An analysis of the Greek photovoltaic market

Techno-economic evaluation of small hydro power plants in Greece: a complete sensitivity analysis

“…In addition, there is a monthly compensation for the power added to the local network. On the other hand, according to the current (Tsoutsos et al, 2004) legislation frame (Law 2773/99), a supplementary amount from the investment revenues is directly transferred to local municipalities, defined as their fraction p ðpE223%Þ: Thus, the present value of the total SHP station income (operating for n years) is given as…”

“…These values should be representative for the techno-economic situation of the local market (Kaldellis, 2002a, b;Tsoutsos et al, 2004) for the next 10-20 years. After extensive research, the following values are selected for the main parameters of the problem; see also Table 1.…”

“…* The corresponding capital cost value is taken equal to i ¼ 8%; a reasonable value in comparison with the local market investment opportunities and the corresponding investment risk, while the loan amortization period is set equal to five (5) years. * The corresponding price for the electricity production sold to the national grid is determined by the law 2244/94, according to the tariffs of the Greek Public Power Corporation (Tsoutsos et al, 2004), and it is assumed equal to 0:0606 hkWh; while the corresponding monthly power compensation is 1615 hðkW:moÞ: * No water fees are taken into consideration in the present survey, i.e. W o ¼ 0:…”

“…and the corresponding country members remarkably subsidized investments in the energy production sector, under the precondition of clean energy production, i.e. utilization of renewable energy sources (Tsoutsos et al, 2004;Kaldellis, 1997;Ministry of Development, 2003a). In Greece, all SHP applications are currently subsidized by 40% of the initial capital invested, while this value formerly was 50% (Ministry of Development, 2003b).…”

Optimal sizing and life cycle assessment of residential photovoltaic energy systems with battery storage

“…In year 2003, an independent RESe producer was paid 0Á063 s/kWh in the Greek mainland and 0Á078 s/kWh in the noninterconnected islands. 7 Since then, Greece has introduced a new solar electricity tariff in 2006, in which a RESe producer is paid 0Á45 s/kWh in the Greek mainland and 0Á50 s/kWh in the noninterconnected islands for the systems that are less than 100 kW of installed power. 8 For the systems larger than 100 kW of installed power, a RESe producer is paid 0Á40 s/kWh in the Greek mainland and 0Á45 s/kWh in the noninterconnected islands.…”