Greece’s energy regulatory authority RAE on Friday fired the starting gun on the country’s first standalone battery energy storage system (BESS) tender, targeting 400 MW of capacity.
The competition is the first of several calls for tenders scheduled for this year.
The maiden tender will be open until July 10 and will seek to award some EUR 200 million (USD 215m) in funding from Greece’s Recovery and Resilience Facility. Proposals will be reviewed by August 9.
Prices in the solicitation should not exceed EUR 115,000 per MWh per year, with the selected developers to receive a grant of up to EUR 200,000 per MW to install the proposed capacity. The winning projects, the individual capacity of which should be no higher than 100 MW, are due to be commissioned by the end of 2025.
The battery storage facilities are planned to be connected to the country’s transmission grid.
According to media reports, two more BESS auctions are to be held by end-2023, in the third and fourth quarters, respectively.
(EUR 1.0 = USD 1.092)
Source: renewablesnow
