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The Greek Regulatory Authority for Energy (RAE) has confirmed that 411.8 MW of projects have been awarded in the country’s first standalone battery energy storage system (BESS) tender, which has attracted huge interest among developers.
Investment and operating aid will be granted to 12 projects put forward by seven proponents. The full list of winners is available on the website of the authority.
Bids in the tender round were priced at between EUR 33,948 (USD 37,091) per MW and EUR 64,122 per MW, with the weighted average price of the successful proposals standing at EUR 49,748 per MW annually. Bids were capped at EUR 115,000 per MW per year. The lowest offer was launched by Helleniq Energy, while Intra Energy placed the highest bid.
The auction, launched in July, has lured 93 proposals with a combined capacity of 3.3 GW, against a target of 400 MW. The winning schemes should be commissioned by the end of 2025.
(EUR 1.0 = USD 1.099)
Source: renewablesnow
