The Greek government is expected to approve a strategic environmental assessment (SEA) framework in October, ahead of the concession of 23 sea blocks designated for offshore wind farms in Greece.
The concession plan involves a series of steps for investors interested in taking part in the call to tender, which is planned to commence in 2027 for the first 6 blocks. These blocks are in Crete, Gyaros Island, a region off the coast of Evia, north of the Gulf of Patras, Rhodes and the island of Donoussa.
A special purpose vehicle (SPV) will be set up at the start of 2025 to streamline the process for investors, saving time and cost. The SPV will be responsible for launching tenders to assign the necessary wind and bathymetric surveys and studies for the areas included in the first batch of concessions
According to OT, presidential decrees will then be issued for the 6 areas demarcated for windfarms generating 1.9 GW by the end of 2030, before the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) grants the relevant survey permits.
The Directorate-General for Competition (DG COMP), an EC body overseeing competition practices, will approve the procedure, before the final stage, which is the start of the call to tender for offshore wind farm development.
The project of the construction of wind farms in Greece is considered of great significance for the country and the EU as a whole, as it will put Greece on the map as a formidable green energy producer while contributing to the push for energy independence from Russian gas.
