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Penetration of Photovoltaics in Greece

Author

Listed:
  • Eugenia Giannini

    (Department of Chemical Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Antonia Moropoulou

    (Department of Chemical Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Zacharias Maroulis

    (Department of Chemical Engineering, National Technical University of Athens, 15780 Athens, Greece)

  • Glykeria Siouti

    (Department of Law, National and Kapodistrian University of Athens, 10672 Athens, Greece)

Abstract

Recently, an interesting experiment was completed in Greece concerning photovoltaic penetration into the electricity production sector. Based on the relevant laws and in accordance to the related European directives, an explosive penetration process was completed in less than three years, resulting in a 7% share of photovoltaics in electricity production instead of the previous negligible share. The legislation was based on licensing simplification and generous feed-in-tariffs. This approach transformed photovoltaic technology from a prohibitively expensive to a competitive one. This work aims to summarize the relevant legislation and illustrate its effect on the resulting penetration. A sigmoid-shape penetration was observed which was explained by a pulse-type driving force. The return on investment indicator was proposed as an appropriate driving force, which incorporates feed-in-tariffs and turnkey-cost. Furthermore, the resulting surcharge on the electricity price due to photovoltaic penetration was also analyzed.

Suggested Citation

  • Eugenia Giannini & Antonia Moropoulou & Zacharias Maroulis & Glykeria Siouti, 2015. "Penetration of Photovoltaics in Greece," Energies, MDPI, vol. 8(7), pages 1-12, June.
    • Handle: RePEc:gam:jeners:v:8:y:2015:i:7:p:6497-6508:d:51733
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

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    8. Stelios Loumakis & Evgenia Giannini & Zacharias Maroulis, 2019. "Renewable Energy Sources Penetration in Greece: Characteristics and Seasonal Variation of the Electricity Demand Share Covering," Energies, MDPI, vol. 12(12), pages 1-20, June.
    9. Panagiotis Anagnostopoulos & Niki-Artemis Spyridaki & Alexandros Flamos, 2017. "A “New-Deal” for the Development of Photovoltaic Investments in Greece? A Parametric Techno-Economic Assessment," Energies, MDPI, vol. 10(8), pages 1-25, August.
    10. Aikaterini Papadimitriou & Vassilios Vassiliou & Kalliopi Tataraki & Eugenia Giannini & Zacharias Maroulis, 2020. "Economic Assessment of Cogeneration Systems in Operation," Energies, MDPI, vol. 13(9), pages 1-15, May.

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