Greek electricity market operator, LAGIE, published
comprehensive data about the renewable energy installations in 2012 and also
about the cost of RES for the country. LAGIE also made detailed projections
about new installations in 2013 and 2014 and suggested that the government
needs to implement new measures in order to reduce the deficit that is created
by the rising renewable capacity.
The operator will provide from now on detailed data
about the RES market on a monthly basis. The data will include not just the new
installations per technology, but also the balance of the special RES account,
which includes all the income and expenditures connected to renewable energy in
Greece
.
According to LAGIE, the deficit of the special account
reached 331,5 mil. euros by the end of 2013. The Greek government planned to
have it reduced, but the low price of emission allowances in the E.U. made it
impossible. The government also took drastic measures during 2012 in order to
maintain a low RES deficit in the years to come: Among those measures, there
was a reduction of FiTs for all RES technologies, a recess of new permits for
PV and the introduction of a new tax that all producers have to pay as part of
their income.
However, those measures were not enough and LAGIE
calculates that the deficit will reach 473 mil. euros by the end of 2013 and will
explode to 900 mil. euros by the end of 2014. Also, LAGIE notes that without
the measures mentioned above, the deficit would reach 2 bil. euros by the end
of 2014.
About the installed capacity of renewables, LAGIE
projects that this year the additions will be 110 MW of wind, 637 MW of PV, 5
MW of small hydro, 18 MW of biomass/biogas and 5 MW of cogeneration for a total
of 775 MW. In 2014, the numbers will be 196 MW for wind, 237 MW for PV, 27 MW
for small hydro, 79 MW for biomass/bioas and 5 MW for cogeneration for a total
of 545 MW.