Greece Renewables Report

Providing expert analysis, independent forecasts and competitive intelligence on the Renewables industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast, BM's Renewables Risk Reward Index, Market Overview, Business Environment Rankings and Competitive Landscape.

Why you should buy this report

  • Benchmark BMI's independent renewables industry forecasts to test other views
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position.
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Greece Renewables Report
Product Price
$1,295.00

BMI View: Despite favourable climatic conditions for the development of renewable energy, the Greek non-hydro renewables industry will remain at a virtual standstill over the coming decade. The growth will be stalled by an unstable regulatory environment, poor project financing conditions and the country's persisting economic and political challenges.

Renewables Headline Forecasts (Greece 2015-2021)
2015e 2016f 2017f 2018f 2019f 2020f 2021f
e/f = BMI estimate/foreacst. Source: National Sources, BMI
Generation, Non-Hydropower Renewables, TWh 9.189 9.252 9.297 9.336 9.393 9.425 9.459
Generation, Non-Hydropower Renewables, % y-o-y 1.154 0.676 0.490 0.419 0.610 0.347 0.354
Capacity, Non-Hydroelectric Renewables, MW 3,875.7 3,889.3 3,904.8 3,917.8 3,945.0 3,957.4 3,969.6
Capacity, Non-Hydroelectric Renewables, % y-o-y -16.0 0.4 0.4 0.3 0.7 0.3 0.3

Latest Updates and Structural Trends

  • This quarter we have kept our pessimistic forecast for Greece's non-hydro renewables industry. Over the coming decade, we expect the industry to average 0.3% and 0.4% annual growth rates in terms of non-hydro renewables capacity and generation respectively.

  • In order to rein in persisting Renewable Energy Sources (RES) deficits, in April 2016 the Greek Environment and Energy Ministry has proposed essential changes to the RES special account system, which would include a revamp of its revenue-raising mechanisms. The draft proposals are currently being coordinated with the European Commission (EC) and could reach the Greek parliament in early summer 2016.

  • The Environment and Energy Ministry plans to stage two pilot tenders for an installation of PV facilities with a total capacity of 50MW. According to Energypress.eu, the tenders are expected to be launched in June 2016.

  • In February 2016 Mihalis Veriopoulos, who is in charge of Energy and Mineral Resources division at the Greek Environment and Energy Ministry, revealed government plans to add 2.5GW of new renewables capacity by 2020.

BMI Industry View
7
Table: Renewables Headline Forecasts (Greece 2015-2021)
7
SWOT
8
Industry Forecast
10
Greece Renewables Forecast Scenario
10
Latest Updates
10
Structural Trends
11
Table: Total Electricity Generation Data And Forecasts (Greece 2014-2019)
16
Table: Total Electricity Generation Data And Forecasts (Greece 2020-2025)
17
Table: Electricity Generating Capacity Data And Forecasts (Greece 2014-2019)
18
Table: Electricity Generating Capacity Data And Forecasts (Greece 2020-2025)
19
Greece Renewables Projects Database
20
Table: Greece - Top Renewables Projects By Capacity (MW)
20
Industry Risk/Reward Index
21
Greece Renewables Risk/Reward Index
21
Rewards
21
Risks
21
Market Overview
23
Sustainable Energy Policy And Infrastructure
23
Targets
23
Subsidies
23
Infrastructure
25
Competitive Landscape
26
Table: Producers And Suppliers In The Greek Renewables Market
26
Public Power Corporation
27
-lectricit- de France (EDF) SA
27
Iberdrola Renewables SA
28
Terna Energy SA
28
Sky Solar
28
Glossary
29
Table: Glossary Of Terms
29
Methodology
30
Methodology And Sources
30
Industry Forecast Methodology
30
Sources
32
Risk/Reward Index Methodology
32
Table: Renewables Risk/Reward Index Indicators
34
Table: Weighting Indicators
35

The Greece Renewables Report researched at source contains BMI Research's assessment of the current renewables market in Greece. The report also contains historical data together with forecasts to end-2018 covering electricity generation (TWh) and electricity capacity (MW).

The renewables sectors covered in the report include Wind, Solar, Geothermal, Tidal and Wave, and Biomass (See Table of Contents for exact coverage). The report also features details on government green energy agendas and funding opportunities, as well as presenting a detailed list of key renewables projects currently being planned or undertaken in Greece, their capacity, the timeframe of construction and their current status.

The report discusses the various energy policies currently in force, including targets, subsidies and the relevant infrastructure developments or limitations which might impact on renewables growth, analysing the potential effects of regulatory changes in conjunction with the background macroeconomic outlook. Finally, there is a general overview of the competitive landscape in Greece, together with a detailed summary of the main utilities and manufacturers present and their business operations.

BMI's Greece Renewables Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with unique independent forecasts and competitive intelligence on the Greece renewables industry.

Key Benefits

  • Benchmark BMI's independent renewables industry forecasts for Greece to test other views - a key input for successful budgeting and planning in the renewables market.
  • Target business opportunities and risks in the Greece renewables sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in the country.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering the renewables market in Greece, regulatory changes, major investments and projects and significant multinational and national company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the renewables sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2010-2012) and forecasts to end-2018 for electricity generation (TWh) and electricity generating capacity (MW) for each individual renewables sector present in the country.

These in turn are broken down into:

Electricity Generation: Overall capacity (TWh), growth % change year-on-year, KWh per capita, % of Total Non-Hydropower renewables generation, % of total electricity generation.

Electricity Capacity: Overall capacity (MW), growth % change year-on-year, % of non-hydroelectric renewables capacity and % of total capacity.

These forecasts are in turn supported by explicit assumptions, in conjunction with analysis of the key risks to the main forecast.

Business Environment Rankings

BMI's Renewables Business Environment Rankings provide fully comparable Risk-Reward Rankings aimed at investors in the regional renewables market.

The rankings methodology makes sophisticated use of various industry, economic and demographic data point.