Greece Launches Final Tender for 200 MW Battery Storage Projects with €200,000/MWh Subsidies

Greece has launched its third and final tender under a 1-GW program to support standalone battery energy storage systems (BESS), aiming to allocate 200 MW of capacity with available subsidies of EUR 200,000 (USD 217,920) per MWh.

This move, approved by Greece's Regulatory Authority for Energy, Waste and Water (RAAEY), was officially published in the country’s Official Gazette on Sunday.

This round sets a maximum bid price of EUR 145,000 per MWh and is open to standalone battery proposals with four-hour storage durations. Targeted areas for the systems include Western Macedonia, a region previously reliant on lignite, and four municipalities within Peloponnese—Megalopoli, Tripoli, Gortynia, and Oichalia—with a dedicated 50 MW quota for these Peloponnese municipalities.

Interested developers must submit their bids by December 23, 2024, and complete connection applications by January 31, 2026. Originally aiming for a 300-MW award, this tender follows the success of earlier rounds that awarded 411.8 MW in the first auction and 299.8 MW in the second.