In 2017, the main imported energy product was The electricity produced has been remunerated by a technology-specific feed-in tariff (FIT). IPTO has the role of Transmission System Operator (TSO) for the Hellenic Electricity Transmission System and is responsible for system operation, maintenance and development. The law also provides the basis for the establishment of RES aggregators as new market participants. The overall target is therefore supposed to be achieved through a combination of measures for energy efficiency and the large-scale penetration of RES technologies in electricity production, heat supply and transport sector. Greece's oil production stands at 7,946 barrels per day (bbl/d), ranked 90th, while it exports 1,863 bbl/d (57th) and imports 496,600 bbl/d (25th). RAE also acts as a dispute settlement authority with respect to complaints against transmission or distribution system operators in the electricity sector. These FIT are paid from the RES Special Account which is also managed by LAGIE. The six Ministerial Decisions ΑΠΕΗΛ/Α/Φ1/οικ.187701-187706 that were adopted on the 12Law 4414/2016 also foresees a shift towards a general RES tendering scheme from the 1The tender consisted of two lots for PV projects with an installed capacity below and above 1 MW (i.e. On the islands, HEDNO is responsible for concluding power purchase agreements (PPA) with RES producers. more electricity was consumed than produced; the installation operator is obliged to pay the difference. Other RES (including energy recovery plants utilizing the fraction of the biodegradable municipal waste falling outside another category of the table that meet the requirements of the current European legislation) The responsible organisational unit within YPEN is the General Secretariat for Energy and Climate Change. Reference tariffs (or “strike prices”) reflect the overall average remuneration which is required by RES generators. Currently there are no articles under this heading. It prepares on an annual basis the Hellenic Electricity Transmission System Ten Year Development Plan. Currently there are no articles under this heading.

The total installed solar PV capacity by the end of 2016 accounted for 2,605 MWp, out of which 375 MW of small PV systems below 10 kWp have been installed under the Special Photovoltaic Rooftop Programme. Currently there are no articles under this heading. Moreover, Law 4254/2014 provided for an annual cap of 200 MW for new photovoltaic projects and cumulative caps until 2020 for biomass (40 MW), biogas (50 MW), concentrated solar power plants (100 MW) and low enthalpy geothermal projects (50 MW). Greece has 10 million barrels of proved oil reserves as of 1 January 2011. The installed capacity for wind energy has increased by 279 MW or almost 13.3% in 2016 compared to the figures at the end of 2015, making 2016 the second best year for the Greek wind energy sector in terms of new installations. As of 1Until June 2017, significant progress towards the establishment of a sustainable support scheme for RES electricity was made. RAE monitors the operation of the energy markets, including electricity from RES. The establishment of this monitoring mechanism is considered as a positive development which can assist in public authorities in taking proactive measures in case of new developments and to ensure the future sustainability of the Greek RES support scheme. The same reference tariff is applied throughout the entire duration of the period during which a given RES project is entitled for support (e.g. The operating aid under the RES support scheme is paid to RES producers through the RES Special Account which is managed by the Electricity Market Operator (LAGIE). In 2015, energy imports for Greece was 64.2 %. A negative value indicates that the country is a net exporter. Currently there are no articles under this heading.