According to HEDNO, during 2016 almost 287 net-metering applications were approved with a signed connection contract corresponding to a cumulative 11.4 MW of PV capacity for the interconnected system and the NIIs. As of 1Until June 2017, significant progress towards the establishment of a sustainable support scheme for RES electricity was made. In particular, production licenses issued prior to the entry into force of Law 3468/2006, which were granted for a period of fifteen years, may be extended under certain conditions up to a maximum of ten years in order to harmonize their total duration with the duration of the PPA. The ample availability of renewable energy potential (wind, hydro, biomass, geothermal, solar & solar thermal) combined with ongoing large-scale infrastructure projects involving Greece (TAP-IGB-EastMed Gas Pipelines, EuroAsia Interconnector, hydrocarbons exploration and development) show that Greece will be a key player in the formulation of the EU energy mix and will provide significant investment … This can be justified as this electricity is not instantaneously self-consumed but actually corresponds to a future consumption of electricity that will need to be provided by the electricity supplier at a later point. As reported by Eurostat, electricity tariffs by the second half of 2016 for final consumers in Greece were on average 172 €/MWh for medium-size households (including taxes and levies) and 112 €/MWh for medium-size industrial companies (including levies but excluding taxes). The specific trajectory for achieving this target is presented in the National Renewable Energy Action Plan (NREAP) of 2010. Moreover, the last decision of RAE 517/2017 introduced some specific rules for the renewal of production licenses for RES plants. RES projects are entitled to the reference tariff that is active at the time of commissioning of the project. Moreover, Law 4254/2014 provided for an annual cap of 200 MW for new photovoltaic projects and cumulative caps until 2020 for biomass (40 MW), biogas (50 MW), concentrated solar power plants (100 MW) and low enthalpy geothermal projects (50 MW). Specifically, in the last five years, a significant increase in the use of biomass has been observed due to the final consumers’ shift to biomass as a cheaper fuel to meet their heating needs and the consequences of the economic recession in the households’ income. The total electricity generation in the Greek interconnected system for the whole year 2016 amounted to almost 41.6 TWh. Domestic energy sources include lignite which accounts for around 50% of electricity generation as well as renewable energy sources (RES) such as hydro-power, wind, solar energy and biomass. The following table provides the adjusted ETMEAR charges per electricity consumer category as of the 1During the first six months of 2017, the deficit of the RES Special Account decreased from 144 m€ at the beginning of the year to 109 m€ by June 2017. Nevertheless, the 10% target for RES in transport is still far from being achieved considering the 1.4% RES share of 2015. meters) with the number of production points (important especially for the virtual net-metering), the possibility for offsetting the injected energy over a different time period and other data validation procedures for the virtual net metering installations. By December 2016, there has been an installed capacity of 223 MW of Other RES technologies for electricity generation have not been extensively developed so far. Fossil fuel and large hydro electricity producers submit their offers to LAGIE that organises the day-ahead market based on these offers. The new RES support scheme has been outlined in Law 4414/2016 and its provisions aim at reforming the support scheme of electricity production from RES and CHP power plants in order to achieve the progressive integration and participation of these generation units into the electricity market in an optimal and cost-effective way.

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