IENE’s weekly comparison showed Greece’s net electricity exports rose 52.83% to 208.38 GWh in the week to November 1. Greece remained the lowest-priced of the seven major regional power markets tracked.
The weekly average day-ahead price reached €255.04/MWh, up €25.62/MWh. It was €32.22/MWh below Romania’s price and €6.72/MWh below Italy’s.
Greek wind generation increased by 193.9%, almost tripling, while solar output fell by 42.2%; combined wind and solar production rose 7.2%. Hydropower output declined by 3.80%, while gas-fired generation increased by 13.40%, helping total thermal output rise 10.38%.
Electricity demand grew by 1.64%. Stronger wind generation, higher gas-fired output and increased net exports pointed to a change in Greece’s regional supply role during the week.
Lower prices and higher exports do not guarantee that neighboring buyers can obtain Greek electricity at Greece’s clearing price. Available interconnector capacity and hourly price formation affect access, while traders use Greece’s discount to assess whether southern supply can ease higher-priced markets to the north and west.
