Greece has a FIT law.
Law 3468 - Electricity production from RES & high-efficiency cogeneration & other provisions (2006) (English) sets the major framework for the Greek feed-in tariff scheme.
On 15 January 2009, Greece established a new FIT scheme for solar PV with law 3734/2009. An English translation of the most important article is provided by the Greek association for solar PV HELAPCO.
On 4 June 2009, Greece has established a new FIT scheme for small rooftop PV systems by law 1079/2009.
The law of 2006 includes tariff payment for wind, solar, geothermal, biogas, biomass and hydro power (less than 15 MW installed capacity). Tariffs are adjusted annually. Tariff payment is guaranteed for the first 10 years of operation and can be prolonged by another ten through a unilateral written declaration by the producer. Generators receive 7.3 to 9.0 €cent/kWh (depending on the location) for wind power, 25-27 €cent/kWh for concentrating solar power (CSP), 7.3 to 8.46 €cent/kWh for geothermal, biomass, biogas and hydro power.
The new FIT scheme for large-scale solar PV establishes higher tariffs for power plants on the Greek islands (in brackets). Larger scale PV systems (100 kW-10 MW) receive 40 €cent/kWh (45 €cent/kWh) while smaller plants (10 kW-100kW) receive 45 €cent/kWh (50 €cent/kWh). All plants larger than 10 MW are subject to a tender scheme. Besides, residential households have to cover a share of their hot water needs by other renewable energy sources in order to become eligible for the solar PV feed-in tariff. The tariff payment is partly adjusted to inflation (25 percent of last year’s Consumer Price Index). For new installations, tariffs are lowered by 5 percent every year as of 2012. The scheme does not include any cap on the overall installed capacity.
The new FIT scheme for small-scale solar PV (less than 10 kW installed capacity) offers a payment of 55 €cent/kWh. Tariff payment is granted for 25 years. Only residential households and small businesses are eligible under the new PV feed-in tariff scheme.
Read a summary of the European Commission’s 2005 review of Greece’s renewable electricity policies and of its 2007 assessment of Greece’s progress in meeting the target set out in Directive 2001/77/EC.
There currently is no legal analysis of this law. If you are a lawyer from Greece, and interested in submitting an analysis, or providing more up-to-date information about the current status of the renewable energy policy, we would be happy to hear form you. Contact us
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