Energy & Climate
"Energy is the pulse of progress, but its future lies in harmony with the climate—where innovation meets responsibility to power a sustainable tomorrow."
Energy sector in Greece
Greece stands at the crossroads of a transformative energy future, leveraging its unique geographical advantages and natural resources to become a hub for sustainable energy development.
With abundant solar and wind potential, the country is accelerating its transition to renewable energy, aiming to reduce carbon emissions and enhance energy security.
Recent investments in modernizing infrastructure, expanding renewable energy capacity, and integrating innovative technologies like energy storage and hydrogen reflect Greece’s commitment to a greener, more resilient energy system.
Energy sector in numbers
Solar Capacity
Grew from 2.6 GW in 2018 to 5.3 GW in 2022.
Solar now represents 40% of Greece's total renewable capacity.
Target: 13 GW by 2030, more than doubling the current capacity.
Wind Capacity
Increased from 2.8 GW in 2018 to 5.2 GW in 2023.
Generated 10.9 TWh of electricity in 2023.
Onshore installations growing by ~400 MW annually.
Investments
Clean energy investments exceeded $1.8 billion in 2022.
Rapid growth in both utility-scale and self-consumption renewable projects.
Greece is the 2nd most attractive country in the world for renewable energy investment relative to its GDP!
Ιnstalled renewable energy capacity in Greece has doubled in the last four years, with green energy now accounting for 50% of electricity generation. Ηigh energy prices and government support are driving the creation of local power generation communities.
NECP Targets
Enhancing Energy Efficiency
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Final energy consumption not to exceed 15-4 Mtoe,
and primary energy 19.1 Mtoe in 2030. - To achieve an improvementin energy efficiency by 49%
ReducingGHG emissions and environmental objectives
- Total GHG emissions to be reduced by 54% compared to 1990.
- Shut down lignite power plants by 2028.
Increasing the RES share in energy consumption
- The RES share in gross final energy consumption to reach at least 42%.
- RES share in gross final electricity consumption to reach at least 79%.
- RES share in covering heating and cooling needs to exceed 46%.
- RES share in the transport sector to exceed 29%.
News & Updates
Company Number: 70157/2024
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