As 2026 unfolds, Greece has established itself as a significant player in the European electricity export market. In January alone, net electricity exports reached 1,257 GWh, which is nearly half of the total recorded for the entire year of 2025, according to data from the regulatory authority RAAEY. This remarkable performance places Greece among the top electricity exporters in the EU for the month, trailing only France, Sweden, and the Netherlands.
The consistent export flows from Greece since early January indicate a robust market structure rather than a fleeting increase. This trend has continued into February, showcasing a stable capacity for cross-border electricity sales that reflects underlying strengths in the Greek power system.
One of the primary factors contributing to this export success is Greece’s substantial generation capacity. The country has been able to offer competitive prices in the day-ahead market, ensuring that electricity dispatch remains attractive. This pricing strategy has resulted in Greek wholesale prices being lower than those in several neighboring markets, thereby enhancing Greece’s competitive edge across interconnections.
Additionally, favorable weather conditions have played a critical role in bolstering hydropower production. Increased winter rainfall has replenished reservoirs and allowed hydropower plants to operate at higher levels. This surge in hydropower output has not only supported Greece’s export surplus but also underscores the importance of renewable energy sources in stabilizing and enhancing electricity supply during peak demand periods.
