climate change & energy

Trends in electricity production – June 2023

58.6% share for clean energy in domestic electricity generation and 49.7% in meeting demand for the first half of 2023. For the twelfth consecutive month, electricity demand decreased compared to the same month last year (-10.4%), while the total for the six-month period was down 8.5%.

Trends in Greece’s fossil gas consumption & imports – June 2023

A 21.7% decrease in fossil gas consumption in the first half of 2023 compared to 2022 and an 18.1% decrease compared to the 5-year average. Domestic consumption of specifically Russian gas decreased by 62.9% compared to the first half of 2022, despite an increase in imports from Russia in June.

The carbon footprint of electricity production – May 2023

In the first 5 months of 2023, 5.62 million tonnes of CO2 were emitted from the power sector, a decrease of 21.3% compared to the same period of 2022 & 40.5% compared to the 5-year average. By May 2023, PPC has spent 44.4% of its total carbon budget available for the year according to the clauses of its sustainability-linked bonds.

Trends in electricity production – May 2023

Record production from RES and hydro (9749 GWh) in the first five months of 2023 compared to the same period of the last 10 years with a share of almost 60% (59.4%) in domestic electricity production and almost 50% (49.7%) in meeting demand (49.7%). 1/3 (-33.7%) lower contribution of fossil gas compared to the same period of 2022, while electricity demand decreased by 8.2%.

Greece on track to reduce its emissions in the ETS sectors

The annual analysis by The Green Tank shows that compared to 2005, Greece recorded a 57.1% reduction in emissions from all installations in the sectors of electricity and heat generation and energy-intensive industry covered by the ETS, ranking 6th in the EU-27 and 12 places higher than the EU-27 average (-37.9%).

Trends in Greece’s fossil gas consumption & imports – May 2023

Zero Russian gas imports to Greece in May for the second time in 2023. The lowest gas consumption compared to the same month of the previous five years was recorded, resulting from the decrease of gas use in electricity production, while the cumulative decrease for the first five months of 2023 was 24.3%.