1. GREEK RENEWABLE ENERGY MARKET OUTLOOK – INDUSTRY PLAYER’S PERSPECTIVE
GREEK ENERGY INVESTMENT SEMINAR
London, November 22, 2018
Zisimos Mantas
Chief Business Development Officer

2. 01 02 03 04 Agenda EUNICE ENERGY GROUP (EEG)
Who we are / Sharing our vision 02
Renewable Energy Sector in Greece
Present and future perspectives 03
Business Development & Investments
Projects, Services and Energy solutions 04
Agenda
Innovative Business opportunities
Hybrid Power Stations / TILOS Project

3. EUNICE ENERGY GROUP (EEG)
EUNICE is named after the Greek mythical Nereid Εὐνίκη - Euníkē, a word which means good victory!
EUNICE Energy Group (referred to as “EEG”) is one of the leading renewable energy companies in Greece.
Since 2001, it has executed renewable energy investments and delivered smart energy solutions together with it’s technology and investment partners.
Today, the group is a versatile energy house that will operate along the entire value chain of the renewable energy sector - from green-tech manufacturing, through renewable energy generation, to sustainable energy supply and smart solutions to the end customers.
The group’s proven capacity to sense, make commercial sense and deliver innovative and solid solutions provides a solid platform in the changing renewable energy market in Greece.

4. Business activities in a nutshell (1/2)
Wind Projects
EEG owns and operates three (3) Wind Farms in Greece, total capacity 61.0MW
21.0MW of wind projects under construction
Pipeline of approx MW wind projects under development:
580.0MW project on 23 uninhabited islands of the Aegean Sea, Dodecanese region
67.0MW project in Lakonia region, Peloponnese
PV Projects
PV portfolio of 1.2MW in operation
Development of 5.0MW projects in aggregate

5. Business activities in a nutshell (2/2)
Manufacturing of a Small Wind Turbine
Nominal capacity: 50kW
Rotor diameter: 16m
Wind Class: II-A
Energy Trader & Energy Supplier
Trading license: 300MW
Supply License: 300MW
Retail Electricity provider
Wind Measuring Services
Certified under ISO
Measuring wind Speed & wind direction (acc. IEC )

6. Before introduction of FiTs ( -1998)
Market trends and cumulative installations
Before introduction of FiTs ( -1998)
Before Law 2773/1999, only communities & the Public sector installed wind turbines
Research purposes
FiTs introduced (1999 – 2006)
Law 2773/1999 with FiTs
Environmental & administrational issues arisen
New EU targets set (2006 – 2010)
Trend continues

7. Future market prospects / opportunities
Auctions for new installations (Wind/PV/combined)  RAE
Prev. auction Ref. Price range for wind: ~72 – 68€/MWh
2nd auction scheduled early December 2018  PV projects might prevail
Large wind projects including separate interconnections to mainland
Projects in Andros, Cyclades, Crete, Ikaria, Chios Lesvos, etc. including submarine cable interconnection to mainland
Project in uninhabited islets  onshore installations with challenging offshore conditions!
Private PPAs  option under the target model
Holistic energy approach for locally consuming/producing energy
Retail electricity trading
Net-metering and energy storage  Energy communities
Small wind turbines and PV systems combined with batteries
Blockchain technology and decentralized renewable energy production
Energy exchange schemes
Active management of energy and local billing
Hybrid Power Plants (Non-Interconnected islands, mainland)
Provide guaranteed amounts of energy to the Grid
Render renewables as dispatchable units
Ancillary services & Active frequency regulation

8. AEGEAN Project
580.0MW on 23 uninhabited islets of the South East Aegean Sea
Production licenses issued by RAE
Land rights secured
Project under environmental licensing
Project included in ENTSOE’s Ten Year Network Development Plan (TYNDP) 2014 and 2016
Approved for the TYNDP 2018

9. Electricity trading / retail services
Innovative Services
Energy audits & data analytics (Consumption Data, history charts, Monitoring, etc.)
Weather forecasting models
Demand response
Remote meter reading
Digital/Mobile Applications
Pro-sumer
Data Analytics
Value Added Services
Technology
Energy
Business Model
Data Acquisition
Solution-driven processes
Integration of technology solutions and innovations
Energy Trading and Contracting
Performance Contracting options (ESCO)
Turn-key, Hire Purchase, financing, leasing Contracting Options for Implementation of Technology Solutions
Net Metering
Energy Community (Development – Implementation – O&M)
Smart grid technology (meters, controllers, etc.)
Small wind & PV combined with battery
Smart energy management & energy saving
Combination of geothermal energy for heating/cooling

10. TILOS Project: Winner in #EUSEW17
EU Sustainable Energy Awards (#EUSEW) for 2017 has nominated TILOS Project among the 12 finalists.
Voting period for almost 6 weeks.
On June 20, 2017, in a special ceremony, TILOS Project has been awarded as:
Winner in the ENERGY ISLANDS category.
Winner in the CITIZENS’ AWARD category.

11. Project configuration
Wind Turbine
Variable speed, pitch controlled
Full-scale converter
Fault Ride-Through (FRT)
Energy Management System (EMS)
Consider forecasting (solar, wind, load)
Integrate DSM (load shedding, emergencies, etc.)
Operation:
Compliance to the Grid Code of Non-Interconnected Islands (NIIs)
Dispatchable unit  replaces diesel units
Day-ahead scheduling market
Supplements RE penetration through batteries
Provides ancillary services
active frequency control  P(f)
active voltage control  V(Q)
PV Station
PV panels
Controllable inverters
Batteries
Flexible characteristics
High charging rates
Long life-time
Power inverters
P-Q/operation
U-f/island mode
Grid-forming capability
Forecasting
Solar power
Wind power
Local load demand

12. Q&A SESSION Thank you By all means, energy to the people… Main Office:
29, Vas. Sofias Ave Athens, Greece
Factory:
Thesi Patima, Mandra Attikis, Greece
SESSION