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Established in 1977, Rokas has grown substantially to develop an international network of independent law and business consulting firms which spread…
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Rokas | Greece | 5 Jun 2023

Legal framework for increasing renewable energy in Greece

Over the past decade, Greece has made considerable efforts to achieve a green transition by increasing the number of renewable energy system (RES) shares in its energy mix. Additionally, both its climate and geographical position render RES development render favourable. The Hellenic Republic has adopted a National Energy and Climate Plan, providing a roadmap to achieve EU climate goals.
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Rokas | Greece | 22 May 2023

Amendments to levy imposed on gas-fired electricity producers

Recently, Law No. 5027/2023 was published in the Official Journal, introducing amendments to the Greek energy sector. This law amends Law No. 4986/2022, which set out the amount and calculation of the €10 per megawatt hour per thermal megawatt hour levy on each distributed natural gas-fired electricity generation unit.
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Rokas | Greece | 24 Apr 2023

Ministry of Energy publishes decision on temporary mechanism for return of part of proceeds on intraday market

The Greek Ministry of Environment and Energy recently published a decision that extends the application for the temporary mechanism for the refund of part of the day-ahead market (DAM) revenue to the intraday market. Before this, the temporary mechanism applied only to the DAM, thus enabling some producers to partially avoid its application by declaring increased loads on the intraday market.
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Rokas | Greece | 3 Apr 2023

Amendments to priorities for granting access to grid

Recently, ministerial decision No. 7063/2023, amending decision No. 84014/2022, was published in the Official Journal. This decision regulates the priority framework for granting final connection offers by the network operator and the system operator for renewable energy source plants, high efficiency combined heat and power electricity plants and storage plants, including saturated grid......
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Rokas | Greece | 27 Mar 2023

Greek energy authority regulates sharing of electricity transmission system extension costs

The Greek regulatory energy authority recently published a decision in the Government Gazette on the way in which costs are divided for producers, consumers or distribution networks to connect to the electricity transmission system. According to Greek law, producers or consumers may agree with the electricity transmission system operator to undertake part of the construction works for the......
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Rokas | Greece | 13 Feb 2023

Greece energy update in 2022

In 2022, Greece faced an extraordinary increase in energy prices which required immediate state measures. This article outlines the most important legislative updates that took place in the electricity market in Greece last year.
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Rokas | Greece | 23 Jan 2023

Foreign Investment Review in Greece

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