North and Central Greece boosts wind power potential

EPA-EFE/TOLGA BOZOGLU

Greece has wrapped the country’s second renewables auction with onshore wind winning almost 160 MW of capacity.

Lower prices for onshore wind in second Greek renewables auction


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ATHENS – Greece has wrapped the country’s second renewables auction with onshore wind winning almost 160 MW of capacity. According to WindEurope, the prices were competitive, coming in within a range of €55–65/MWh. This price level is lower than in Greece’s first onshore wind auction in July 2018, where onshore wind prices were between €68-72/MWh.

The cost of obtaining a permit for wind farms in Greece remains an issue. The winners in this auction already anticipated these costs as they began developing their projects almost a decade ago, WindEurope said, urging the Greek Government to simplify the permitting procedure and give more transparency on the length of time needed for environmental assessment, spatial planning and grid connection procedures.

Nine wind projects in total won. All of them have both an environmental license and grid connection license. All of which are located in North and Central Greece.

“These are impressive results. The average price level is even lower than in the last French and German onshore auctions,” WindEurope’s Head of Advocacy & Messaging Joël Meggelaars said. “The fact that prices have come down is a signal of confidence from investors in the outlook for wind energy in Greece. The high level of competition and the participation of big investors with large wind portfolios in Greece and the wider region has helped to create and downward pressure on prices,” he said.

Greece should now look to be more ambitious on wind in its National Energy and Climate Plan for 2030, Meggelaars said, adding that this kind of ambition and deployment outlook will help the Mediterranean country to attract new investments, enjoy further cost reductions and create local economic benefits.

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