Renewable energy sources are breaking one record after another, both in terms of investment and in meeting demand.

During the two days of April 1st and 2nd, green technologies covered 67% and 68% respectively of the country’s energy needs, figures that are a new record. It is also characteristic of the dynamics of RES, the fact that on April 2, also for the first time, 500 megawatts of power was discharged from renewable sources, for reasons of network stability. This means that if it were possible to absorb these quantities, the penetration of RES would be even greater, which highlights the importance of energy storage.

The operation of the system with 68% participation of renewable sources is an excellent performance for today, but it will be the rule in a few years as the goal for 2030 is, 67% of electricity to come from renewable sources.

The President and CEO of IPTO, Manos Manousakis, speaking at the Delphi conference, also said that IPTO’s investment program creates the conditions for the reception of renewable power sources of 29 gigawatts by 2030. “Today the capacity of RES in operation is 9 GW , the occupied space for new projects at 10 GW while from the beginning of 2021 requests have been submitted for another 19 GW “, he added.

According to the official data and estimates of DAPEEP (Manager of Renewable Sources and Guarantees of Origin) the power of RES in Greece will break this year the limit of 10 gigawatts. The forecast, based on the information about the units that are under construction, is that the “barrier” of 10 gigawatts will be broken in September while the total power will reach 10.5 gigawatts at the end of the year.

The evolution of RES from 2019 is indicative of the market trend. Specifically, according to DAPEEP:

  • In 2019, 905 MW RES units were put into operation (of which 746 MW wind, 148 MW photovoltaic).
  • In 2020, 999.3 new MWs were connected (535.6 MW wind, 447 photovoltaic)
  • In 2021, 1,233 MW were added (398 MW wind, 808 MW photovoltaic)
  • The forecast for 2022 raises the power of the new units to 1,900 MW (910 MW Wind, 950 MW Photovoltaic)
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