The average winning bid in this round was €46,680/MW per year.

The list included proposals from 42 developers.

Greece’s Regulatory Authority for Energy has disclosed 48 provisional winners in the country’s second energy storage auction, totalling 1.5GW/3.1 gigawatt-hours (GWh).

The development is part of Greece’s ongoing efforts to enhance its energy storage infrastructure.

The average winning bid in this round is €46,680/MW per year.

Green hydrogen has the potential to reduce European dependence on Russian oil, boost energy security at a time of volatility and accelerate progress towards climate goals – and it is gaining attention from governments and industry leaders alike.

The list comprised proposals from 42 developers. However, bids amounting to 113MW from seven companies were not included in the competition.

Successful candidates included Amber Energy, CNI Energy, Energeiaki Techniki, Enel Green Power from Italy, Heron and Terna Energy from Greece, Renewables Now and Energy Storage News reported.