climate change & energy

Trends in fossil gas consumption & imports – February 2024

In the first two months of 2024, gas consumption increased by 30.1% compared to the same period in 2023. Greece fell to 23rd place in the EU-27 in terms of the voluntary reduction target (-15%) for the period April 2023-January 2024 and is 5 percentage points away from the target. The main source of gas imports is again Russia.

Trends in electricity production – January 2024

In January 2024, renewables had the second highest monthly production historically (2,207 GWh), just behind the first in August 2023 (2,254 GWh). Together with large hydro, they covered almost 60% of electricity production and almost 57% of demand. Electricity consumption increased by 6.6% compared to January 2023.

Measures to shield households against the energy and climate crisis

Analysis by The Green Tank and Facets examines 8 scenarios for the residential housing sector and 2 scenarios for the road transport sector and identifies the most efficient combinations of measures that will reduce both the carbon footprint and energy bills of households by 2030. The implementation of these measures can lead up to €1.6 billion annual economic benefits in 2030 for the Greek households, while also reducing emissions from both sectors by up to 7.1 million tonnes of CO2