How much did electricity cost in Greece in July 2024?

Baseload electricity prices in Greece amounted to 135 euros per megawatt-hour in July 2024. Electricity prices skyrocketed in Europe between the second half of 2021 and the first half of 2022, and Greece was strongly affected.

Is 5G available in Greece?

COSMOTE was the first to bring 5G to Greece, with its population coverage currently exceeding 90%.

What is the price of electricity in GR1?

Current price for respective area. Does not include tax, local vat or other surcharges. Lowest spot price today is 0 ct/kWh in area GR1. Highest is 21 ct/kWh in area GR1. How much does it cost right now? Detailed spot price on electricity hour by hour in Greece today.

How is Greece transforming its energy system?

Greece is undergoing a major transformation in how it generates, delivers, and prices electricity. From a fossil-heavy past to a renewable-powered future, the country is embracing a cleaner and more competitive energy model—driven by policy, market innovation, and consumer choice.

What happened to Greece's electricity prices in 2022?

The monthly average electricity baseload price in Greece's day-ahead market (DAM) peaked at 436.5 euros per megawatt-hour in August 2022, roughly quadrupling in comparison to a year earlier. In the second half of 2022 and in 2023, prices started to decline, although they were still not at the pre-pandemic level as of July 2024.

What is Greece's energy mix?

Greece's energy sector has undergone significant changes over the years. The country's energy mix primarily comprises renewable sources, natural gas, and lignite. Renewable energy, especially wind and solar power, has been steadily rising in contribution. Lignite, a type of coal, historically has been a dominant source of electricity in Greece.