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Greece: Electricity demand falls for 11th consecutive month

 

Electricity demand in Greece fell for an eleventh consecutive month in May, while RES and hydropower plants dominated the energy mix, capturing a record 64.7 percent share, a latest monthly report released by power grid operator IPTO has shown.

Electricity demand fell by 7% last month compared to May 2022, according to IPTO data.

High-voltage consumers recorded the biggest drop last month, reducing their electricity usage by 7.2 percent, while households and businesses reduced their usage by 6.9 percent, the IPTO data showed. Electricity demand last month totalled 3,610 GWh, IPTO noted.

The energy crisis’ significant price increases and energy sufficiency concerns have brought about a drastic change in consumer behaviour regarding energy usage by households and businesses.

This more apprehensive approach towards energy consumption has prevailed among consumers since last July.

Favourable weather conditions, including generally mild weather before, during and after last winter, have also contributed to the downward trajectory in electricity demand, energypress.EU reports.

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