The revised Greek National Energy and Climate Plan (NECP) projects moderate growth in electricity demand by 2030, estimating an annual demand of 61.1 TWh. This is a reduction from the earlier draft NECP submitted to the European Commission at the end of 2023, which had forecasted a demand of 67 TWh by 2030. Compared to 2022, when electricity demand was 55.4 TWh, the new forecast represents an increase of approximately 10.3%.
The revised forecast indicates that electricity demand will remain relatively stable until 2025, reaching 56.4 TWh—a 2% increase from 2022. The slower growth in electricity demand is attributed to the government’s decision to postpone the widespread adoption of electric vehicles and heat pumps. This delay is expected to last until the next decade, when advancements in technology are anticipated to lower costs, making these technologies more accessible.
Overall, the NECP reflects a cautious approach to expanding electricity consumption, aligning with broader strategies to manage energy transitions and technological advancements.
