HaraldvonBlauzahn@feddit.org to

Europe@feddit.orgEnglish · 2 months ago

Greece Moves to Shield Renewable Energy Producers From Zero - Price Power Market Penalties

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Greece Moves to Shield Renewable Energy Producers From Zero - Price Power Market Penalties

HaraldvonBlauzahn@feddit.org to

Europe@feddit.orgEnglish · 2 months ago

1

Greece Moves to Shield Renewable Energy Producers From Zero - Price Power Market Penalties - Dnews

Under legislation submitted to Parliament this week, renewable energy producers will no longer lose state-backed operating support when wholesale electricity prices fall to zero. Greece is overhauling a key element of its renewable energy support framework, eliminating a provision that has increasin...

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Under legislation submitted to Parliament this week, renewable energy producers will no longer lose state-backed operating support when wholesale electricity prices fall to zero. Instead, support payments will be suspended only when power prices remain negative for more than two consecutive hours. The measure will apply retroactively from June 1, 2026.

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