Greece’s offshore wind rollout remains stalled, as a crucial Joint Ministerial
Greece’s offshore wind rollout remains stalled, as a crucial Joint Ministerial Decision has been sitting at the Foreign Ministry since early this year. The delay has frozen billions in potential investment and left the country’s vast wind resources untapped, while Europe races ahead with major offshore projects.
Geopolitical dilemmas in the Aegean
For the past eight months, Athens has been weighing the geopolitical risks of developing offshore wind farms in the Aegean. The projects sit under the same shadow of uncertainty that hangs over other strategic ventures in Greek waters, from the Greece–Cyprus power interconnector to hydrocarbon exploration.
Meanwhile, Turkey is already preparing its first auction for offshore wind in early 2027, under a national plan that foresees 7 GW of capacity in the Sea of Marmara, the Black Sea and the Aegean by 2040.
In Greece, three years after the offshore wind law was passed, the Ministry of Foreign Affairs—despite having approved the National Offshore Wind Development Program—has yet to endorse the detailed map of sea plots to be included in the ministerial decision. These designated areas, all within six nautical miles, are expected to host the country’s first offshore wind investments.
According to Greece’s National Energy and Climate Plan, the target
Content Original Link:
Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
" target="_blank">Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
