Greece: Electricity Consumption Rose in November

November 30, 2020

ATHENS — The consumption of electricity, which increased in November compared to the corresponding month in 2019, shows a completely different picture in relation to the "lockdown" in spring, according to figures released by ADMIE on Monday.

According to ADMIE data, the picture of November consumption – a few days before the end of the month – indicates an increase in demand by 1.42 pct compared to November 2019 (3,552 gigawatt hours this year compared to 3,502 last year). In comparison, in March 2020, when the first "lockdown" was imposed, the demand for electricity decreased by 3.44 pct, followed by April with -12.18 pct, May with -10.15 pct, June with -17.19 pct.

Demand in July and August declined by 4-6 pct.

By comparison, demand for heating oil showed a significant increase this year (up until May) while demand for other fuels fell.



ATHENS — Credit ratings company Fitch has revised Greece’s outlook to positive from stable, although it kept the country’s rating at BB, two notches below investment grade.

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TNH’s Happenings of the Week by Eraklis Diamataris

The National Herald’s Happenings of the Week (Jan 8 – Jan 15) as have been reported at the print and digital editions of TNH and presented by the TNH Editor Eraklis Diamataris.