The revised National Energy and Climate Plan (NECP) is expected to increase the country’s RES installed capacity target for 2030 to 25 GW, from 18.9 GW in previous edition.
The NECP’s ambition for increasing RES installed capacity and the share of green energy in Greek energy mix, is based on the Fit for 55 agreement reached by the EU last April, which envisages carbon emissions reduction of at least 55 % by 2030, compared to 1990 levels, revised from the previous reduction target of 40 %.
Given the latest developments following Russian invasion of Ukraine, the EU is now determined to achieve even faster RES development to greatly reduce its reliance on Russian gas imports long before 2030.
Greek RES installed capacity amounted to 10.1 GW at the end of 2020, which will need to be increased by a further 10 GW by 2030, if the Fit for 55 target is to be met. However, the construction of new RES capacities will have to go hand in hand with electricity network upgrades. Electricity transmission system operator ADMIE estimates that planned transmission network upgrades will enable RES units with a total capacity of 28.5 GW to operate by 2030.
