Large scale integration of intermittent renewable energy sources in the Greek power sector

► Greece needs 8.8 to 9.3 GW additional RES installations by 2020. ► RES capacity credit varies between 12.2% and 15.3%, depending on interconnections. ► Without institutional changes, the reserve requirements will be more than double. ► New CCGT installed capacity will probably exceed the cost-efficient level. ► Competitive pressures should be introduced in segments other than day-ahead market.