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: After a decade of impressive growth, the Greek non-hydro renewables industry came nearly to a standstill in 2014 and 2015, largely on account of regulatory changes introduced under the New Deal in mid-2014 as well as persisting economic and political challenges. While several recent project announcements highlight the industry's potential, we believe Greece's non-hydro renewables expansion will remain anaemic over the coming decade.

Renewables Headline Forecasts (Greece 2014-2024)
2014e 2015f 2016f 2017f 2018f 2019f 2020f 2021f 2022f 2023f 2024f
e/f = BMI forecast. Source: EIA, LAGIE, BMI
Generation, Non-Hydropower Renewables, TWh 9.085 9.189 9.252 9.297 9.336 9.393 9.425 9.459 9.482 9.516 9.541
Generation, Non-Hydropower Renewables, % y-o-y 2.995 1.154 0.676 0.490 0.419 0.610 0.347 0.354 0.249 0.353 0.262
Capacity, Non-Hydroelectric Renewables, MW 4,611.8 4,710.3 4,726.5 4,744.7 4,760.4 4,794.0 4,808.9 4,823.6 4,831.9 4,852.2 4,866.0
Capacity, Non-Hydroelectric Renewables, % y-o-y 2.9 2.1 0.3 0.4 0.3 0.7 0.3 0.3 0.2 0.4 0.3

Latest Updates a nd Structural Trends

  • Growth in Greece's non-hydro renewables sector continued to decelerate in 2015, recording 2.1% expansion in terms of capacity and 1.2% growth in terms of generation. Total sector's generation reached 9.19 Terawatt hours (TWh) and capacity was estimated at 4,710 megawatts (MW).

  • We hold our pessimistic outlook for the country's non-hydro renewables expansion over the coming decade. Between 2015 and 2024, we forecast the sector's generation to increase by 3.8% to 9.54TWh, while the capacity is set to grow by 3.3% to 4866MW.

  • We have kept our previous forecast and do not expect non-hydro renewables to expand its share in Greece's overall power mix. By the end of our review period in 2024, we forecast non-hydro renewables capacity to account for 18% of the total capacity (down from 18.5% in 2015), while the sector's contribution to the total generation is expected to remain at the current level - 15.3%.

BMI Industry View
5
SWOT
6
Industry Forecast
8
Greece Renewables Forecast Scenario
8
Table: Total Electricity Generation Data And Forecasts (Greece 2013-2018)
8
Table: Total Electricity Generation Data And Forecasts (Greece 2019-2024)
9
Table: Electricity Generating Capacity Data And Forecasts (Greece 2013-2018)
10
Table: Electricity Generating Capacity Data And Forecasts (Greece 2019-2024)
11
Greece Renewables Projects Database
17
Table: Greece's Major Projects - Renewables
17
Industry Risk Reward Index
18
Greece Renewables Risk/Reward Index
18
Rewards
18
Risks
18
Market Overview
20
Sustainable Energy Policy And Infrastructure
20
Targets (Renewables And Emissions)
20
Subsidies
20
Infrastructure
22
Competitive Landscape
23
Table: Producers And Suppliers In The Greek Renewables Market
23
Public Power Corporation
24
-lectricit- de France (EDF) SA
24
Iberdrola Renewables SA
25
Terna Energy SA
25
Sky Solar
25
Glossary
27
Table: Glossary Of Terms
27
Methodology
28
Methodology And Sources
28
Industry Forecast Methodology
28
Sources
30
Risk/Reward Index Methodology
30
Table: Renewables Risk/Reward Index Indicators
32
Table: Weighting Indicators
33

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.