Renewable energies and energy efficiency
Title: Technical assistance for renewable energies and energy efficiency in Greece
Commissioned by: German Federal Ministry for Economic Affairs and Energy (BMWi)
Lead executing agency: Greek Ministry of Environment and Energy (YPEN)
Overall term: 2016 to 2019
Greece has great untapped potential in the field of renewable energy and energy efficiency. Within the framework of the European energy and climate targets, the country has set itself ambitious expansion targets that are to be met by 2020, and is currently preparing corresponding targets for 2030. However, the current framework is not conducive to meeting these goals and mobilising the corresponding investments. A long-term strategy for the Greek energy sector has also been missing so far.
The European Commission has been supporting reforms in Greece in various sectors since 2011. EU member states are providing the Greek Government with technical expertise coordinated through the Structural Reform Support Service. The German Federal Government is working with Greece as a strategic partner for renewable energy and energy efficiency..
The framework for the further development of renewable energy and energy efficiency in Greece and for achieving the national targets by 2020 and 2030 is improved.
By 2020, Greece intends to cover 40 per cent of its electricity consumption with renewables and further reduce the energy intensity of the Greek economy. Comprehensive reforms are needed in order to achieve these goals.
On behalf of the German Federal Ministry for Economic Affairs and Energy (BMWi), GIZ is advising the Greek Ministry of Environment and Energy (YPEN) on preparing and implementing the required reforms, and on developing a national energy and climate plan up to 2030.
The project ‘Technical assistance for Renewable Energy and Energy Efficiency in Greece’ focuses on supporting reforms that are crucial to the further development of renewable energy sources and energy efficiency. GIZ is working closely with the Greek Center for Renewable Energy Sources and Saving (CRES), as well as other Greek and international energy experts. The European Commission is providing cofinancing for the project.
The project is advising the Greek Government on adapting its support scheme for the production of electricity from renewables, drawing on the experience of other EU member states and taking new binding regulations from the European Commission into account. In addition, the project is supporting the continued market and system integration of renewables.
The project is encouraging the local use of renewables, as well as the development of innovative and competitive pilot projects. It is advising the Greek partners on improving licensing procedures and on financing renewables.
In the field of energy efficiency, the project is assisting with the development of appropriate support and financing instruments to mobilise energy efficiency investments in different sectors. It is promoting higher energy efficiency in public buildings and supporting further development of the national market for energy services.
The project is supporting the development of efficient electricity markets and systems in the Greek islands in collaboration with the National Technical University of Athens (NTUA). It is also advising on the development of a regulatory framework for electromobility, electricity storage and flexible loads.
The further development of renewables and energy efficiency in Greece will contribute to economic recovery and the creation of new and future-oriented jobs. The new renewable energy support scheme is expected to mobilise new investment of up to EUR 4 billion by 2020.
The costs for Greek energy consumers will be reduced, making the economy more competitive. Investments in renewables and energy efficiency reduce the country's dependence on energy imports, thereby increasing its energy security. Reducing the consumption of fossil fuels contributes to environmental protection and climate change mitigation.