Signs of recovery in Greek wind energy market

Greece?s wind energy sector showed signs of investment recovery during the second half of 2013, despite the adverse conditions, the Hellenic Wind Energy Association (ELETAEN) said on Thursday.

At regional level , central Greece remains on top of wind installations, it said.

According to AMNA, total net wind power installed between June-December 2013 was 71,15 MW, nearly twice the power of the previous six-month period (44,05 MW) and seven times the strength of the corresponding period of 2012 (10,35 MW). This means wind energy market grew 7.93 percent in the last half of 2013, while annual growth was 7.05 percent. Total wind power was estimated at 1864,6 MW at the end of 2013 .

Installed capacity rose by 71.15 MW in the second half of 2013 compared with an increase of 44.05 MW in the first half and 10.35 MW in the second half of 2012, showing investment recovery amid adverse economic conditions, the Athens-based association said today in an e-mailed statement.

Electricite de France SA was the biggest producer of wind energy in Greece in 2013, accounting for 322.8 MW or 17 percent of total production, according to the association. Terna Energy SA (TENERGY) was the second-largest producer with 277.4 MW and Iberdrola Renovables SA