Development of solar power in Greece started in 2006 and installations of
photovoltaic system
A photovoltaic system, also PV system or solar power system, is an electric power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and co ...
s skyrocketed from 2009 because of the appealing
feed-in tariffs introduced and the corresponding regulations for domestic applications of
rooftop solar PV. As of 2019, 90% of the ca. 2.5 GWp capacity was installed in 2011, 2012 and 2013. However, funding the FITs created an unacceptable deficit of more than €500 million in the Greek "Operator of Electricity Market" RES fund. To reduce that deficit, new regulations were introduced in August 2012 including retrospective feed-in tariffs reduction, with further reductions over time. These measures enabled the deficit to be erased by 2017.
Auctions have replaced FITs and after stagnating since 2013, as of 2019 Greece is again installing hundreds of MWp per year.
By April 2015, the total installed photovoltaic capacity in Greece had reached 2,442.6 MW
p from which 350.5 MW
p were installed on rooftops and the rest were ground mounted.
LAGIE: DAS Monthly Reports
/ref> Greece ranks 5th worldwide with regard to per capita installed PV capacity and PV covers 7% of the country's electricity demand in 2019.
List of power stations
Current
Future
See also
* Renewable energy in Greece
* Wind power in Greece
* Desertec
* Solar power
* Solar power in the European Union
Solar power consists of photovoltaics (PV) and solar thermal energy in the European Union.
In 2010, the €2.6 billion European solar heating sector consisted of small and medium-sized businesses, generated 17.3 terawatt-hours (TWh) of ene ...
* Solar power by country
* Renewable energy by country
References
{{Renewable energy by country