
The first offshore wind farms in Greece are expected to start construction from 2028 onwards, provided the necessary institutional interventions are implemented.
The first offshore concessions for the development of floating or fixed base wind turbines will be in Thrace and Crete.
The above emerged from yesterday’s conference organized by the Hellenic Hydrocarbons and Energy Resources Management Company (EDEFEP), ELETAEN (wind power producers union) and Grant Thornton.
During the event, the general secretary of Energy and Mineral Raw Materials, Alexandra Sdoukou, announced that the first priority for the first round of marine land concessions for wind farms is Crete and one or two other areas. She repeated the provision of the law for the pilot block concession off Alexandroupolis.
The managing director of EDEYEP Aris Stefatos presented the schedule of initiatives and subsequent institutional interventions for the determination of concessions and tenders.
The roadmap
According to the roadmap, the National Offshore Wind Farm Development Plan is expected to be completed in May 2023, while in the third quarter of the same year, the submission of the technical studies for the determination of the organized marine offshore wind farms is expected.
In the first quarter of 2024, the presidential decree on organized parks will be issued.
In the first and second quarters of the same year, the submission and acceptance of the applications of prospective investors for the first round of concessions and the issuance of research permits is expected.
From the third quarter of 2024 to the third quarter of 2026, the investigations of the prospective investors in the marine concessions will be conducted.
The third to fourth quarter of 2026 will be followed by the public consultation on the installation areas of offshore wind farms and at the end of the same year the maximum power generation capacity will be clarified and determined
In the first quarter of 2027, Regulatory Authoity for Energy’s tender for the compensation of power producers will be announced.
In the first quarter of 2028, the results of the tenders will be finalized, the licenses will be issued and the connection contracts will be signed. In the third quarter of this year, the construction of the offshore wind farms will begin.
Investments
Ms. Sdoukou reiterated the goal of developing offshore wind farms with a total capacity of 2 GW by 2030.
The same study cited by Grant Thornton said that investments are estimated at 6.4 billion. euros including the entire chain of projects and the contribution to the economy, while it is possible that over 8,000 jobs will be created.


Latest News

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.

Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.

Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread

Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion

Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece

Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece