Greece Large Outdoor Power Wholesale

Is Greece a net exporter of electricity in 2024?

And for the first time, Greece became a net exporter of electricity in 2024, sending surplus power to neighboring countries through an expanding regional grid. Renewable energy is booming in Greece. By the end of 2024: Solar PV capacity topped 9 GW, with new projects being added at record pace.

What are Greek electricity bills?

Greek electricity bills include: Supply Charge – The actual cost of energy (can be fixed or variable). Network Charges – Regulated fees for using transmission and distribution lines. Public Service Obligations (PSOs) – Costs to support islands, renewable energy, and vulnerable consumers.

How is Greece transforming its energy system?

Greece is undergoing a major transformation in how it generates, delivers, and prices electricity. From a fossil-heavy past to a renewable-powered future, the country is embracing a cleaner and more competitive energy model—driven by policy, market innovation, and consumer choice.

What fossil fuels are used in Greece in 2024?

Natural gas remains the top fossil fuel, while coal (lignite) is being phased out—dropping to just 6% of generation in 2024. Oil is mostly used on non-interconnected islands. And for the first time, Greece became a net exporter of electricity in 2024, sending surplus power to neighboring countries through an expanding regional grid.