The Hellenic Competition Commission (HCC) and the Regulatory Authority for Energy, Waste and Water (RAAEY or RAEWW) began a double probe into the Greek electricity market. The move follows a report by the European Union Agency for the Cooperation of Energy Regulators (ACER) concerning the formation of wholesale prices during the period between July and September […]
Conditions in the Greek market have worsened in recent months for renewable energy producers, especially in the solar power segment, as a result of low and negative electricity prices. So far in September, the total number of hours with a negative price in the day-ahead market (DAM) has reached 27. Prices usually fall slightly below […]
Wind energy played a crucial role in turning Greece into a net electricity exporter last year, for the first time since 2000. The country used to import a significant part of its electricity in previous years. Back in 2019, net imports amounted to 10 TWh or 18% of total consumption, according to Minister of Environment […]
Greece’s special account for renewables, which covers support payments to renewable energy producers, turned positive again in 2024 after years of instability. The account is currently manageable, according to data from the Renewable Energy Sources Operator & Guarantees of Origin (DAPEEP). The update is bringing certainty to the market and reassures investors that their power […]