Wattcrop is developing two flagship energy storage projects in the region of Western Macedonia. The estimated budget for the construction of the projects exceeds 200 million euros.

 

The first project is located in Anatoliko in the municipality of Eordia, in the Kozani regional unit. It is an interconnected Energy Storage System with a nominal capacity of 800 MWh and a nominal power of 200 MW.

The second project is located in Olympiada, in the municipality of Eordia, in the Kozani regional unit. The maximum capacity is 200 MW. It is an interconnected Energy Storage System with a nominal capacity of 800 MWh and a nominal power of 200 MW.

Both applications have received a producer certificate from RAE, while the Environmental Impact Study will be submitted to the Decentralized Administration in February. The company’s target for the next three years is to develop large-scale energy storage projects with a total installed capacity of 1GW, and generation of 4GWh.

The extensive use of Renewable Energy Sources (RES) is a fundamental element of European energy and climate policy on the path towards climate neutrality. But as the share of RES increases, so does the need for energy storage to balance supply and demand. For this reason, storage technologies have become central to both the National Energy and Climate Plan 2030 and the Long Term Strategy of Greece 2050.

Wattcrop is committed to providing innovative energy solutions that are reliable and cost-effective. These projects are expected to have significant benefits both locally and regionally as energy storage will help address the chronic and worsening problem of grid saturation. It also has beneficial effects on markets by reducing price fluctuations in the daily energy market.

Furthermore, with the construction and operation of the project, there is no pollution of the atmosphere with the generation of waste, no noise which could affect the fauna and flora of the area, and new jobs are created which will primarily employ local professionals. Energy storage has the potential to provide solutions to many problems and has the potential to reduce the impact of the energy crisis by introducing efficiency and stabilising the grid, ensuring that the ambitious goal of carbon neutrality is achieved and providing cost-effectiveness for the supply of energy to end consumers.