About Successful bid price of enterprise ESS system project in Greece 2026
The tender bids ranged between EUR 33,948 (USD 37,091) per MW and EUR 64,122 per MW, while the weighted average tariff of the successful proposals was pegged at EUR 49,748 per MW every year. The tariff at which bids were capped were 115,000 per MW annually.
The tender bids ranged between EUR 33,948 (USD 37,091) per MW and EUR 64,122 per MW, while the weighted average tariff of the successful proposals was pegged at EUR 49,748 per MW every year. The tariff at which bids were capped were 115,000 per MW annually.
The successful participants in the second round of Greece’s auction for financial support of large-scale BESS have been revealed. The Regulatory Authority for Energy (RAE) of Greece revealed the shortlist of successful bidders in the second round of its auction for energy storage, totalling.
The average subsidy price in the third auction exercise came at €52589.16/MW/year. The lowest successful bid stood at €43927/MW/year, concerning a 25 MW/100 MWh project in the Western Macedonia region. The highest awarded subsidy came at €58773/MW/year and refers to a 7.9 MW/31.6 MWh project.
Greece has launched its third and final tender under a 1-GW program to support standalone battery energy storage systems (BESS), aiming to allocate 200 MW of capacity with available subsidies of EUR 200,000 (USD 217,920) per MWh. This move, approved by Greece's Regulatory Authority for Energy.
All the bids submitted by HELLENiQ Renewables, a subsidiary of HELLENiQ ENERGY, in the first tender held in Greece for the granting of investment and operating aid to Energy Storage System (ESS) projects, were accepted by the Regulatory Authority for Energy, Waste and Water (RAAEY). The RAAEY.
The bids were priced at between EUR 34,000 (USD 37,475) per MW and EUR 64,000 per MW and were capped at EUR 115,000 per MW per year. The lowest offer was launched by Helleniq Energy, while Intra Energy placed the highest bid. The selected developers will receive a grant of up to EUR 200,000 per MW.
The starting bidding price has been defined to 115,000.00 €/MW/year. In case the bid offer corresponds to a capacity lower than the capacity of the BESS defined in the Storage License the bid offer includes an application for the amendment of the Storage License, which will be reviewed by RAEWW.
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6 FAQs about [Successful bid price of enterprise ESS system project in Greece 2026]
Can ESS project operators participate in an auction?
In order to be eligible to participate in an auction, ESS project operators should not have begun their construction prior to the submission of their offers, while for participants in the first auction, it is also stipulated that they must be endowed with a valid energy storage license.
Where are the ESS projects located?
The projects are located in central and northern Greece. Two will operate under the Greek ESS Tender scheme, while the other two will participate in the free market. The Dokos project in Rodopi, with a license of just over 8 MW for two hours, will offer an initial installed usable capacity of 25.065 MWh.
Which energy company has the lowest bid?
Helleniq Energy made the lowest offer while the highest bid came from Intra Energy (INTRAKAT). The tender was launched last month and has seen 93 proposals come in boasting an aggregate capacity of 3.3 GW, as against the 400 MW target. The tender has been major oversubscribed.
What is the storage capacity requirement for ESS projects?
Exceptionally, in the context of the third auction and for ESS projects with a maximum total capacity of 50 MW, this storage capacity requirement is limited to 250 MWh, provided that the storage technology used is new and durable.
How long does it take to bid for a waste & energy auction?
Each auction shall be conducted by the Regulatory Authority for Waste, Energy and Water (“ RAWEW ”) – known until recently as Regulatory Authority for Energy (RAE) – and the tenderers’ offers shall be submitted between 21 and 28 days from the date of RAWEW’s invitation. The procedure to be followed is that of a single-stage bidding. 4.
Does Sungrow have a Bess project in Greece?
Sungrow and KTISTOR Energy have teamed up on several small BESS projects in Greece, amounting to a total capacity of 105 MWh. The projects will deploy Sungrow’s PowerTitan 2.0 liquid-cooled BESS which was designed specifically for grid-forming applications.
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