The participation of RES in Greece's wholesale electricity markets
| dc.contributor.advisor | Farantouris, Nikolaos | |
| dc.contributor.advisor | Φαραντούρης, Νικόλαος | |
| dc.contributor.author | Konstantopoulos, Georgios L. | |
| dc.contributor.author | Κωνσταντόπουλος, Γεώργιος | |
| dc.date.accessioned | 2026-01-23T08:46:06Z | |
| dc.date.available | 2026-01-23T08:46:06Z | |
| dc.date.issued | 2024-01 | |
| dc.identifier.uri | https://dione.lib.unipi.gr/xmlui/handle/unipi/18814 | |
| dc.format.extent | 43 | el |
| dc.language.iso | en | el |
| dc.publisher | Πανεπιστήμιο Πειραιώς | el |
| dc.rights | Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα | * |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/gr/ | * |
| dc.title | The participation of RES in Greece's wholesale electricity markets | el |
| dc.type | Master Thesis | el |
| dc.contributor.department | Σχολή Οικονομικών, Επιχειρηματικών και Διεθνών Σπουδών. Τμήμα Διεθνών και Ευρωπαϊκών Σπουδών | el |
| dc.description.abstractEN | This dissertation thesis examines the penetration and the impact of the Renewable Energy Sources (RES) in the Greek wholesale electricity market. This thesis analyses European Union’s energy policy, and the respective regulatory framework. Then examines the Greek regulatory framework and the major shift in the Greek wholesale electricity market structure in terms of market liberalization within the framework of EU energy policy. Moreover, the operation of the Greek wholesale electricity market is extensively described under the Target Model. The thesis includes an in-depth analysis regarding the RES penetration. During the last years, the RES are crucial in the electricity production mix. Their contribution has increased from roughly 28.3% in 2021 to over 42% by late 2024. Hence, it led to a decrease in the use of lignite and natural gas. According to research in other markets, higher penetration of renewable energy sources has resulted in lower market clearing prices. In the case of Greece, this cannot be claimed as the implementation of the Target Model and the growth of RES have coincided with the energy crisis. However, it is observed that RES have contributed the most compared with other sources of electricity production to absorb the impact of the crisis. Lastly, the fast expansion of renewable energy sources has resulted in the emergence of considerable hurdles, the most notable of which are RES curtailments and problems related to the grid integration. This situation highlights the necessity of investments in storage technology as well as the need for regional interconnections. | el |
| dc.contributor.master | Energy: Strategy, Law & Economics | el |
| dc.subject.keyword | Renewable Energy Sources (RES) | el |
| dc.subject.keyword | Greek wholesale electricity market | el |
| dc.subject.keyword | EU energy policy | el |
| dc.subject.keyword | Target Model | el |
| dc.date.defense | 2025-12-16 |
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Τμήμα Διεθνών και Ευρωπαϊκών Σπουδών
Department Of International And European Studies
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Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα