April 19, 2024

Athens News

News in English from Greece

Electricity tariffs in Greece increased by 189% in the past 12 months

Average electricity prices on the Greek energy exchange rose to € 134.73 per megawatt hour in September from € 121.72 per megawatt hour in August and € 46.6 per megawatt hour in September 2020, the exchange said. …

This increase represents an increase of 189% in 12 months, mainly due to the jump in natural gas prices and CO2 rights.

In October, electricity prices continued to rise and reached 178.29 euros / MWh on Wednesday (maximum price was 251.26 euros).

In the structure of energy consumption in September, the leaders were power plants operating on natural gas, which covered 46% of demand. They were followed by renewable energy sources (28%), imports (15%), lignite power plants (8%) and hydroelectric power plants (3%).

The Energy Exchange reported that the Public Power Corporation (DEN) market share fell to 62.62% in September from 64.37% in August, with alternative suppliers increasing their market share, led by Mytilineos (8.08% from 7. 67%), Heron (6.79% from 6.4%), Elpedison (6.09% from 5.69%), NRG (4.66% from 4.42%) and Watt + Volt (2.52 % of 2.67%).





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