Market profile

Greece

nascent * buildout: pending risk: pending outlook: pending

* maturity derived from capacity data; full assessment pending.

0
GW operational
0
GW in construction
0
GW pipeline
2
projects
Proposed · 0.6 GW (2)
Progress to target
0%
0 GW operational of 2 GW by 2030
NECP offshore wind
Next auction round
Greece first offshore wind auction (HEREMA)
· tender · planned
1.9 GW offered
full auction outlook ↓

Assessment

Assessment pending

This market has a derived snapshot above but no in-depth assessment yet. Authored coverage rolls out market by market; the data here is live in the meantime.

State of the market

as of 2026-09-09
0%
of GW sited through contested rounds
delivered (COD actuals)unweighted dated pipeline (building / contracted / early)Expected Buildout (confidence-weighted)national target (range)superseded targettoday
012GW202520302035today+ building → 0.0 GW+ contracted → 0.0+ early → 0.0EXPECTED BUILDOUT → 0.0 GW0.0 GW operational2.0 GW target · 2030

Teal line = the Hafrok Expected Buildout (confidence-weighted): 0.0 GW of live pipeline weights to 0.0 GW expected to complete, timed by each project's COD distribution (mass beyond 2037 not drawn). Bands are the unweighted dated pipeline — the Expected Buildout also models on-hold and undated projects, so it can sit above them.

How this line is made

The Expected Buildout line answers one question: of the pipeline announced today, how much actually gets built, and when? It is not a scenario and not a target tracker — it is the database's live pipeline, passed through two filters measured from the industry's own delivery record.

Whether a project completes. Every project in development carries a completion weight, banded Delivering / Expected / Prospective / Fragile. A proposal — a site where no authority has yet granted rights — carries none and sits outside this line entirely; it is listed, not counted. The starting point is the historical completion rate of its lifecycle stage — of projects that reached construction, 97% delivered; financed but not yet building, 92%; consented without financing, 75%; early development, 61%; on hold, 15%. That base rate is then adjusted by what the project has actually secured (offtake, grid, consents, investment decision) and decays if a project sits quiet past its stage's normal dwell time.

When it delivers. Each project also carries a completion-date distribution — a shape, not a single year, right-skewed because offshore wind slips late far more often than it runs early. The peak sits on a rule-based expected date chained from the project's latest achieved milestone; the width of the late tail is fitted to how far past their announced dates real projects actually landed: builders slip tight (68% on time, n=158), financed projects tighter still (72%, n=101), consented-only projects carry the fat tail — 25% land three or more years late (n=133). A stated date faster than any comparable project has ever achieved is floored to the achievable window and flagged, never taken at face value.

The line is the sum, across every live project, of capacity × completion weight × the probability it delivers in each year. For projects already under construction, a share of expected capacity is counted at first power — turbines start generating before a wind farm is fully commissioned — so a market's chart can show capacity arriving a year before a project's stated completion date. Delivered history is metered fact; the line inherits every assumption above and nothing else.

Honest limits. The weights are calibrated on a fleet whose failures have so far been overwhelmingly pre-financing — completion rates after FID rest on a record with few failures, so they are ceilings, not guarantees. The slip fitted on consented projects is the loosest (the "three or more years late" bucket spans many years). Policy shocks arrive faster than base rates move — the weights see a stop-work order only as its lifecycle consequences accrue. And the line redistributes as the database learns: it is re-derived on every data refresh, not frozen.

Full per-project workings — each project's weight, band, expected date and distribution — are on its project page. Calibration v2.0-phase0 · generated 2026-09-09; every figure above is read from the generated calibration file, never typed.

Auction outlook

forecast · 1 round tracked
Seabed leaseOfftake awardIntegrated tenderscheduled — bar spans the expected windowplanned (indicative)postponed / suspendedno date yet (off-axis)
202720282029today
NO DATE YETGreece first offshore wind auction (HEREMA) · planned
Integrated tender Greece first offshore wind auction (HEREMA) planned
What the date rests on — indicative

No Greek offshore auction held yet. HEREMA is designating Organised Offshore Wind Development Areas (first six, ~1.9 GW — E. Crete, S. Rhodes, central Aegean nr Donoussa/Gyaros, Evia, Ionian Sea); model is a two-sided / flexible CfD with curtailment protection. the delineating presidential decrees are still pending; exploration-licence applications open two months after each decree. First auctions expected ~2026, award ~2027, final permit/financial close ~2028 (indicative, not on a committed HEREMA calendar).

Origination ladder

settled rounds → projects
Seabed leaseOfftake awardIntegrated tenderbirth award (colour = round type)no auction award on record (the chapter names how the site originated)offtake / tender winterminated award / cancelledFIDCOD achievedCOD expected (dashed = still to run)on hold
202520252030203020352035DIRECT AWARDS — SITE GRANTED WITHOUT COMPETITIONAlexandroupolis Offshore Wind Farm · 400 MW · Proposed · developer's date 2030 · not forecast · No auction award on record · direct awardAlexandroupolis Offshore Win…2030e400 MWPPC Alexandroupolis Pilot · 216 MW · Proposed · developer's date 2030 · not forecast · No auction award on record · direct awardPPC Alexandroupolis Pilot2030e216 MW