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Greece is a global leader in renewable energy, with renewables accounting for over 20% of the country's total energy consumption in 2022. This is expected to reach 35% by 2030, driven by strong government support, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Greece's abundant renewable energy resources, particularly in wind and solar energy, make it well-positioned to achieve its ambitious renewable energy targets.
The Greek government is a major buyer of renewable energy, with a target of achieving 70% renewable energy consumption by 2030. The government actively supports the sector through various procurement initiatives, including:
The Renewable Energy Act 2019, which establishes a framework for promoting renewable energy
The Greek Energy Regulatory Authority (DERA), which sets the rules for the Greek energy market and ensures fair competition in renewable energy procurement
The Greek Renewable Energy Association (GREA), which advocates for renewable energy policies and supports the growth of the sector
The Greek government procures a wide range of renewable energy products and services, including:
Wind turbines: Wind power is the largest source of renewable energy in Greece, accounting for over 50% of the country's total renewable electricity generation.
Solar photovoltaic (PV) panels: Solar PV is a rapidly growing source of renewable energy in Greece, with over 1 gigawatt of installed capacity.
Biomass energy: Biomass energy plays a significant role in Greece's renewable energy mix, with a focus on sustainable biofuel production.
The top authorities for renewable energy procurement in Greece are:
The Ministry of Environment and Energy (YPEKA)
The Renewable Energy and Energy Efficiency Fund (ENERGETIKI)
The Greek Energy Exchange (HEEX)
Major companies that have secured significant renewable energy procurement contracts in Greece include:
Ørsted: Ørsted is a global leader in offshore wind power and has a strong presence in Greece, with over 2 gigawatts of installed capacity.
Vattenfall: Vattenfall is a Swedish energy company with a growing renewable energy portfolio, including wind and solar projects in Greece.
Hellenic Petroleum: Hellenic Petroleum is a Greek energy company with a diversified portfolio of renewable energy assets, including wind, solar, and biomass.
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