Renewable energy in Greece

[5] Under the new law, the compensation for renewable energy producers will consist of what they receive in the electricity market plus a variable feed-in premium.

[6] According to the Ministry of Environment and Public Works, the system would have a nameplate capacity of 3,372 MW of power from wind alone[when?]

Source: Hellenic Wind Energy Association,[11] Statista[12] The solar energy development in Greece started in 2006 and increased substantially from 2009 because of the high feed-in tariffs introduced and the corresponding regulations for domestic applications of PVs on rooftops.

[citation needed] From August 2012 new regulations have been introduced including a temporary tax imposed to all operating PV plants (excluding residential applications), licensing of new PV projects have been put on halt and the feed-in tariffs were drastically reduced.

[16] Due to Greece's geographical positioning in the world, they are advantageous when its comes to harnessing geothermal energy at high or low temperatures.

[22] High temperature geothermal energy can be located 1-2 kilometers beneath Santorini, Nisyros, and the Aegean Islands of Milos, while low temperature geothermal energy can be located in regions such as Loutra-Samothrakis, Serres, Chalkidiki, Alexandroupolis, Lesvos, Chios, and Thermopyles.