Skylakakis: Greece now exports 1/3 of its electricity


Up to a third of the Greek ends up abroad production electricity several hours every day, as the Minister of Energy, Theodoros Skylakakis, stated in an interview.

Specifically, out of an electricity production of around 6 GW, 2.1 GW were purchased from neighboring countries yesterday (10.12.2024). These are, of course, large quantities that reveal the strong effect of the energy isolation of SE Europe in relation to the rest of the continent. As is well known, this year our region is facing problems because it is called upon to assist Ukraine and indeed with limited resources. Specifically, this country absorbs around 2 GW, which is roughly what Greece exports.

All this while the hydroelectric plants in the area are under-functioning due to the drought, while at times wind and photovoltaic production declines depending on the weather conditions. This is normal and expected, but it often makes things difficult. However, there are also positive developments, such as the complete re-operation of the Kozlodui nuclear power plant in Bulgaria.

A look at the ADMIE data confirms the minister’s words: For example, on December 9 at 8 pm Greece exported 159 MW to Albania, 533 MW to B. Macedonia, 496 MW in Bulgaria, 39 MW in Turkey and 510 MW in Italy. A similar picture has been observed for several days now.

Next is that high exports increase the wholesale price in the Greek market, which is a major problem.

Mr. Skylakakis emphasized that based on the above picture, the decision was taken on fiscal measures so that the government would take money from producers and give it to consumers in the form of a subsidy.

So far, the subsidy for household consumers has been announced, reaching 1.5 minutes/KWh, while the corresponding one for businesses is expected within days.



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