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Newsletter March 2013


Renewable Energy Sources Going Strong

Greece has witnessed a strong development of its RES sector, combining natural conditons and human resources.

Third Generation Photovoltaics
Third Generation Photovoltaics, which will use very small amounts of inexpensive materials (100 nano instead of 10 microns), are being prepared by the first pilot project producing organic electronics, which is comprised of 18 organizations from Greece and abroad. The new type of solar panels will be 50% cheaper than the second-generation photovoltaics found in the market today and, in addition to their core functional properties, will also have an ornamental characteristic. Such applications are already being put to use in Los Angeles, USA.

Professor Stergios Logothetidis, head of the Laboratory of Nanotechnology (LTFN) and project coordinator, said "the first pilot production line of organic electronics is scheduled to begin in two years in Greece and it is expected to create 40-50 jobs for skilled personnel, and the funding  expected to come to Greece for equipment and jobs reaches 2.5 million Euros. "

Wind Power—1749,3 MW
Based on the statistics of the Hellenic Wind Energy Association (ELETAEN), the total wind power by the end of 2012  that was under either a commercial or trial run is 1749,3 MW.

This power is distributed as follows:
In non-interconnected islands: 287,9 MW
In interconnected system: 1461,4 MW

The new wind capacity installed in 2012 was 116,6 MW. Uninstalled units total 1,4 MW. The net increase in wind power in 2012 was 115,2 MW.

The growth rate in relation to the end of 2011 is 7%, down from the 23.5% achieved in 2011, which was the best year for development of wind energy in Greece.

Investment in Renewable Energy Sources—2.5 Billion Euro in 2012
The value of investments made in renewable energy sources in Greece totaled around 2.5 billion Euro in 2012, of which around 150 million Euro were in wind power projects, a report by the Hellenic Scientific Association of Wind Power Energy said.

The report said that net increase in wind power was 115.2 MW in 2012, up 7.0 percent compared with the previous year, after a 23.5 percent growth rate recorded in 2011 – the best year in history for the wind power sector in Greece.

The figures offer evidence that the wind power sector is vibrant and has significant growth prospects. Central Greece remains at the top of wind power facilities, with a power capacity of 548 MW and a market share of 31.3 percent, followed by the Peloponnese with 340.75 MW (19.5 percent) and Eastern Macedonia-Thrace with 240.6 MW (13.8 percent).

EDF, with 298.8 MW and a 17.1 percent market share, was top among the energy groups in the sector, followed by:
•  Iberdrola Rokas with 250.7 MW (14.3 percent)
• ΤΕRΝΑ Εnergy with 241.5 MW (13.8 percent)
• ENEL Green Power with 200.5 MW (11.5 percent)
• ΕLLAKTOR with 146.8 MW (8.4 percent)
Among wind power generator suppliers, Vestas is at the top with a 44.6 percent market share in 2012, followed by Enercon (40.8 percent) and Gamesa (14.6 percent).

January 30, 2013