28 Sep '15, 7am

Greece's new government: new policy?

Apart from the ADMIE sale, the energy ministry has agreed with its European creditors to present a new renewable remuneration policy framework by the end of the year. The new framework needs to satisfy the European Union principles for supporting renewable energy, which allows feed-in tariffs (FITs) only for small PV systems and remunerates the large installations via competitive schemes (e.g. feed-in-premium tenders). The latter means a new electricity market structure needs to be crafted that allows healthy competition among electricity generators and encourages renewable energy investors to step in without the ‘safe haven’ Greek FITs of old (which were among the most generous in the world).

Full article: http://www.pv-magazine.com/news/details/beitrag/greeces-n...

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