Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
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

Europe: Gas prices slide in Week 30 amid strong supply, cooling demand

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in...

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...
Supported byVirtu Energy
error: Content is protected !!