Europe

Energy system of Greece

Greece is making progress on its energy transition, including implementing reforms to standardise and simplify licensing procedures for renewable projects and investigating options for offshore wind. Coal fired generation, once the main source of electricity, will be phased out by 2028 at the latest and EUR 5 billion has been committed to assist impacted communities. Auctions are driving strong deployment of solar PV, onshore wind and battery storage. There are also projects for interconnections and renewables to decarbonise electricity on Greek islands. However, more effort is needed boost electrification and improve efficiency in transport and buildings.