In the first three months of ’23 the carbon footprint of electricity production declined by 21.5% compared to the same period in 2022 and by 39.6% compared to the 5-year average. By April 2023, #PPC has spent 38.1% of its total carbon budget available for the year according to the clauses of its sustainability-linked bonds.
58.2% share of renewables in electricity production and 48.7% in meeting demand in the first four months of 2023. Production from renewables exceeded that from fossil gas and lignite combined by 1188 GWh, while electricity demand was down by 9.7% compared to the same period in 2022.
Despite an increase of 20.9% in April 2023 compared to the same month in 2022, overall for the first four months of the year, Greece’s consumption of fossil gas decreased by 25.9% and 21.1%, respectively, compared to the same period last year and the five-year average. According to the latest available Eurostat monthly data, as of March Greece ranked first inthe EU-27 in reducing consumption, and above the EU-27 average in limiting the use of Russian gas (-51.8%) in the
Nikos Mantzaris comments for Politico’s daily energy and climate newsletter.
Contribution by Ioli Christopoulou to the online discussion by Europe Calling e.V. and Heinrich Böll Stiftung Greece on elections in Greece.
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In the first three months of 2023, a total of 3.81 million tonnes of CO2 were emitted for electricity production, reduced by 27.5% compared to the same period in 2022 and by 32.3% compared to the 5-year average. By March 2023, PPC has spent 31.2% of its total carbon budget available for the year.
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.
