Free fall for fossil gas in electricity generation during the first quarter of 2023 (-46.2%). Lignite’s contribution also decreased by 9.3%. Renewables and large hydro with a share of 48.1% outperformed fossil fuels by 14 percentage points. However, net electricity imports were up 87.1%, while the country missed the EU target of -10% in demand in the 5-month reduction period (Nov. 2022-Mar. 2023) by 354 GWh.
Statement by Nikos Mantzaris to K. Voutsadakis and the Athens-Macedonian News Agency.
Statement by Nikos Mantzaris in the article by Hara Bourganis on Green Tank’s latest analysis of trends in fossil gas consumption and imports.
Radio interview with Nikos Mantzaris for ERT’s First Programme.
Greece completed the eight-month period of reduction in fossil gas consumption set by the EU (August 2022-March 2023), with -20.9% compared to the five-year average -thus far exceeding the European target of -15%- and -31.8% compared to the same eight-month period of the previous year.
A total of 2.67 million tonnes of CO2 were emitted in the first two months of 2023 for electricity production, reduced by 14.7% compared to the same period in 2022. PPC has already spent 22.2% of its carbon budget for 2023 according to the sustainability clause of its bond loans.
The launch of the campaign was followed by the publication of the analysis “Freedom from Fossil Fuels”.
Renewables surpassed the combined production from lignite and gas in the first two months of 2023. There was a large reduction in gas, an increase in net imports and a decrease in electricity demand, however below the levels of Greece’s European goals.