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Can a battery storage plant be built in Greece?

An increasing number of local and foreign companies are interested in building energy storage facilities in sun-loving Greece using battery technology. In fact, the Regulatory Authority for Energy (RAE) has been receiving applications for permits concerning battery storage plants.

Which companies are planning a 100 MW battery storage project in Macedonia?

Public Power Corp. (PPC) has also set its sight on storage and recently received a permit for a 100 MW project in Ptolemaida in Western Macedonia. Other companies include Magna Victoria, Melven, Mars BESS and MS Komotini, which have already received permits for a combined 400 MW of battery capacity in various large projects.

How many GW of storage will necp entail?

The new National Energy and Climate Plan (NECP) is expected to target over 3 GW of storage to be installed by the end of the decade, so the race is on to acquire permits. The market still awaits the new regulatory framework for storage, as well as specialised auctions that are expected to begin at the end of the first quarter.

Will Greek oil refiners be able to transition to climate neutrality?

The Greek oil refiner has announced EUR 4 billion in investments to support its transition to climate neutrality, with a heavy focus on storage and renewables. All these groups now await a ministerial decree that would allow the Independent Power Transmission Operator (IPTO) to provide connection terms.

Where will VoltStorage install a 150 MW power plant?

Germany-based Voltstorage has acquired permits from RAE for three plants totaling 150 MW in operating power. The projects are expected to be installed in the provinces of Western Macedonia, Central Greece, and Eastern Macedonia and Thrace.

Which companies have a 400 MW battery capacity?

Other companies include Magna Victoria, Melven, Mars BESS and MS Komotini, which have already received permits for a combined 400 MW of battery capacity in various large projects. MS Komotini is one of seven subsidiaries of Motor Oil that have submitted applications for over 300 MW of storage.