2030–2035 scenario annex: Gas...

Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG...

What the European gas...

The European natural gas market has moved decisively away from its pre-2020 equilibrium....

Policy without borders: How...

Electricity market coupling is often discussed in technical or commercial terms, but its...

Fragmented convergence: Why Southeast...

For much of the past decade, the dominant assumption shaping policy and market...
Supported byClarion Energy
HomeSEE Energy NewsGreece: RES curtailments...

Greece: RES curtailments soar by 294% in 2024 due to market violations and demand stagnation

The Greek energy regulatory authority RAAEY reported a dramatic rise in renewable energy source (RES) curtailments in 2024, reaching nearly 900 GWh. This marks a 294% increase compared to 2023, when curtailments totaled 228 GWh. These curtailments were mainly implemented to prevent network overloads and outages.

The surge in curtailments is primarily attributed to the significant growth in renewable energy generation last year, paired with relatively stagnant electricity demand. Around 50% of the curtailments were due to market schedule violations. RAAEY data reveals that between January 18 and December 31, 2024, 826 GWh of RES curtailments occurred during the hours of 8 AM to 5 PM.

Notably, 357 GWh of this total bypassed the markets entirely. If green aggregators had followed market schedules, the electricity transmission system operator ADMIE would have only needed to curtail 469 GWh—43% less than the actual reductions that occurred.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

2030–2035 scenario annex: Gas prices, CBAM and export margins

Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG tightness, regulatory uncertainty, and persistent geopolitical risk, European gas prices remain volatile with frequent spikes. Average prices may moderate, but extreme events become more common. Under this...

Gas vs electricity procurement: Strategic choices fo Serbian exporters

Serbian exporters increasingly face a strategic choice: treat gas and electricity as separate procurement streams or integrate them into a unified energy risk strategy. The latter approach is rapidly becoming essential. Gas procurement indexed fully to TTF offers flexibility but...

Electricity prices, production costs, and export competitiveness: What Serbian manufacturers face when selling into the EU

Electricity pricing has shifted from a background cost to a central competitive variable for Serbian export-oriented production. For companies selling into the European Union, power prices now influence operating margins, contract structure, carbon exposure, and long-term bankability. This is...
Supported byVirtu Energy
error: Content is protected !!