A record 68% of Greece’s total electricity demand was met by renewable energy sources (RES) on April 2, said Manos Manousakis, CEO of the independent electricity transmission operator (ADMIE ), at the 7th Delphi Economic Forum on Friday.
The continuous development of electricity infrastructure and the integration of new technologies into the country’s energy system, such as storage, are crucial factors for deeper integration of RES, he underlined.
Generation by RES in Greece will reach 29 gigawatts by 2030, he noted.
But disruptions in supply chains and rising prices of raw materials for construction pose new challenges in implementing these investments.
However, Manousakis pointed out that Greece has achieved one of the best performances in Europe in terms of absorption rate of new RES.
Concretely, the production power of RES in operation today amounts to 9 GW, the margin reserved for new projects is 10 GW, while the requests submitted since the beginning of 2021 amount to an additional 19 GW. Referring to Greece’s international electricity interconnections, Manousakis pointed out that the tender for the new electricity interconnection with Bulgaria has been completed, while a second interconnection is being launched with Italy. “We contribute to international interconnections with Cyprus and Egypt. At the same time, we are considering two new interconnectors with Turkey and Albania, while we also plan to upgrade the existing interconnector with North Macedonia,” he concluded.