RES see their share expand

Net energy from renewables and large hydroelectrics in the first eight months of 2023 reached an all-time high of 16,683 gigawatt-hours, according to data from Greece's transmission system operator, ADMIE, processed by The Green Tank.

RES also set a record in terms of the share in demand coverage, which reached 41.9%, almost 4.5 percentage points higher than the previous high of 2022 (37.5%). At the opposite end was fossil fuel electricity generation, which reached a historic low, showing a decrease of 25.6% compared to the corresponding period of 2022.

The role of imports in covering demand in January-August 2023 is notable, as they increased by 136.9%, offsetting, together with RES, the large drop in the contribution of natural gas (-26.6%), lignite (-22.4%) and hydroelectrics (-18.7%).

After six consecutive months of decline, demand increased in the July...