Greece: October record share for gas-fired generation, SEE Energy News
This October, natural gas was followed by renewable energy generation, which stood at 33.86 % share, lignite’s share dropped to 4.25 %, while hydropower has a 3.21 % share. Natural gas-fired electricity generation reached a record share of 56.64 % in Greece’s energy mix in October.
The significant rise of natural gas share in the energy mix has been attributed to a major slowdown of Public Power Corporation’s (PPC) lignite-based generation. Natural gas-fired power plants operated by PPC and other independent producers further consolidated their place in the energy mix.
October’s 56.64 % share of gas-fired generation broke this fuel’s previous record of 53.76 %, registered in August. In September, the share of natural gas was slightly lower and amounted to 51.74 %. In October 2019, the share of natural gas in total electricity generation was 49.86 %, while lignite stood at 22 %.
However, PPC’s lignite-based generation could rise slightly in coming months in order to cover district heating needs. On the other hand, the role of natural gas in the ongoing energy transition towards renewable energy is expected to play a pivotal role for the sufficiency and security of Greek electricity supply.
- September 26, 2022 Serbia, Terra Solar to build 8 MW solar power plant in Lebane
- September 26, 2022 Romania, BSOG said that it is interested in the development of offshore wind projects in the Black Sea
- September 26, 2022 Romania, OMV Petrom makes the final investment decision regarding the Black Sea Neptun Deep gas project