The new investment environment for the
photovoltaic installations in Greece:
According to the existing legislation, the
licensing procedure for natural persons or legal entities interested in
investing in photovoltaic stations is the following:
1. In the first ten days of
February-June-October, applications are submitted to the Energy Regulatory
Authority (RAE), as this is the Licensing Authority. Due to the health crisis,
this deadline was postponed by two months, so the last applications of 2020
were completed last December. The application is filed digitally with some
attached supporting documents and a one-time application fee of 60 euros / MW.
2. Within 5 days from the submission of the
application, the latter is posted on the RAE Website.
3. Within 15 days after the end of the above
five days, objections are submitted by anyone who has a legal interest.
4. After this, another 15 days are provided for
the submission of the applicant’s views on the objections.
5. Finally, within 20 days after the last 15
days, the relevant Certificate of the
Electricity Generator is issued, for which a one-time issue fee of 1000 to
3000 euros / MW is required, depending on the power of the production unit.
* The same licensing
procedure is followed for onshore wind farms and RES hybrid stations.
This certificate, issued within approximately 2
months by a fully digital procedure, is issued for 25 years and can be extended
for an equal period of time. Besides, systems not exceeding 1 MWp are released
and exempted from the obligation to issue the Electricity Generator
Once the issuance of the Certificate is
completed, the holder has the option to either install a self-generating system
to cover part or all of the electricity consumption at his disposal or to sell all
the generated energy to the Electricity Distribution Network.
Disposal of all the produced energy on the
In regards to the producers who wish to
contract with the Electricity Distribution Network, it is possible to sell the
total of their generated energy as follows:
1. The producing units that are exempted from
the issuance of the Generator Certificate simply issue a certificate of
exemption from the Approval of Environmental Terms by the relevant Peripheral
Region office, approval of small works by the Town Planning and after an offer
of connection with HEDNO, contract with the Greek RES Manager (DAPEEP).
2. Those units that maintain a power greater
than 1 MWp after the issuance of the Certificate, must also issue an
installation permit from the relevant Decentralized Administration, approval of
small tasks by the Town Planning office and a connection agreement with the Operator
of the Hellenic Electricity Distribution Network (HEDNO) and the Independent
Electricity Transmission Operator (IPTO) (if their voltage is too high). They
also contract with the Official Administrator for RES and Origin Guarantees, so
that their operating license is finally issued by the Decentralized
Projects participating in competition procedures
regarding the disposal price:
At the end of last year, a Joint Competitive
Bidding Procedure was announced (auction) for RES power plants and high-efficiency
cogeneration of electricity and heat, which concerns wind and photovoltaic installation
technologies, for the conclusion of an operating contract. The submission of
offers lasts from 07-01-2021 until 22-03-2021, through the digital platform of
Regarding photovoltaic stations:
A. Installed power plants from 500 kW up to
20 MW can participate in the competitive process (auction), to be included
in the operating State aid scheme, with a maximum allowable bid price of 53.86
euros / MWh and a participation fee of 1000 euros.
B. If a unit does not wish or does not meet
the conditions to participate in the competitive process for inclusion in
operating aid, the reference values for connection to the Electricity
Distribution Network are set as follows: until 30-04-2021, at 65, 7 euros / MWh
and from 01-05-2021 to 63 euros / MWh.
* Similar conditions
apply to wind farms.
Activation of the connection after the
completion of the competitive process (tender):
Following the completion of the competitive
process and to ensure the effective implementation of the RES support scheme
and the achievement of the national objectives, as described above, the
activation of the connection to the Electricity Network (put into trial or
normal operation) of the stations selected on the basis of the auction, must
take place within a specific deadline from the announcement of the final
results. The connection time ranges from twelve (12) to eighteen (18) months concerning
the photovoltaic stations depending on their power; and from twenty four (24)
to thirty six (36) months for wind farms. An extension of this time by six (6)
additional months is also foreseen in case a construction of a new Substation
or extension of the existing one is required.
Due to the modernization of environmental
legislation and the incorporation into Greek Law of the relevant European
Directives, the issue of RES is of increasing interest and especially the last
few years, there is investing interest not only from Greek, but also from
foreign potential investors. Nexus Law Firm participates as a legal consultant
in several competent projects in Greece and acquires the updated knowledge and
experience regarding the licensing procedures of RES stations and
interconnection with the Electricity Distribution Network.