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Promoting Renewable Energy (RES) and Energy Efficiency Case study: GREECE - A SWOT analysis

Promoting Renewable Energy (RES) and Energy Efficiency Case study: GREECE - A SWOT analysis. DAC PROJECT CAPACITY BUILDING IN BALKAN COUNTRIES IN ORDER TO DEAL WITH CLIMATE CHANGE Prepared by: Stelios Psomas. STRENGTHS. Rich RES potential Liberalization of electricity market

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Promoting Renewable Energy (RES) and Energy Efficiency Case study: GREECE - A SWOT analysis

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  1. Promoting Renewable Energy (RES)and Energy EfficiencyCase study: GREECE -A SWOT analysis DAC PROJECT CAPACITY BUILDING IN BALKAN COUNTRIES IN ORDER TO DEAL WITH CLIMATE CHANGE Prepared by: Stelios Psomas

  2. STRENGTHS • Rich RES potential • Liberalization of electricity market  Access of private investors to grid • Feed-in-law  Secured tariff for RES electricity • Subsidies (Ministry of Development / EU funds + Development Law grants) • Incentives (tax deductions for RES in housing and commercial sector) • National target for RES (20.1% of electricity produced with RES by 2010) • Developed solar thermal manufacturing capacity

  3. WEAKNESSES • Bureaucratic procedures • No CO2 / energy tax • No green pricing / green certificate schemes yet • No reduced VAT for RES • No rate-based incentives (as in German model) • No net-metering legislation • No feed-in-law for thermal applications • No Demand Side Management (DSM) incentives for the housing / transport sectors • No TPF (Third Party Financing) incentives yet

  4. OPPORTUNITIES • Liberalization of energy markets • EU funds for RES / energy efficiency • New TPF legislation (2002) • New “One-stop-shop” legislation (2001) • New EU Directive for energy efficiency in buildings (2002)

  5. THREATS • Bureaucracy • Lack of effective cooperation and streamlined administrative procedures (e.g. between energy and environment agencies) • Resistance to change • Lack of capacity in regional and local level • Local reactions to some RES projects

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