A brand new net-metering scheme reboots the Greek PV market
Last updated: February 2nd, 2015
The Greek authorities have introduced legislation to facilitate net metering for solar PV arrays, allowing installations up to 500 kWp.
The Greek net-metering scheme (decided on December 30th, 2014) is applicable to all solar PV systems that aim for self-consumption, thus expands to both rooftop and ground-mounted systems.
The upper limit for residential net-metering PV installations in Greece’s mainland grid is set at 20 kWp. However, in commercial applications where the required load exceeds 20 kWp, the new scheme allows for net-metering for installations that exceed the 20 kWp limit and reach up to half the power consumption of the consumer. In this case, net-metering systems can reach up to 500 kWp.
Moreover, for either governmental or non-governmental not-for-profit organizations (e.g. universities and hospitals), the net-metering law allows for PV installations that cover an organization’s electricity needs fully. In this case too, a net-metering PV installation cannot exceed 500 kWp of capacity.
Regarding Greece’s autonomous electricity grids (e.g. islands that are not interconnected to Greece’s mainland grid) the upper limit for net-metering installations is set at 20 kWp. An exemption to this rule is the island of Crete, where consumers can install systems up to 50 kWp.
Energy compensation for net-metering owners will be taking place on an annual basis.
The Greek photovoltaic sector has vastly shrunk in 2014 installing only about 17 MWp, where in 2013 the country had installed a record 1.04 GWp of new PV. The sharp drop in new installations was mainly the result of a freeze on the receiving and processing of new applications for PV systems from August 2012 until April 2014.
HELAPCO played an important role in introducing the new net-metering scheme. It also calls for the redesigning of the overall support schemes for PV, in order to offer meaningful incentives for systems over 500 kWp, as the current feed-in-tariffs for such systems are not sufficient to attract any investors
In April 2014, Greece has set a new target for PV until 2020, aiming at the installation of 2 more GWp of PV until the end of the decade.