Government procurement price of large scale battery storage in Greece

About Government procurement price of large scale battery storage in Greece

The bidding price for projects is capped at 145,000 euros per MWh, and the tender is open to standalone battery storage proposals with four-hour storage capacities.

Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW.

Greece has officially launched its third tender for battery energy storage capacity, aiming to allocate 200 MW of projects eligible for subsidies of up to 200,000 euros per MWh. This tender marks the final phase of Greece’s ambitious 1 GW program, which is designed to support the development of.

The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three previous auctions. The new plan, prepared by the Ministry of the Environment and Energy, calls for.

An investment ‘fever’ is gripping the new energy storage sector as the ministerial decision was published yesterday (March 14, 2025), setting the rules for installations with a total capacity of 4.7 GW in our country. So far, three auctions have supported 900 MW projects with subsidies.

The Greek Regulatory Authority for Energy, Waste, and Water (RAAEY) has launched the country’s third auction for standalone, grid-scale, front-of-the-meter battery energy storage systems. The auction seeks to award 200 MW of battery storage projects, 100 MW less than initially announced when the 1.

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6 FAQs about [Government procurement price of large scale battery storage in Greece]

Does Greece have a battery storage subsidy program?

How to participate in a battery storage auction in Greece?

In order to participate in the auction, developers must submit: Beyond the 100 MW limit per project, the RAWEW requires: Greece has planned two additional battery storage auctions for thsi year. They will be held in third and fourth quarter of 2023. Each one will have a capacity equal to 300 MW.

How many battery storage auctions will Greece have in 2023?

Beyond the 100 MW limit per project, the RAWEW requires: Greece has planned two additional battery storage auctions for thsi year. They will be held in third and fourth quarter of 2023. Each one will have a capacity equal to 300 MW. This will bring the annual auctioned capacity to a total of 1 GW.

What is the future of battery storage in Greece?

Overall, following last months public consultation, the Greek ministry of the environment and energy presented a bolder and even more ambitious battery storage program, allowing for longer completion times but retaining the financial and competition guarantees in place.

Will there be more battery storage auctions in 2023?

Two more rounds are expected in 2023. The Greek Regulatory Authority for Waste, Energy and Water (RAWEW) has published the country’s first round of battery storage auctions. It will amount to a 400 MW capacity. RAWEW set a price ceiling in the bidding for 10-year contracts for difference at EUR 115,000 per MW per year. The minimum coverage is 100%.

What is the first competitive process for energy storage in southeastern Europe?

This is the first competitive process for energy storage in Southeastern Europe. Two more rounds are expected in 2023. The Greek Regulatory Authority for Waste, Energy and Water (RAWEW) has published the country’s first round of battery storage auctions. It will amount to a 400 MW capacity.