Potential for Further Development in RES

The Hellenic Association for Energy Economics had the pleasure to continue its Virtual Events Series and host a 30-minute conversation, on Wednesday, February 10 at 12.00 pm EET, with Mr. Yiannis Yiarentis, Chief Executive Officer & Chairman of the Board of Renewable Energy Sources Operator & Guarantees of Origin (DAPEEP SA), to discuss the potential for further development of RES projects in Greece, after the implementation of Target Model, as well as the role of DAPEEP in the Greek Electricity Market.

In 2020 there was a huge interest for investments in RES projects, underlying the investment potential in the sector, where the role of DAPEEP is crucial for the proper operation of the RES market and the attainment of the climate and energy goals set by the Greek NECP.

Mr. Yiannis Yiarentis, CEO & Chairman of BoD of DAPEEP, shared his thoughts about the measures taken from the Ministry of Environment and Energy to poise the RES special account deficit, the digitalization policy of the Operator with the parallel simplification payment procedure for the RES producers, and the role of DAPEEP in decreasing the industrial energy cost.

On top of the above, the virtual discussion focused on the potential further development of RES projects in Greece, and DAPEEP’s contribution in achieving the green energy transition goals. Additionally, the Covid-19 pandemic, the turbulences caused in the market, and the Operator’s role in overcoming this crisis will further be assessed. Last but not least, Mr. Yiannis Yiarentis gave his perspective about the opportunities and challenges triggered by the implementation of the Target Model, where DAPEEP operates as a last resort Aggregator.

The discussion was moderated by:

Spiros Papaefthimiou, President of HAEE & Associate Professor, Technical University of Crete

The discussion was held in Greek, but the minutes are also available in English.

Yiannis Yiarentis is the CEO and Chairman of BoD at the Renewable Energy Sources Operator (ΔΑΠΕΕΠ) from August 2019 until today. He holds a significant Greek and International experience in top management positions, in both private and public sector, with the most important, that of the President and CEO of IPTO (ΑΔΜΗΕ) from 2013 to 2015 when he paved the way for major electrical Interconnections with Greek islands (Cyclades) and all major infrastructure projects, such as the Megalopolis HVC, the interconnection of Polypotamos and many more projects that breathed life into the Electric System. Before that he had a long-term international career in large multinational and Greek companies in the Energy field. He has been a member of National and International Councils and Committees (Entso-e, MED-TSO). He holds a degree in Petroleum Engineering and Production Engineering and Management and a postgraduate degree (MSc) in Sustainable Development.