CHN Energy Europe Renewable Energy Holding S.A., in partnership with the globally renowned consultancy AFRY, has officially released a comprehensive research report regarding Greece’s renewable energy market on Monday.
The report, titled “Greece as a Southeast European Energy Hub: Integration, Flexibility (Storage), and the Road Ahead”, provides an in-depth analysis of the current Greece’s renewable energy landscape, identifying the challenges and emerging investment opportunities for global energy enterprises investing in renewable energy projects in the country.
The Report examines the ongoing evolution of the Greek market through six critical dimensions: including the transition of the power mix, the surge in solar PV capacity and its associated challenges, market and policy response mechanisms, investment potential in power grids and energy storage, the reshaping of the competitive landscape, and pathways for regional energy integration. The Report notes that over the past five years, Greece’s power generation structure has undergone a profound energy transition, evolving from a reliance on coal-fired generation and electricity imports to a system characterized by a high penetration of renewable energy sources and regional interconnectivity. This shift has solidified its position as a leading renewable energy hub in Southeast Europe.
The Report also points out that the rapid expansion of renewable energy—particularly solar PV—has placed significant pressure on transmission networks and market balancing mechanisms. The Report suggests that the next phase of Greece’s energy transition will center on enhancing system flexibility to balance electricity supply and demand.
Looking ahead, Greece is expected to increase investment in grid infrastructure and energy storage, as exemplified by the ongoing Crete–Attica electricity interconnection project and a series of upcoming energy storage projects. Despite the complexities of the current power market, the Report concludes that the Greek renewable energy sector remains a fertile ground for significant growth and innovation.
The successful release of the Report reaffirms CHN ENERGY Guohua Energy Investment Europe Renewable Energy S.A.’s sustained commitment to Greece’s energy transition. By advancing sustainable local development, the company continues to play an active role in fostering dialogue and cooperation between China and Europe in the renewable energy sector.
