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Greece: PPC market share declines slightly

The market share of Greece’s state-controlled Public Power Corporation (PPC) saw a slight decline from 72.31% in January to 71.93% in August 2024. This reduction was primarily observed in the low- and medium-voltage segments, where PPC’s representation decreased from 5,577,013 metering points to 5,559,788 over the same period.

The loss in PPC’s market share has benefited independent electricity suppliers, notably Protergia and Zenith. Protergia saw its metering points in the low- and medium-voltage categories increase from 469,529 to 499,648, while Zenith grew from 309,782 to 331,330 metering points.

In the low-voltage category, PPC’s market share fell from 72.34% in January to 71.98% in August 2024. Protergia made the most significant gain in this segment, adding 29,877 new metering points, while Zenith added 21,486.

In the medium-voltage category, PPC’s share dropped from 55.88% to 53.66%, with a decrease in metering points from 9,696 to 9,565. Meanwhile, other independent suppliers also experienced growth: Heron increased its metering points from 1,969 to 2,108, NRG from 1,004 to 1,075, and Elpedison from 650 to 684.

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