Greek solar thermal market in 2013

The Greek solar thermal market contracted in 2013. The Greek solar thermal market,as well as the Greek economy in general, still feels the effects of the economic and fi nancial crisis, and of the austerity measures. After withstanding the overall crisis for some years, the newly installed capacity decreased by 7%, amounting to 159 MWth (227 150 m²).

The new housing market remains fl at, not creating opportunities for new installations. Therefore, the solar thermal market is driven by the replacement of old solar thermal systems, and also of electric and oil heating systems. It should be noted that the Greek market is a mature one, booming in the early 1990s, and today it is almost identical in size as it was then.

This means that the replacement of old solar thermal systems is an important market segment. This also means that there are no major increases in the accumulated installed capacity. The market now counts 2.9 GWth (4.2 mio m²), representing an increase of 1.4%.

source : ESTIF

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