Energy News – Greek islands and energy transition

Energy News – 79th Issue-Greek islands and energy transition

Greek islands and energy transition

The latest developments in electricity storage sector in Greece

RES Operational Aid Auctions in Greece for 2023 & 2024

1. Editor’s note
2. Greek islands and energy transition

Over the past few years, it has become more and more necessary to assess the role
of the Greek islands within the scope of energy transition. The goals of the European
Union for the turn towards renewable sources of energy in order to ensure a secure
and affordable EU energy supply by prioritising energy efficiency, improving the
energy performance of buildings and developing a power sector based largely on
renewable sources cannot but affect the Greek islands, which have the potential to
turn into models of green and sustainable development.

In this respect, the European Commission has launched new actions and policies,
such as the REPowerEU policy and the initiative for 30 renewable energy islands,
which along with the GR-eco Islands national initiative of the Greek Government, as
regards Greece, comprise three main pylons of the way to energy efficiency and
transition. The REPowerEU plan builds on the full implementation of the Fit for 55
package. The package sets the goal of achieving at least -55% net greenhouse gas
emissions by 2030 and climate neutrality by 2050 in line with the European Green
Deal. Greece, uniquely located and with an abundancy of natural resources, has
some of the most innovative ongoing green energy projects in Europe. More
specifically, the small island of Telos is equipped with a wind plant, covering 65% of
the island’s electricity requirements, along with a solar plant, which is anticipated
to generate approximately 265 MWh, thus covering around 9% of the island’s
electricity requirements. On the other hand, the island of Astypalaia is on the fast
track for the establishment of solar and wind plants, with the goal of covering 80%
of the island’s energy demand. Further goals have been set for the island regarding
electrical vehicles, public transportation on demand with the use of an app etc. At
the same time, Volkswagen is aiming to establish a ground-breaking mobility
system, by supplying electric cars and buses and renewable power generators to
the island, with the aim of turning it into a template for carbon-neutral mobility. To
that end, the current transport system on the island will transition to electric
vehicles and renewable power generation.

3. The latest developments in electricity storage sector in Greece
4. RES Operational Aid Auctions in Greece for 2023 & 2024

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