The EU Commission approves a Greek scheme under the Recovery and Resilience Facility to support development of electricity storage facilities

State aid: Commission approves Greek scheme under Recovery and Resilience Facility to support development of electricity storage facilities* The European Commission has approved, under EU State aid rules, a Greek measure with an estimated budget of €341 million to support the construction and operation of storage facilities in the electricity system. The measure will be partly funded by the Recovery and Resilience Facility (‘RRF'), following the Commission's positive assessment of the Greek Recovery and Resilience Plan and its adoption by the Council. The measure aims at allowing a smooth integration in the Greek electricity system of an increasing share of renewable energy coming from wind and solar sources. The scheme will also contribute to the EU's strategic objectives relating to

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European Commission, The EU Commission approves a Greek scheme under the Recovery and Resilience Facility to support development of electricity storage facilities, 5 September 2022, e-Competitions September 2022, Art. N° 108548

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