ABSTRACT

Greece sets a, prima facie, good example for achieving the main European policy for clean energy, the 20–20–20 target. Nevertheless, the regulatory financial incentives introduced for promoting renewable energy supply (RES) production, mainly the excessively high subsidies in favour of Photovoltaics, led to considerable distortions in the energy sector, despite subsequent efforts for rationalization. The domestic RES scheme seems therefore non-coherent, economically inefficient and, eventually, non-sustainable in the long run. After presenting the characteristics of the scheme, it will be argued that those deficiencies should be attributed not only to failures at a national level but rather to an EU reluctance for a more consistent and market-oriented integration in clean energy and climate change policy.