Greece, Ministry of Energy is planning to increase renewable energy and energy storage targets set for 2030

, SEE Energy News

Through the revisions of the National Energy and Climate Plan (NECP), Greek Ministry of Energy is planning to increase renewable energy and energy storage targets set for 2030.

The Ministry should set a total RES capacity target of between 25 and 30 GW for 2030, which could be achieved with new wind and solar energy projects, as well as the development of new hydropower plants.

Currently, Greece has an operating renewable energy capacity of 10 GW, which means that RES projects with the capacity of up to 20 GW will have to be developed in the next eight years if the objectives of the revised NECP are to be achieved.

Greek revised NECP will also include a significant increase in energy storage capacities to between 5 and 8 GW by 2030, well above the current target of 1.5 GW, through a portfolio comprising batteries and pump-storage HPPs.

Also, the 2030 target for the RES sector’s share of the country’s energy mix is expected to be increased to 80 % in the revised plan, from the current target of 65 %.