Greece’s Ministry of Setting and Power has unveiled a brand new €200 million ($215.3 million) subsidy program for photo voltaic initiatives and small storage techniques within the residential and agricultural sectors. The scheme is backed by the nation’s post-pandemic restoration plan.
From April, Greek households and farmers will be capable of apply for public pandemic restoration funds to cowl the acquisition and set up of small PV arrays and storage techniques power, in keeping with a latest assertion by the Greek Minister of Power Kostas Skrekas. Households can stand up to €16,000 every, whereas farmers can request as much as €10,000 to cowl such prices, Skrekas stated, noting that incentives differ in keeping with issues resembling capability and degree of revenue of the candidates.
Households and farming operations can set up as much as 10.8 kW of PV capability and 10.8 kWh of battery storage. For residential customers, battery installations can be thought-about obligatory, and should have a small capability decrease than the photovoltaic arrays. Nevertheless, farmers making use of for subsidies are free to determine for themselves in the event that they wish to set up batteries.
Rooftop and ground-mounted techniques could qualify for subsidies. This system additionally covers summer season homes, however every applicant can declare funds for just one home set up.
Greece’s new solar-plus-storage scheme has a €200 million finances, originating from the nation post-pandemic restoration plan. Of this, €35 million funds for weak households going through power poverty. About €85 million can be allotted to households with an annual revenue of as much as €40,000 and one-person households with an annual revenue of as much as €20,000. Households with an annual revenue greater than €40,000, or people with an revenue greater than €20,000 will declare funding from the €50 million subsidy pot. As well as, the federal government has established a separate €30 million subsidy pot for farmers.
The brand new scheme can cowl between 20% and 65% of the prices of the PV system, relying on the subsidy pot. For batteries, the primary two subsidy pots will cowl 100% of the acquisition and set up of the battery. The third and fourth subsidy pots will cowl 90% of the price of the battery. There may be additionally a ten% subsidy bonus for disabled Greeks, single-parent households, and households with a number of youngsters.
The subsidy ranges present that the federal government could be very eager on battery set up. One of many important causes for that is battle with the grid to accommodate the brand new renewable energy capability.
The Greek distribution grid operator, Hedno, has stopped accepting new requests to attach vegetation to its community since final 12 months, and this isn’t set to alter anytime quickly. The one exception to that is the net-metering installations, the place Hedno frees up about 2 GW of grid house. 2 GW of grid house is on the market for small PV techniques as much as 10 kW in dimension, and can be supplied on a first-come, first-served foundation. About 40& of this can be supplied to residential net-metering techniques, whereas 30% of this can be supplied to small industrial PV techniques. The remaining 30% can be allotted to agricultural PV initiatives.
Another excuse for the complete assist of the plan for batteries is the federal government’s purpose to extend the aspect of self-consumption in net-metered techniques. Photo voltaic-plus-battery techniques can solely inject energy into the grid when website consumption and battery charging are met. Equally, the federal government says that if a photo voltaic system doesn’t generate sufficient energy to cowl the wants of a website, the consumer can solely purchase energy from the grid when the battery is empty. All solar-plus-storage techniques supported by the brand new subsidy scheme are obliged to function below this enterprise mannequin for the primary 5 years.
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