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Greece will bet on renewable energy

Wednesday, March 15, 2023

Significance

The Greek government has pledged to phase out coal-fired generation by 2028 and to encourage investment in solar power, wind farms and green hydrogen, drawing on EU funds.

Impacts

  • High natural gas prices will keep interest in renewables high.
  • The authorities will revise national rules and procedures on permitting and spatial planning, in line with EU legislation.
  • New renewables projects may run into opposition at the regional and local levels.

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