A record 68 pct of Greece’s total electricity demand was met by renewable energy sources (RES) on April 2, Independent Power Transmission Operator (IPTO) CEO Manos Manousakis told the 7th Delphi Economic Forum.
Continuous development of electrical infrastructures and the integration of new technologies in the country’s energy system, such as storage, are crucial factors for a deeper integration of RES, he underlined.
Production by RES in Greece will reach 29 GW by 2030, he noted. But disruptions in supply chains and price hikes in raw materials construction pose new challenges in the implementation of such investments.
However, Manousakis pointed out that Greece has achieved one of the best performances in Europe in terms of absorption rates of new RES. Specifically, the power output of RES in operation today in operation amounts to 9 GW, the reserved margin for new projects amounts to 10 GW, while requests submitted since the beginning of 2021 amount to another 19 GW.
Referring to Greece’s international power interconnections, Manousakis pointed out that the tender for the new electrical interconnection with Bulgaria has been completed, while a second interconnection is being launched with Italy.
“We are contributing to the international interconnections with Cyprus and Egypt, at the same time we are considering two new interconnections with Turkey and Albania, while we also plan to upgrade the existing interconnection with North Macedonia,” he concluded.