GREECE Trends and Developments Contributed by: Evangelos (Evans) Courakis, Eleni Svoronou, Dimitra Rossopoulou, Maria Konstantina (Mariadina) Lili Kokkori and Evangelos Konitsas, Koutalidis Law Firm
Conclusion As Greece deepens its energy transition, its legal and regulatory ecosystem is adapting to new technological realities and investment models. While grid constraints and administrative com- plexity continue to challenge project develop- ment, the broader outlook remains compelling: a rich renewable resource base, sustained inves- tor confidence, and a policy environment that actively embraces innovation. The second half of 2025 will be decisive. Key developments to watch include the first tenders under the standalone storage regime, the adop- tion of Greece’s inaugural hydrogen law, and fur- ther integration of the Green PPA platform into market operations. In parallel, emerging trends – such as AI-enabled trading and the rise of digital infrastructure – signal a broader transformation of the energy landscape. For investors, developers and policymakers, Greece remains not just a growth market but a testbed for next-generation clean energy solu- tions in Southeast Europe – one whose momen- tum is not expected to be materially affected by the recently adopted FDI screening mechanism.
aim to strengthen energy security, deepen mar- ket integration, and expand Greece’s capacity for cross-border renewable energy exports. Alexandroupolis LNG Terminal and FSRUs The Alexandroupolis Floating Storage and Regasification Unit (FSRU), now operation- al, positions Greece as a key gas gateway to South-East Europe. It complements DESFA’s recently expanded virtual trading point and supports regional diversification of supply. Fol- lowing a temporary suspension due to technical issues, the Alexandroupolis FSRU is expected to resume regasification operations by 15 August 2025, as Gastrade proceeds with booster pump repairs. In parallel, five additional FSRUs are under various development stages, with some in licensing and others approaching final invest- ment decision. Carbon capture and storage (CCS) clusters CCS deployment is gaining momentum, cen- tred around the Prinos offshore site and indus- trial hubs in Northern Greece. Supported by EU Innovation Fund financing and regional co-oper- ation MoUs, these projects aim to decarbonise hard-to-abate sectors and form part of Greece’s long-term climate strategy. Legal and permitting frameworks are under development to accom- modate storage licences and cross-border CO₂ transport. These projects aim to enhance security of sup- ply, boost RES integration, and position Greece as a key energy transit route in the Eastern Medi- terranean.
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