Emissions from electricity production rose in March 2026 to 1.28 million tons (+17% compared to February), with the carbon intensity standing at 222 g CO2/kWh (+10.6%) due to increased use of all three fossil fuels. For the first quarter of 2026, cumulative emissions were 3.96 million tons, down compared to 2025 (-24.7%) but higher than those of 2023 and 2024. There was a significant drop in emissions from oil (-44.7%) due to reduced production at thermal power plants in Crete.

In the first quarter of 2026, net exports (3.4 TWh) exceeded total exports for 2025 (3 TWh), thanks to high generation from renewables (5.9 TWh) and large hydro (2.5 TWh). However, gas and lignite saw an increase in March compared to February (+19.9% and +12.9%, respectively), resulting in higher average price on the wholesale market (€95/MWh, +21.3%). RES curtailments for the quarter totaled 410 GWh, double last year’s figure, while hours with zero or negative prices reached 240 (11% of the total hours for the quarter).