The hybrid project in Amari, Crete, will kick off after the approval of the Council of State.
As arises from the operative part of the Supreme Administrative Court – as the relevant decision is still pending – the Council of State has rejected almost all the grievances that had been raised against the implementation of the project, while the relevant solutions have already initiated just for the two issues it acknowledged.
More specifically, and as reported, the Council of State did not acknowledge any issues concerning the pumping part of the project, while, as far as the wind farm part is concerned, it only acknowledged the need to prepare a Special Ecological Assessment, as well as the removal of 4 wind turbines. Both issues have already been addressed, as the relevant study has been completed, while earlier, this year, the competent authorities approved a modification of the wind farm design, reducing the number of wind turbines, without affecting the total capacity of the wind farm (72 MW).
The project
Terna Energy’s hybrid clean energy generation and storage project in Amari, Crete, with a total installed capacity of 153 MW, is the largest hybrid project in Europe and the first of its size and characteristics in Greece. In practice, the project provides for the generation and storage of clean energy, using pumped storage, which is the only way of reliable, strategic electricity storage that allows the integration of a higher percentage of RES energy, covering potential system stability problems due to the unpredictable nature of RES generation. This is why value-added storage solutions, such as hybrid and pumped storage, are a priority for Europe as a whole, securing community financing and support, and have been included by the government in the Strategic Investments.
The contribution of the project
However, beyond the national and European importance of the project, its contribution to the local community is also of the utmost importance, as it creates 1,000 new jobs, when the project starts, and at least 100, during its operation, while it provides local municipalities and communities with 110 million euros in additional revenue over a 25-year horizon. Moreover, it ensures residents a reduced electricity tariff and protects locally from extreme weather events, such as flooding.
Latest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.