Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

As part of the ongoing construction of the Dabar hydropower plant, planned work...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a...
Supported byClarion Energy banner
HomeUncategorizedGreece: PPC's market...

Greece: PPC’s market share dropped to 57%

Independent electricity suppliers are slowly but steadily gaining ground on power utility PPC, the Greek retail electricity market’s dominant player, an annual market share report published by the energy exchange has shown, energypress.eu reported.

PPC ended 2023 with a market share of 57.43 percent, down from 63.14 percent a year earlier, while the independent players gained ground for a collective market share of 42.57 percent at the end of 2023, up from 36.86 percent at the end of 2022.

These inversely related trajectories have generally been sustained since the launch of the target model in 2020. PPC has shed approximately 10 percent of its market share over these four years.

As for the country’s independent suppliers, Heron led the pack at the end of 2023, overtaking Protergia, the independent frontrunner in 2022.

In 2023, Heron, as a supplier, gained two industrial consumers, metal processing company Viohalko and cement producer Titan. Both switched from PPC, which maintained its role as producer. Other industrial consumers also switched from PPC to rival suppliers, resulting in a sharp market share contraction for the power utility in the high-voltage category.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

IAEA offers support to Serbia for strengthening nuclear energy capacity and advancing national programs

The International Atomic Energy Agency (IAEA) has expressed its readiness to fully assist Serbian institutions in enhancing national capabilities and advancing nuclear expertise to support energy development. This commitment was conveyed to the Serbian Radiation and Nuclear Safety and...

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...

Montenegro: EPCG announces tender for solar panels in Kapino Polje L1 power plant expansion

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The project involves the acquisition of 8,625 photovoltaic modules, each with a capacity of...
Supported bySEE Mining News
error: Content is protected !!