The year 2023 saw Greece’s energy market breaking new records for the penetration of renewable energy sources (RES) and reduced energy consumption, according to information revealed to the Athens-Macedonian News Agency (ANA) and published on Saturday, despite a year marked by economic growth and a decline of prices relative to the peak of the energy crisis, ANA reports.
In a statement to the ANA, the president and CEO of Independent Power Transmission Operator (IPTO) Manos Manousakis said that ‘green’ power production combined with large hydropower rose to 57% of total power production in 2023 (of which 47.9% were RES and 9.09% hydropower), breaking the previous record of 2022. This was the result of investments in new RES units and the development of new networks needed to transmit ‘green’ energy.
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