athens
As the photovoltaic (PV) industry continues to evolve, advancements in Energy storage regulations athens have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Energy storage regulations athens for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Energy storage regulations athens featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
