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Economy

Greece: Electricity Consumption Down 12.92% in August

September 27, 2022

ATHENS – Electricity consumption fell 12.92% in August compared with the same month last year, while petrol consumption also fell and diesel oil rose in the month, IPTO said on Tuesday. More specifically, electricity consumption fell to 5,002 GWh in August, from 5,329 GWh last year, with household and small- and medium-sized enterprises recording the biggest decline (-18.6%), while large industries recorded a 3% decline. Electricity consumption was down 0.54% in the January-August period to 35,337 GWh. However, domestic production of electricity grew as electricity exports quadrupled to 636 GWh and imports dropped 62.84% to 275 GWh.

The Public Power Corporation raised its market share to 63.33% (from 62.94% in July), followed by Mytilineos (7.29%), Heron (6.66%), Elpedison (6.26%), NRG (4.44%), Watt+Volt (2.22%), Natural Gas (2.08%), Volterra (1.99%), Zenith (1.98%) and Volton (1.35%).

Despite the increased tourism, fuel consumption eased, with petrol consumption down 4%, while diesel oil rose 5% because of increased demand by professional boats.

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