Greek Storage Projects Reignited

Energy Ministry has drafted a new bill to facilitate creation of energy storage terminals potentially associated with RES projects. The Greek government is aiming to reactivate mature energy storage projects totaling 1.500 megawatts that had frozen via a ministerial decision last June, and to promote renewable energy source licenses with a combined capacity of more than 15 gigawatts.RES acceleration is for the EU the key to its disengagement from fossil fuels, and mainly Russian natural gas, and leads to new terms in RES project and network infrastructure development. Storage technology contributes in RES growth as it can store the energy produced by the sun or the wind and return it to the system when needed.