The government plans to greatly reduce subsidies in renewable energy sources (RES), and to change the market infrastructure by developing storage (batteries), interconnections, and the demand response, Environment and Energy Minister Thodoros Skylakakis revealed at the 9th Delphi Economic Forum on Thursday.

In 2022, renewable energy sources (RES) made up 41.2% of gross electricity consumption in the EU, Eurostat said on Wednesday.

The development of cross-border interconnections that make Greece an energy hub for Southeastern Europe was highlighted by Deputy Minister of Environment and Energy Alexandra Sdoukou in her address at the ministerial Conference of the International Energy Agency (IEA) on 13-14 February in Paris.