The solar thermal market in Greece—review and perspectives

The Hellenic solar thermal market is actually one of the most developed worldwide. This paper provides an overview of the evolution of this market since its start in the mid-1970s until today. The reasons for its success are discussed in detail: the role of the manufacturers, the quality assurance practices applied and the incentives on the demand and supply sides. The role of economic instruments towards the development of the Hellenic solar thermal market is investigated using a cost–benefit analysis (CBA). Although commercially successful, solar thermal applications today in Greece still cover a very limited percentage of their potential applications. The perspectives and potential barriers for their future development are presented, analyzed by a CBA and discussed. This information is useful for all parties related to this market, manufacturers, potential users, policy makers, etc. Countries having a solar energy potential similar to that of Greece but a less developed solar market may also identify in this work parameters that will contribute to the development of their national market.