Shortage of wind, solar projects for December RES auction

The level of participation at a forthcoming RES auction announced by RAE, the Regulatory Authority for Energy, for December 12 will be subdued and not cover capacities to be offered for wind and solar energy projects, markeuntered by wind energy pt officials have forecast.

Major license issuance delays encoark investors resulted in a bottleneck of mature projects for previous auctions, leaving few projects for the upcoming December session.

The need to simplify RES licensing procedures in Greece is a key matter at present. RAE has already proposed framework revisions, while the energy ministry has established a committee tasked with delivering proposals by the end of the year for swifter RES project development.