According to the National Energy and Climate Plan (NECP), Greece has committed to producing at least 2 gigawatts of offshore wind energy by 2030.
In recent years, Greece has gained significant experience in investing in and utilizing onshore wind farms. At the moment, through the National Programme for Offshore Wind Energy, it's in the process of taking its first steps in developing offshore wind parks aimed at ensuring energy security and the country's smooth transition to clean, zero-emission carbon dioxide.
Based on the analysis of the Hellenic Wind Energy Association (HWEA), the country's preliminary energy planning sets targets for offshore wind parks to generate 1,900 megawatts by 2030, 6,200 megawatts by 2035, and aims for 17,300 megawatts by 2050.
The National Programme is expected to attract numerous investors, both domestic and international, and achieving these goals will require multi-billion investments until 2050. Research by FEIR (Foundation for Economic and Industrial Research) suggests that developing and completing floating wind parks could potentially increase Greece's GDP by an average of up to €1.9 billion annually from 2024 to 2050, and also increase government revenues by up to €440 million annually.
The National Programme is estimated to execute projects by and after 2030-2032, depending on the region, project size, and specifications. A total of 25 Offshore Wind Farm areas (OWF Organised Areas Development-OWFODA) have been selected for the Programme, where Environmental Impact Studies must first be completed, followed by approval through a joint ministerial decision.
The areas approved for the installation of the first offshore wind parks are in Crete, the northern Aegean between Lemnos and Agios Efstratios, the Dodecanese on the axis of Ikaria-Patmos-Leros, the Cyclades, and possibly the region east of Evia. These areas were evaluated based on their environmental, spatial, economic, social, and geopolitical characteristics.
Ιnvestments and the use of energy from offshore wind park units will significantly contribute to achieving Greece's climate neutrality, both for the country and its businesses, by 2050.
As per the National Climate Law (Law 4936/2022), specifically Article 11, the production of electricity from solid fossil fuels will be prohibited from 2028. Therefore, investments and the use of energy from offshore wind park units will significantly contribute to achieving Greece's climate neutrality, both for the country and its businesses, by 2050. Greece, with the National Programme for Offshore Wind Parks and the multimillion investments to follow, is aligning with the track set by Europe, which leads globally in offshore renewable energy sources and aims to increase its capacity twenty-fold in this sector by 2050.
E-On Integration, through the RiskClima software and its specialized services, is positioned to support businesses exploring the risks and opportunities arising from climate change and the country's transition to greener energy sources, such as offshore wind energy. Additionally, using RiskClima, businesses can record and monitor the reduction of their carbon footprint from using energy generated by offshore wind parks.
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