DEI – Emphasis on wind farms

The Public Power Corporation, DEI, has approved the six-year Operating Programme (2007-2012) for major investment in renewable energy sources (RES), producing up to 900 MW by 2012. DEI hopes to acquire and hold a 23% share in the Greek RES market by 2014. In order to implement this development aim and improve its RES competitiveness, DEI Renewables is to implement the following policies:

  • Full exploitation of its skilled management staff
  • Maximization of its operational wind farms and hydroelectric stations, with a total output of about 85 MW. The company has also taken steps to realize new investments of 45 MW
  • New investments via business partnerships with major Greek and foreign companies in all RES sectors.

The DEI Board of Directors has already approved the transfer of assets belonging to the Alternative Forms of Energy Directorate (DEME) to its subsidiary DEI Renewables, which will be solely responsible for the RES sector.

The Board of Directors has also approved the partnership of DEI Renewables with French company EDF Energies Nouvelles, for the joint construction of wind farms with a total output of 122 MW.

This bilateral partnership will take off immediately with the construction of a 38 MW wind farm in Boeotia, expected to be completed by early 2008. The remaining projects should be completed in 2009. DEI Renewables is also examining other partnership proposals, including the construction and operation of photovoltaic parks.

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